Automotive
Transferoviar Grup Buys Railcars Worth RON9.8M From Remarul 16 Februarie
Romanian railway transporter Transferoviar Grup Cluj-Napoca will buy railcars from Remarul 16 Februarie (REFE.RO) for 9.8 million lei (EUR2.3 million), VAT excluded.
First Romanian Station For Electric Cars Opens In Bucharest
Romanians may be “convinced” to use less polluting cars or choose bicycles “only” through economic and political decisions, said Environment Minister Laszlo Borbely at the inauguration of th...
How a Romanian Woman Became Involved In Michelin's $1B Investment In India
Carmen Petcu, 47, was the first Michelin employee in Romania in 2001. Ten years later, she is leaving for Chennai, India, to be part of a team set to supervise a project worth over $1 billio...
Auto Market In May: Sales Pick Up Speed, But Remain Below 2010 Level
Car sales rose by 15% month-on-month in May, to almost 9,700 units, but the auto market is still weaker than in May 2010, posting the third consecutive month of decline after the positive si...
Romanian January-May Car Sales Down 13% On Year, To 38,000 Units
Romanian automobile sales in the first five months dropped 13.2% on the year, to 38,000 units, but climbed in May by 14.2% from the previous month, to 10,745 units, according to the Automobi...
Renault To Launch Duster In India Next Year
French carmaker Renault, owner of Romania’s Dacia, will launch a Duster model in India in the second half of 2012, adapted for this market and produced in Chennai, the carmaker said in a pre...
Cambolive: Four In Ten Dacia Cars To Be Sold To Corporate Clients This Year
Renault wants to spur Dacia sales in Romania this year by creating new limited editions to attract clients, as the local carmaker will not launch any new models in 2011.
Mercedes-Benz: Premium Car Sales Seen Up 10%-15% In Romania
Sales of premium automobiles on the Romanian market will grow by 10% to 15% this year compared to 2010, since the buyers are less affected by the lower purchasing power, said Valeriu Zaharia...
CNADNR Needs EUR100M To Finish Bucharest Ring Road
The contract to design and construct the last two sections of the Bucharest ring road will cost about 424.67 million lei (about EUR100 million), VAT excluded, the national roads authority CN...