Automotive
Government Approves Creation Of Bucharest Metropolitan Transport Authority
Romania's Government on Tuesday approved the creation of the Bucharest Metropolitan Transport Authority, under the Transport Ministry, in charge of regulating and coordinating public passeng...
CNADNR Awards EUR33M Road Modernization Contract To Local Partnership
Romania's public road authority CNADNR will pay RON138.62 million (EUR32.8 million), net of VAT, to the Romanian association Spedition UMB-Consitrans-Iptana for the modernization of two segm...
Italian Pirelli To Invest EUR450M In Romania By 2014
Italian group Pirelli on Tuesday said it has invested more than EUR300 million in Romania and it plans to invest a total EUR450 million by 2014, in two tire and metal cord plants.
Romania Awards RON17M Contract For Road Consolidation In Brasov County
Romania's public road authority CNADNR has awarded two contracts, worth a total 17.1 million lei (EUR4 million), to companies Conforest and Consal, for the consolidation of a 24 km-stretch o...
Romania To Award RON47M Contract For Iasi Ring Road Completion
Romania's public road authority CNADNR wants to award a contract for the completion of a 14 km segment of the Iasi ring road, worth an estimated 47.14 million lei (EUR11.11 million), net of...
Otopeni, Baneasa Airports Report 8% Higher Passenger Traffic In 1H
The Bucharest National Airport Company (CNAB) registered a turnover increase of 34.1% in the first half of the year to 214.75 million lei (about EUR50.59 million) from RON160.09 million in t...
Metrorex Won’t Pay Penalties For Debts To French Co Alstom
Romanian state-run subway company Metrorex's 20.6 million (about EUR4.84 million) penalties for debts to French company Alstom between 2007 and 2010 will be written off, people close to the...
CSAT Suggests National Security Approach To CFR Marfa Privatization – Sources
Romania’s defense council CSAT advised the Transport Ministry to hold talks with the Competition Council on the national security consequences of the privatization of state-owned freight rai...
Transport Ministry To Select Advisor For Tarom IPO By End September
Romanian Transport Ministry will select by end September the legal advisor and broker for the sale of a 20% stake in state-run airline Tarom.