Automotive
Bucharest Ranked 51st Of 62 Cities By Parking Rates In EMEA Region
Bucharest is 51st in a ranking of 62 cities in the Europe-Middle East-Africa region (EMEA) by parking rates, according to a survey by real estate services company Colliers International.
Romania Estimates To Pay Nearly EUR2B To Upgrade 165 Km Of Railway
Romania estimates it will pay about 8.22 billion lei (EUR1.95 billion), including VAT, to upgrade the 165-kilometer railway on the route Simeria-Coslariu-Sighisoara, in the country’s central...
Contracts With Oil Companies Lift Gruia Stoica’s Railway Operator Business
Grup Feroviar Roman (GFR), the largest private railway operator on the Romanian market, controlled by businessman Gruia Stoica, ended the first six months with sales of 253 million lei (EUR5...
Arad Authorities Award EUR10.5M Road Upgrading Contract
Local authorities in Arad county, western Romania, have awarded a 45 million lei (EUR10.5 million) contract, VAT excluded, to the Confort Timisoara - ICIM Arad consortium for the modernizati...
New Car Registrations +1.2% On Month In June, To 8,606 Units
Romanian new car registrations inched up 1.25% on the month to 8,606 units in June, but were down 16% from the year-earlier month, Interior Ministry data showed Monday.
Dacia Sales Down 2.9% In 1H, To 177,000 Cars - Renault
Sales of Dacia cars declined 2.9% in the first half of the year, to 176,956 units, from 182,153 units in the same period of 2010, France’s Renault, owner of the Romanian carmaker, said in a...
Continental To Hire 2,400 Engineers In Timisoara In New Technology Center
German-held Continental Automotive last week started a EUR20 million investment in Timisoara (western Romania) in a new engineering center and in test labs, on a total area of 30,000 square...
Porsche’s Head Of Retail Sees Renewed Demand For Bentley
Alin Tapalaga, general manager of Porsche Inter Auto (PIA), who is in charge of the sales of Bentley in Romania, says he has been receiving signals from the market that “there is renewed dem...
Feasibility Studies For Bucharest’s Baneasa Airport Reorganization To Cost Up To EUR450,000
The Bucharest National Airport Company (CNAB) seeks to draw up a feasibility study for a maximum EUR450,000 to reorganize the International Aurel Vlaicu Airport (Baneasa).