Automotive
Development Ministry Launches Auction To Restore Over 500 Km Of Roads
The Romanian Development and Tourism Ministry has launched an auction to award contracts estimated at 557 million lei (about EUR137 million), VAT excluded, to restore 533 kilometers of count...
Romania To Upgrade 16 Train Stations For EUR280M
Romania will modernize 16 train stations within a program worth a total EUR283 million, the Government decided Wednesday.
CNADNR Announces Offers For Highway Work Supervision Contracts
Romanian public road authority CNADNR on Wednesday published the offers it received for the supervision of the construction of highway segments on Pan-European Corridor IV, in four contracts...
Dacia Starts Production Of 140-hp Duster Version For Export
Romanian carmaker Automobile Dacia has started the production of a new Duster model exclusively for export, Renault Romania director of communications Anca Oreviceanu said Wednesday.
Car Registrations Rise 32% On Month To 4,999 In April
Romanian new car registrations rose 31.8% on the month to 4,999 units in April, but were down nearly 44% from the year-earlier month, Interior Ministry data showed Wednesday.
Romania To Pay RON737M Of Arrears Amassed By Roads Authority CNADNR Before July
The Romanian Transport Ministry will pay by the end of June 737 million lei (about EUR181 million) of arrears amassed by national roads authority CNADNR due to investment projects, according...
Romania Plans To Sell At Most 20% In Airline Tarom
Romania’s Government plans to sell 20% in national airline Tarom either on the stock exchange or to a strategic investor by the end of 2011, according to the draft letter of intent agreed wi...
Romania Pledges To Float 20% In CFR Marfa By Yearend
Romania's Government will offer a 20% stake of state-owned railway company CFR Marfa by initial public offering, "with a view toward full privatization when market conditions permit," accord...
Vae Apcarom Net Profit Rises To RON0.97M In First Quarter
Romanian rolling stock maker Vae Apcarom Buzau (APC.RO) posted a net profit of 969,000 lei (EUR236000) in the first quarter, from RON216,000 in the same interval last year, according to fina...