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Energy

Subway Company Metrorex Wants To Buy Energy For RON14M

Romanian state-run subway company Metrorex will start negotiations to buy energy for the September 1-November 30 interval, and the contract to be awarded is estimated at about 14.01 million...

Ioana Tudor · 01.08.2011 · 13:50 · 1 min
HR

Former PwC Audit Manager Becomes CFO Of Edy Carrier

Anca Megan, 33, became one of the youngest chief financial officers (CFO) of a Romanian company as of July 1, after being recruited for this position by edy Group, a transport carrier with a...

Ioana David · 01.08.2011 · 00:00 · 1 min
Automotive

Turbomecanica 1H Loss Narows To RON6.7M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its loss narrowed 30% to 6.7 million lei (EUR1.6 million) in the first half, from RON9.6 million in the year-earlie...

Florentina Dragu · 29.07.2011 · 20:54 · 1 min
Automotive

CNADNR Received 18 Offers For Brasov Ring Road Construction

Romania's public road authority CNADNR received 18 offers, from consortiums and companies, for the construction of the Brasov ring road, a project divided into two parts, worth an estimated...

Radu Bostan · 29.07.2011 · 18:25 · 1 min
Car Part Manufacturer Hella Hires 300 In Six Months In Western Romania
Automotive

Car Part Manufacturer Hella Hires 300 In Six Months In Western Romania

The Romanian subsidiary of German car parts manufacturer Hella hired over 300 people in the first half of the year, reaching around 1,100 employees in its three plants in Timisoara, Lugoj an...

Laurentiu Cotu · 28.07.2011 · 22:00 · 1 min
Automotive

Bechtel Lowers Price For Transylvania Highway, After "Tough" Negotiations - ProTV

The price of the Brasov-Bors highway section has been reduced from EUR20 million per km to less than half, following negotiations between Romanian authorities and constructor Bechtel, which...

Radu Bostan · 28.07.2011 · 17:44 · 1 min
Romanian Bus Market Up 77% In 1H, To 421 Units
Automotive

Romanian Bus Market Up 77% In 1H, To 421 Units

Bus sales in Romania rose 77% in the first half of the year, to 421 units, the heftiest growing segment on the auto market, according to the Romanian carmakers and importers association APIA...

Oana Gavrila · 28.07.2011 · 14:25 · 1 min
Dacia’s Global Sales Down 2.9% To 177,000 Cars In First Half
Automotive

Dacia’s Global Sales Down 2.9% To 177,000 Cars In First Half

Worldwide sales of Romanian carmaker Dacia declined 2.9% in the first half of the year, to 176,852 cars and light commercial vehicles, partly reflecting the end of the scrapping bonus scheme...

Oana Gavrila · 28.07.2011 · 11:51 · 1 min
Automotive

CNADNR Awaits Offers For Brasov Ring Road Work Supervision

Romanian public road authority CNADNR is asking for offers by September for the supervision of the Brasov ring road's construction, in a contract worth an estimated 6.61 million lei (EUR1.56...

Radu Bostan · 27.07.2011 · 16:47 · 1 min