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Metrorex Selects Consulting Consortium For New Mainline Construction
Automotive

Metrorex Selects Consulting Consortium For New Mainline Construction

Romanian state-owned subway company Metrorex on Tuesday selected the consortium which will offer consulting services for the construction of a new subway mainline, the company said in a pres...

Ioana Tudor · 25.08.2011 · 14:28 · 1 min
Porsche Romania: Market Can No Longer Reach 115,000 Cars. We’ll Have To Settle For 100,000
Automotive

Porsche Romania: Market Can No Longer Reach 115,000 Cars. We’ll Have To Settle For 100,000

Brent Valmar, general manager of Porsche Romania, expects car sales to reach about 100,000 units this year, which means a 6% decline. The Association of Automobile Producers and Importers (A...

Bogdan Alecu · 25.08.2011 · 00:00 · 1 min
Automotive

Roads Authority CNADNR Appoints New Deputy CEO

Romanian roads authority CNADNR general manager Daniela Draghia on Tuesday dismissed deputy general manger Constantin Norocel Grigoroiu, responsible for projects financed from the state budg...

Ioana Tudor · 24.08.2011 · 19:02 · 1 min
Automotive

Iproeb Bistrita 1H Net Profit Doubles To RON3.1M

Romanian cable maker Iproeb Bistrita (IPRU.RO) Wednesday said its net profit more than doubled to 3.09 million (EUR0.7 million) in the first half, from RON1.43 million in the year-earlier pe...

Florentina Dragu · 24.08.2011 · 18:04 · 1 min
Automotive

Turbomecanica Puts Properties On Sale For RON50M Minimum

Romanian plane parts maker Turbomecanica Bucuresti (TBM.RO) on Wednesday said it plans to sell buildings and plots in Bucharest District 6, for a 50 million lei (EUR11.7 million) minimum, wi...

Andrei Cîrchelan · 24.08.2011 · 16:34 · 1 min
Passenger Car Sales Fall 15% On Year To 52,249 Units In January-July
Automotive

Passenger Car Sales Fall 15% On Year To 52,249 Units In January-July

Romanian new passenger car sales fell 15% on the year to 52,249 units in January to July, from 61,288 units in the year-earlier period, the Automotive Manufacturers and Importers Association...

Florentina Dragu · 24.08.2011 · 14:09 · 1 min
Skoda Showroom Put For Sale
Automotive

Skoda Showroom Put For Sale

One of the largest Skoda dealers on the Romanian market, Auto-Group in Constanta (SE Romania), has put up for sale a showroom of the brand for EUR1.4 million amid declining sales.

Bogdan Alecu · 24.08.2011 · 00:00 · 1 min
Automotive

Thomas Dubruel Takes Charge Of Renault Sales In Romania

Thomas Dubruel is set to take over as general manager of Renault Commercial Roumanie from Fabrice Cambolive on September 1, according to Group Renault Romania officials. Cambolive is to beco...

Bogdan Alecu · 23.08.2011 · 00:00 · 1 min
Who Makes The 10 Best-Selling Imported Cars In Romania
Automotive

Who Makes The 10 Best-Selling Imported Cars In Romania

Germany, the Czech Republic, Turkey and South Korea are the main countries the best-selling cars in Romania are imported from, according to a ZF analysis, which shows Romanians prefer German...

Bogdan Alecu · 22.08.2011 · 00:00 · 2 min