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Automotive

CFR Calatori Wants To Upgrade 30 Locomotives For RON100M

Romanian state-run passenger railway company CFR Calatori wants to modernize five to thirty electric locomotives for 99 million lei (about EUR23.43 million), without VAT, the company said in...

Ioana Tudor · 07.09.2011 · 12:19 · 1 min
Automotive

Romania To Introduce Vehicle Emissions Certificate, Eliminate Pollution Tax In 2013

Romanian Environment Minister Laszlo Borbely said Tuesday that, in mid-2012 or in 2013, he plans to eliminate the pollution tax paid upon a car's first registration and introduce a"green car...

Radu Bostan · 06.09.2011 · 15:09 · 1 min
Companies

35 State Companies Generate EUR10B In Turnover, But No Profit

The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Fina...

Roxana Petrescu · 06.09.2011 · 00:00 · 1 min
Tiriac's Car Business Slumps To A Third Of 2008 Turnover
Automotive

Tiriac's Car Business Slumps To A Third Of 2008 Turnover

Tiriac Holdings' car sales last year fell by nearly 30% against the preceding year, to almost EUR337 million, according to ZF calculations based on data published by the Finance Ministry. Th...

Bogdan Alecu · 06.09.2011 · 00:00 · 2 min
Basarab Overpass Builders Set To Complete Cernavoda-Medgidia Highway With EUR120M
Automotive

Basarab Overpass Builders Set To Complete Cernavoda-Medgidia Highway With EUR120M

2011’s hottest infrastructure project, the construction of the Cernavoda-Medgidia section, finally has neared a conclusion. Italy’s Astaldi and Germany’s Max Boegl will finish in the second...

Andreea Neferu · 06.09.2011 · 00:00 · 1 min
Automotive

Romania Awards EUR300M Road Upgrading Contracts

Romania’s Development Ministry awarded a 781.4 million lei (EUR184.2 million) contract to constructors Romstrade and Primacons to upgrade several local and county interest roads in the south...

Ioana Tudor · 05.09.2011 · 17:52 · 1 min
CFR Wants To Upgrade Rail Section In C Romania For EUR260M
Automotive

CFR Wants To Upgrade Rail Section In C Romania For EUR260M

Romanian state-run railway company CFR will organize an open auction on October 20 to award a contract to upgrade railway section Coslariu-Sighisoara for about 1.09 billion lei (EUR257.2 mil...

Ioana Tudor · 05.09.2011 · 15:43 · 1 min
Astaldi, Max Boegl To Construct Cernavoda-Medgidia Highway Section For EUR119M
Automotive

Astaldi, Max Boegl To Construct Cernavoda-Medgidia Highway Section For EUR119M

The Astaldi - Max Boegl consortium was awarded a contract to design and construct the Cernavoda-Medgidia highway section in southeastern Romania, national roads authority CNADNR said Monday.

Ioana Tudor · 05.09.2011 · 13:43 · 1 min
Automotive

Car Part Suppliers Accuse Insurers Of Violating Damage Claim Payment Norms

The Romanian Association of Car Part Suppliers (ADPAR) accuses insurers which sell mandatory civil liability car insurance policies of violating damage claim payment regulations, by illegall...

Ioana Tudor · 05.09.2011 · 13:35 · 1 min