Automotive
CNADNR's Investment Budget Raised 26% To RON7.6B
Romania's Transport Ministry will ask the Government to raise the national road company's investment budget by 26%, to 7.59 billion lei (EUR1.78 billion), mainly for the Transylvania and Buc...
Romstrade Group To Contract Design Services For Private Airport In December
Romstrade Group has launched an auction to contract design services to construct a private airport in Adunatii Copaceni, in the southern county of Giurgiu.
Businesses Owned By Nelu Iordache Expect EUR500M Turnover In 2011
The group of companies owned by businessman Nelu Iordache, which includes lowcost airline Blue Air and construction firm Romstrade, expects sales to reach some EUR500 million this year, comp...
Metrorex Selects Consulting Consortium For New Subway Section Construction
Romanian state-owned subway company Metrorex on Friday signed a contract of 44.71 million lei (about EUR10.5 million), VAT excluded, with a consortium made up of companies Metroul and Systra...
Umbrarescu Gets One Tenth Of Development Ministry Funds For County And Local Roads
Spedition UMB and Tehnostrade, two construction companies controlled by Dorinel Umbrarescu, a low-profile entrepreneur, have so far won one tenth of the EUR2.6 billion that the Ministry of R...
Oltchim and Hidroelectrica Proposed For Private Management - Sources
Hidroelectrica, Oltchim, Tarom and CFR Marfa are the companies for which Romanian authorities and the International Monetary Fund agreed to appoint private management, with the complete list...
Development Ministry Awards EUR128M Contract For Road Rehabilitation In E Romania
Romania's Regional Development Ministry has awarded a contract worth 540.8 million lei (EUR128 million), net of VAT, for the rehabilitation of roads in counties Iasi and Neamt, to the partne...
Petrom Enters Top 15 Largest Companies In CEE
Petrom, the largest domestic company, climbed 11 positions in the ranking of the 500 largest Central and Eastern European companies, joining the top fifteen. The ranking is clearly dominated...
Automobile Bavaria To Open Rolls-Royce Showroom In Munich
Romanian car dealer Automobile Bavaria on Thursday will open a Rolls-Royce showroom in Munich, the company said Wednesday.