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Automotive

Bechtel Owes Millions Of Euros To Romanian Subcontractors For 2010 Highway Works

Over 50 local companies that subcontracted works for U.S. Bechtel, which is building Romania’s Transylvania Highway, have called on Cluj prefect Florin Stamatian for help to recover debts of...

Gavrila Oana · 20.06.2011 · 10:58 · 2 min
New Car Pollution Tax Up In The Air
Automotive

New Car Pollution Tax Up In The Air

The new bill on Romania's car pollution tax no longer mentions July 1, 2011 as the date for the new tax's implementation and, with the upcoming parliamentary summer recess, cannot be adopted...

Radu Bostan · 18.06.2011 · 14:36 · 2 min
Automotive

CFR Allows Three Debtor Operators Back On Track

Romanian railway administrator CFR SA has granted access to the railway infrastructure to three of the four private rail transporters that had been barred over combined debts of 36.6 million...

Radu Bostan · 17.06.2011 · 13:57 · 1 min
Automotive

Romania Lowers Car Pollution Tax 30% As Of July 1

Romania will amend its car pollution tax through a draft law that is set to take effect on July 1, 2011, whereby the tax will be lowered 30% for every type of engine except Euro 5.

Gavrila Oana · 17.06.2011 · 12:35 · 1 min
Renault Launches Duster In Brazil, Argentina This Year
Automotive

Renault Launches Duster In Brazil, Argentina This Year

France’s Renault will launch the Duster model, under its own brand, in Brazil and Argentina in the last quarter of the year and in Colombia in 2012, the carmaker said in a press release Frid...

Gavrila Oana · 17.06.2011 · 12:09 · 1 min
Dacia Registrations In EU Down 3.1% In Jan-May, To 105,000 Cars
Automotive

Dacia Registrations In EU Down 3.1% In Jan-May, To 105,000 Cars

New car registration of Romanian carmaker Dacia in the European Union declined 3.1% on the year in January-May, to 105,073 cars, as the overall car market declined 0.8%, according to data re...

Gavrila Oana · 17.06.2011 · 11:13 · 1 min
Social/Politics

Seven EU States Sign Memorandum To Set Up Rail Freight Corridor 7

Romanian Transport Minister Anca Boagiu and six other EU transport ministers signed in Luxemburg Thursday a memorandum to set up the rail freight Corridor 7, which in Romania might share the...

Tudor Ioana Raluca · 16.06.2011 · 17:13 · 1 min
CFR Calatori, Metrorex Allowed To Hike Prices By More Than Inflation - Sources
Social/Politics

CFR Calatori, Metrorex Allowed To Hike Prices By More Than Inflation - Sources

Romania's Government has changed the way train and subway ticket prices are computed, to allow the transport operators to raise prices by more than the rate of inflation, as per the country'...

Radu Bostan · 16.06.2011 · 16:27 · 1 min
Automotive

Government Wants To Draft Law On Car Pollution Tax

The Romanian Government plans to include the new changes to the car pollution tax in a bill to be sent to Parliament for debates, people close to the matter told MEDIAFAX Thursday.

Tudor Ioana Raluca · 16.06.2011 · 16:22 · 1 min