Automotive
Romania’s High Defense Council Meets For Talks On CFR Marfa Privatization
Romania’s high defense council CSAT will convene Monday for talks on the privatization strategy targeting state-run freight railway company CFR Marfa, the decentralization of the police serv...
PM: Works On Iasi Beltway To Be Completed In May 2012
The beltway around the eastern Romanian city of Iasi, where works started in 2008, will be finished in May 2012, Prime Minister Emil Boc said Sunday.
Renault Romania Paid Taxes Amounting To EUR625M In 2005-2010
Carmaker Renault Romania paid taxes amounting to EUR625 million between 2005 and 2010, and created 17,000 new jobs directly and about 130,000 jobs indirectly, through its local investments,...
Romania 8-Month Passenger Car Sales Down 11.9% On Year To 68,140 Units
Romanian new passenger car sales stood at 68,140 units in the first eight months of 2011, down 11.9% compared to the same interval a year ago, Automotive Manufacturers and Importers Associat...
CFR Calatori Wants To Buy Brake Pads For Rolling Stock For Up To RON24.5M
Romania’s state-run passenger railway company CFR Calatori will organize an auction on October 25 to buy brake pads for rolling stock, the company said in a press release Friday.
Transport Ministry Signed 89 EU-Funded Contracts Worth EUR1.6B Over Past Year
Romania’s Transport Ministry has signed 89 EU-funded contracts worth EUR1.6 billion since September last year, and will sign eight more contracts estimated at about EUR350 million in the fol...
Germany's Continental, Draexlmaier Want To Invest Almost EUR170M In Romania
German car part producers Continental and Draexlmaier want to expand their Romanian operations, through short- and medium-term investments in production, with a combined value of almost EUR1...
Transport Ministry Wants To Upgrade Three Road Sections For About EUR65M
Romania’s Transport Ministry wants to upgrade three national road sections in southeastern Romania, and the investment is estimated at 272.14 million lei (about EUR64.8 million), VAT include...
Boagiu Wants To Fine Transfagarasan Maintenance Contractor
Romanian Transport Minister Anca Boagiu has asked the National Road and Highway Company (CNADNR) to fine Argecom, the company hired to work on DN7C "Transfagarasan," for failing to abide by...