Automotive
Bulgaria Attracts Three Times More EU Infrastructure Funds Than Romania
Romania managed to attract 1% of the European funds available for the Transport Ministry by the end of last year, namely EUR 47 million, while in Bulgaria the absorption rate had reached 7%,...
Renault: Car Scrap Scheme Is Off To A Very Slow Start
Unlike last year, when the Romanian car scrap scheme prompted sales to double in its first month against the previous month, this year the scheme was off to a slower start, with every vouche...
CNADNR Receives Five Offers For RON803M Road Rehabilitation
Strabag (Austria), Shapir (Israel), Aktor and Mochlos (Greece) and the Romanian consortium Spedition UMB-Tehnostrade have bid on the project for the rehabilitation of a 200 km long segment o...
Rompetrol Cuts RON0.12/Liter Off Diesel Prices, Raises Gas Price By RON0.09/Liter
Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, Tuesday increased pump prices for gasoline by 0.9 lei (EUR0.22) per liter and decreased diesel pump prices by RON0.12...
Renault Romania Launches CC Floride Limited Edition
Renault Romania on Tuesday launched CC Floride, a limited edition model which costs EUR24,900, VAT included.
Rombat Posts 10% Higher Net Profit In First Quarter, At RON7.2M
Romanian car batteries maker Rombat Bistrita on Tuesday reported a net profit of 7.2 million lei (EUR1.7 million) in the first quarter of the year, up 10% on the same interval of 2010.
ACEA: Romanian New Car Registrations Fell 17% In Jan-Apr
The Romanian auto market decreased by 17% in the first four months of the year compared to the same interval in 2010, while the EU car market dropped 2.7%, according to data released Tuesday...
Shareholders Request Dissolution Of Ghimbav Airport Company
The company set up to build the International Brasov-Ghimbav Airport in central Romania will be put forward for voluntary dissolution by its shareholders, as negotiations with the main inves...
Dacia Duster Drives Romanian Economy Back To Growth
The growth of Romania's GDP in the first quarter of this year, eagerly awaited by the government, was driven by the increase in sales of the Dacia Duster SUV in the first three months of thi...