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Automotive

Boagiu Vows 130 Km Of Highway Will Be Finished This Year

Romania’s Transport Minister Anca Boagiu said Friday about 130 kilometers of highway will be finished in 2011, to include highway sectors Timisoara-Arad, Medgidia-Constanta and Bucharest-Plo...

Ioana Tudor · 05.08.2011 · 13:49 · 1 min
Boagiu Says Energy Companies Overcharge CFR
Energy

Boagiu Says Energy Companies Overcharge CFR

Romanian Transport Minister Anca Boagiu Friday lashed out at power companies, accusing them of overcharging the state-run rail company CFR SA, whose total electricity bill has reached 1.98 b...

Florentina Dragu · 05.08.2011 · 13:47 · 1 min
Bechtel, Left With Just Two Sections Of Transylvania Highway After Cashing In EUR640M In 4 Years
Automotive

Bechtel, Left With Just Two Sections Of Transylvania Highway After Cashing In EUR640M In 4 Years

US Bechtel, which in 2003 signed a contract for the construction of Transylvania Highway, between Bors and Brasov, was the largest beneficiary of funds from the Romanian road administration...

Bogdan Alecu · 05.08.2011 · 00:00 · 1 min
Automotive

UCM Resita 1H Loss Narrows 45% On Year

Romanian engine manufacturer UCM Resita (UCM.RO) Thursday said its net loss narrowed 43.5% to 24 million lei (EUR5.7 million) in the first half, from RON43.5 million in the year-earlier peri...

Florentina Dragu · 04.08.2011 · 17:11 · 1 min
Boc: Romania Might Build Parts Of Transylvania Highway Through Public-Private Partnership
Automotive

Boc: Romania Might Build Parts Of Transylvania Highway Through Public-Private Partnership

Romania's Government is considering building some sections of the Transylvania Highway through public-private partnership, because the state does not have unlimited funds for infrastructure...

Radu Bostan · 04.08.2011 · 15:28 · 1 min
Automotive

Renault, Dacia Registrations In Germany Up 2.5% In Jan-July, To Over 93,000 Units

Registrations of Renault and Dacia cars in Germany increased by 2.5% in the first seven months of the year, to about 93,050 units, according to data released by Germany's motor vehicle depar...

Radu Bostan · 03.08.2011 · 19:22 · 1 min
Romania To Terminate Contract With Bechtel For 300 Km Of Transylvania Highway
Automotive

Romania To Terminate Contract With Bechtel For 300 Km Of Transylvania Highway

Romania will terminate its contract with constructor Bechtel for 300 km of the Transylvania Highway on which work has not yet started, sources in the Ministry of Transport told online newspa...

Radu Bostan · 03.08.2011 · 18:57 · 1 min
RATB Wants To Quench Its Fuel Thirst With EUR100M
Automotive

RATB Wants To Quench Its Fuel Thirst With EUR100M

Bucharest’s public transportation corporation (RATB) is trying to secure its necessary fuel volumes for the next four years through a contract worth over EUR100 million, a company announceme...

Roxana Petrescu · 03.08.2011 · 00:00 · 1 min
Automotive

Dacia Registrations In France Down 25% In Jan-July, To 52,311 Units

Registrations of new Dacia cars in France dropped 25.5% in the first seven months to 52,311 units, while the French car market stood still at 1.385 million units, according to data released...

Radu Bostan · 01.08.2011 · 16:14 · 1 min