Automotive
DHL Romania Requests Blue Air's Insolvency
DHL International Romania has asked the Bucharest Court to start insolvency procedures against low-cost airline Blue Air to recover some debts, and the trial will start in October.
Dacia Production Shrinks Further, Only Duster Bucks Trend
Romanian carmaker Dacia could end the first half of the year with a production decline for the first time in the past ten years, after it manufactured almost 10,000 fewer cars in January to...
Local Authorities In W Romania Want To Upgrade Roads For EUR30M
Local authorities in Hunedoara county, western Romania, want to award a contract worth about 125.6 million lei (about EUR30 million), VAT excluded, to maintain and repair roads of county int...
CNADNR Awards Four Road Work Supervision Contracts; Two Contested
Romanian public road authority CNADNR has awarded four construction supervision contracts for the highway sections Nadlac-Arad, Timisoara-Lugoj, Lugoj-Deva and Orastie-Sibiu, worth a total 9...
Romanian Consortium, Two Foreign Companies To Modernize NW National Road For RON660M
Romania’s public roads authority CNADNR has awarded to a Romanian consortium and two foreign companies three construction contracts for the modernization of over 200 kilometers of a national...
Metrorex Wants To Extend Mainline For About RON375M
Romanian state-run subway company Metrorex plans to expand subway mainline 4 by opening two more stations, the costs of which are estimated at 375 million lei (about EUR88 million), VAT excl...
Japan’s Yazaki Invests EUR10M In Arad Car Parts Plant
Japanese producer of automotive wiring systems Yazaki Component Technology is investing over EUR10 million to increase production of its Arad plant. The company plans to boost the plant’s ca...
Transport Ministry Budget Increased By RON1.8M For Cluj Bypass Expropriations
The Romanian Transport Ministry's budget has been increased by the Government by 1.8 million lei (EUR423,000), to pay for land expropriation related to the Cluj Nord-Est bypass route.
Romania's Car Parts Market Seen Rising 5% In 2011
The Romanian car parts market is poised to grow by 4% to 5% on the year to around EUR1 billion, as large part of the vehicles bought during the boom years are no longer covered by the manufa...