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Tarom’s Loss Widens 41.6% To RON332.5M In 2010
Automotive

Tarom’s Loss Widens 41.6% To RON332.5M In 2010

Romanian state-owned airline Tarom registered a loss of 332.48 million lei (EUR80 million) in 2010, 41.6% wider than in the previous year.

Tudor Ioana Raluca · 10.06.2011 · 14:38 · 1 min
Automotive

Romanians Registered 8,500 New Cars In May, Down 2.1% On The Year

Romanians registered some 8,500 new cars in May, down 2.1% on the year, according to data published Thursday by the local driving license and vehicle registration authority.

Andrei Cîrchelan · 09.06.2011 · 18:56 · 1 min
Automotive

CFR Calatori Wants To Upgrade 45 Engines For RON175.5M

Romanian state-owned passenger railway company CFR Calatori wants to upgrade 45 electric engines and buy train parts for multiple unit Desiro.

Tudor Ioana Raluca · 08.06.2011 · 16:14 · 1 min
Delphi Automotive To Hire 1,000 Employees This Year At SW Romania Plant
Automotive

Delphi Automotive To Hire 1,000 Employees This Year At SW Romania Plant

U.S. car parts producer Delphi Automotive has opened a new assembly plant in Moldova Noua, southwest Romania, which will produce wire harnesses for European carmakers, with a staff of up to...

Radu Bostan · 08.06.2011 · 13:22 · 1 min
CNADNR Asks Bechtel To Reduce Highway Construction Costs By 35%
Automotive

CNADNR Asks Bechtel To Reduce Highway Construction Costs By 35%

Romanian roads authority CNADNR asked U.S. company Bechtel, which constructs the Brasov-Bors highway, to reduce work costs by about 35% and revise the construction schedule, as the 2013 dead...

Tudor Ioana Raluca · 07.06.2011 · 16:21 · 1 min
All Romanian Highways To Be Subject To Toll
Automotive

All Romanian Highways To Be Subject To Toll

Romanian road authority CNADNR director Daniela Draghia on Tuesday said the country's entire highway network will be subject to a toll.

Radu Bostan · 07.06.2011 · 16:14 · 1 min
Romania Awards EUR427.5M Contracts For Orastie-Sibiu Highway
Automotive

Romania Awards EUR427.5M Contracts For Orastie-Sibiu Highway

Romania's Transport Ministry on Tuesday awarded three contracts, worth a total EUR427.5 million, for sections of the Orastie-Sibiu highway segment, whose auctions had been contested.

Radu Bostan · 07.06.2011 · 14:32 · 2 min
Valmar, Porsche: Romania Still Boasts The Highest Potential
Automotive

Valmar, Porsche: Romania Still Boasts The Highest Potential

Porsche Holding Romania, the domestic unit of Porsche Holding Salzburg, one of Europe’s largest dealer networks, lost the third position within the group in terms of turnover to Hungary, acc...

Bogdan Alecu · 07.06.2011 · 00:00 · 1 min
Volkswagen Replaces Ford As Best-Sold Foreign Car On Romanian Market
Automotive

Volkswagen Replaces Ford As Best-Sold Foreign Car On Romanian Market

Volkswagen has replaced Ford as the best-sold foreign car brand on the Romanian market, while Skoda climbed to 2nd place from 4th and Renault was steady on 3rd place, according to data on th...

Radu Bostan · 06.06.2011 · 18:54 · 1 min