Automotive
CNADNR Received Ten Bids For RON70M Tecuci Ringroad Contract
Romania's National Road and Highways Company (CNADNR) has received ten offers for the construction of a ringroad for Tecuci, Galati county, a project worth almost 70 million lei (EUR16 milli...
Dacia To Move Part Of Sandero Production To Morocco, Build More Dusters In Romania
Carmaker Automobile Dacia will move part of its Sandero model production from Mioveni, Romania to the Renault factory in Casablanca, Morocco, in order to expand production of the Duster mode...
Ford To Reach Maximum Production Capacity At Romanian Plant In 2015
U.S. carmaker Ford will reach maximum production capacity at its car plant in Craiova, southern Romania, in 2015, and might produce 100,000 B-Max minivans locally next year, Wolfgang Schneid...
CFR Wants To Upgrade 12 Bridges For RON67M
Romanian state-owned railway company CFR SA wants to upgrade 12 bridges for 67.26 million lei (about EUR15.7 million), VAT excluded, the company said Tuesday.
Altur Slatina Invests Over EUR5M In Equipment
Automotive component manufacturer Altur Slatina (ALT.RO), controlled by businessman Catalin Chelu, will make a 22.1 million lei (EUR5.18 million) investment to buy equipment required to impr...
Transport Ministry To Pay Compensation Of RON10M After Changes In Bucharest-Ploiesti Highway Technical Plan
Romania’s Transport Ministry will pay compensations of 9.89 million lei (about EUR2.31 million) after it changed the Bucharest-Ploiesti highway’s expropriation plan, according to a draft Gov...
Altur To Take Out RON14M Loan From Raiffeisen Bank
Romanian car parts maker Altur Slatina (ALT.RO) on Monday said it will take out a 14 million lei (EUR3.28 million) loan from Raiffeisen Bank, to upgrade production.
Alin Tapalaga Promoted As General Manager Of Porsche Colombia
Alin Tapalaga, general manager of Porsche Inter Auto (PIA), the retail division of Porsche Holding on the Romanian market, is this week taking over as general manager of Porsche Colombia, th...
UniCredit Leasing In Competition With Used Car Dealers
UniCredit Leasing, which controls a third of the leasing market, is tapping the used car market with a major project, taking over the former complex built by AAA Auto at the entrance to the...