Automotive
Mazda: Growth Comes Now From After-sales Services
Jerome de Haan, Mazda's regional manager for Central and South-Eastern Europe, expects sales of the Japanese car brand to remain similar this year to the 2010 level, with the first-quarter d...
Constanta Becomes More Interesting For Airlines
After registering 78,000 passengers last year, Mihail Kogalniceanu airport, located close to the Romanian seaside, might record a traffic increase this year.
Government Promises To Hike Train Ticket Prices By More Than Inflation
Romania's Government has promised the International Monetary Fund that, by the end of August, it will amend legislation to allow state-owned transport companies CFR Calatori and Metrorex to...
Electroputere's First-Quarter Loss Widens To RON8M
Romanian electric engines maker Electroputere Craiova (EPT.RO) Friday posted a loss of 8 million lei (EUR1.95 million) in January to March, compared to RON2.8 million in the same interval of...
UAMT Oradea 1Q Net Profit Decuples To RON0.15M
Romanian car parts maker UAMT Oradea (UAM.RO) on Friday reported a net profit of 154,656 lei (EUR38,000) in the first quarter of the year, more than 10 times higher than RON13,440 in the sam...
Development Ministry Launches Auction To Restore Over 610 Km Of Roads For RON3.8B
The Romanian Development and Tourism Ministry has launched an open auction for the last seven road restoration projects included in the National Infrastructure Development Program, estimated...
Tulcea Authorities To Award EUR8.3M Road Maintenance Contract
The County Council of Tulcea, southeastern Romania, wants to contract road maintenance work for the period 2011-2014, through a frame-agreement worth an estimated 34 million lei (EUR8.3 mill...
OMV Petrom Outsources Logistics To Gebruder Weiss In EUR9.6M Deal
Austrian transport and logistics firm Gebruder Weiss concluded a EUR9.6 million contract (plus VAT) with Romanian oil company OMV Petrom (SNP.RO), to supply hub operation and transport servi...
Altur Slatina 1Q Net Profit Rises 23% On Year
Romanian car parts maker Altur Slatina (ALT.RO) Thursday said its net profit rose 23% on the year to around 628,000 lei (approximately EUR154,000) in the first quarter, on higher sales.