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Automotive

AutoItalia exits Stein era. Sales tripling, the new shareholder's target

Eighteen years after setting up the business, Herbert Stein is selling AutoItalia, one of the top local vehicle importers, to Israel's Mediterranean Car Agency.

Andrei Cîrchelan · 05.05.2011 · 08:00 · 1 min
Energy

Cheapest filling stations in Bucharest. The gap between a fill-up in Ferentari and one on Calea Dorobanților: 10 lei

Prices at the almost 50 gas stations owned by market leader Petrom (SNP.RO) in Bucharest vary from one station to the next, with savings that can be made between a fill-up at the most expens...

Andrei Cîrchelan · 05.05.2011 · 08:00 · 1 min
Capital Market

Romvag Sales Dive To RON50M In 2010

Romanian rolling stock maker Romvag Caracal (ROMJ.RO) posted sales of 49.8 million lei (EUR11.8 million) in 2010, compared to RON276.1 million in 2009, according to financial results publish...

Andrei Cîrchelan · 04.05.2011 · 19:34 · 1 min
Automotive

Levi Group Brings Jeep To Romania Through AutoItalia

Israeli Levi Group, the new owner of Fiat importer to Romania AutoItalia, will become the local representative of carmaker Jeep and will launch the new Lancia locally, according to Ori Lahav...

Andrei Cîrchelan · 04.05.2011 · 18:42 · 1 min
Automotive

Senate Approves New Car Tax Formula

Romania's Senate on Wednesday approved a bill setting a new formula for the calculation of the car tax, which takes into account the vehicle's value according to brand, type and engine.

Radu Bostan · 04.05.2011 · 17:37 · 1 min
Automotive

Sandero is More Expensive in Romania Than in Spain and Italy

Sandero cars are more expensive in Romania than in countries with a four times higher GDP per capita and four times higher wages, such as Spain, Italy and Germany.

ZF English · 04.05.2011 · 14:18 · 1 min
Automotive

Registrations Of Renault, Dacia Cars In Germany Down 6% In April, To 12,900 Units

Registrations of Renault and Dacia cars in Germany fell 6% in April, to 12,900 units, while the overall German car market increased by 2.6%, to 266,300 cars, according to data released by Ge...

Ioana Tudor · 03.05.2011 · 20:50 · 1 min
Automotive

Romanian Ports In Constanta Closed Over Fog

Movement in the ports of Constanta, Romania was halted Monday afternoon because of fog, which caused low visibility, of less than half a nautical mile.

Radu Bostan · 02.05.2011 · 17:45 · 1 min
Automotive

Dacia Resumes Production At Mioveni Plant

Romanian carmaker Dacia on Monday resumed production at its car plant in Mioveni, southern Romania, Dacia representative Anca Oreviceanu told MEDIAFAX.

Ioana Tudor · 02.05.2011 · 14:25 · 1 min