Automotive
Romania To Spend EUR85M To Repair 183 Km Of Road
Romania's Transport Ministry will allot around 360 million lei (EUR84.7 million) for repairs on five road segments, with a total length of 183.5 km, in the counties Caras-Severin, Timis, Ial...
Subway Operator Metrorex To Launch Third Bid To Buy Energy
Bucharest subway company Metrorex rescheduled a public auction to buy electricity for the end of August, following two unsuccessful tenders organized earlier this year.
Bucharest City Hall Awards EUR33.8M Contract To Construct Underground Passage
The Bucharest City Hall awarded a 143.9 million lei (about EUR33.8 million) contract, VAT excluded, to consortium Romstrade - Metroul to design and construct an underground passageway at Cha...
Johnson Controls To Build New Car Seat Plant In Romania, Hire 200 People
U.S. car equipment producer Johnson Controls will hire about 200 people in the new car seat production unit it will build at carmaker Ford’s plant in Craiova, southern Romania, the company’s...
Dacia Set To Launch Logan2 And Popster In 2012
Automobile Dacia plans to launch production of two new cars and a new range of engines next year, in domestic carmaker’s strongest foray into the European market since it was re-launched in...
First Ten Kilometers Of Romania’s Newest Highway Asphalted After Four Years
Almost five months ahead of the deadline, the first section of 10 kilometers out of a total of 42.5 kilometers of the future A3 Bucharest-Ploiesti highway has been asphalted, with work on Ro...
Used Car Imports Plummet, New Cars Do Not Fare Any Better Either
Sales of imported used cars plunged by 60% in July, marking the sixth month of declines, according to a ZF analysis based on data provided by the Interior Ministry’s Driving License and Vehi...
CFR Raises Train Ticket Prices 18% As Of Sunday
Romania’s state-owned passenger railway company CFR Calatori raised train ticket prices by 18% starting Sunday, citing high costs for fuel, energy and maintenance.
Chinese Investors Vow To Bid For Romanian Projects
Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options.