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Automotive

Transport Ministry Steps Up To Fire Highway Section Constructor

Romania’s Transport Ministry has sent a contract termination notice to the constructor of a highway section linking capital Bucharest to Ploiesti, in southern Romania, because the builder le...

Gavrila Oana · 18.04.2011 · 14:14 · 1 min
Automotive

Transport Ministry Plans To Award Construction Contracts Worth EUR3.3B By June

Romania’s Transport Ministry wants to award contracts worth about EUR3.3 billion by June this year for road and railway infrastructure work, state secretary Alexandru Nazare said Monday.

Ioana Tudor · 18.04.2011 · 12:44 · 1 min
Automotive

Grup Feroviar Roman Aims For 33% Market Share In 2011

Romanian freight railroad transporter Grup Feroviar Roman, or GFR, expects to increase its market share this year to 33%, from 27% at the end of 2010, given the already concluded contracts.

Andrei Cîrchelan · 18.04.2011 · 10:37 · 1 min
Automotive

Romanian Aerostar To Hike Shr Cap By RON8.2M, To RON37.4M

Shareholders of Romanian plane parts maker Aerostar Bacau (ARS.RO) Wednesday agreed on a capital increase by 8.2 million lei (EUR1=RON4.1152), to RON37.4 million, a dividend payment worth a...

Andrei Cîrchelan · 13.04.2011 · 12:25 · 1 min
Automotive

Romania 1Q New Car Registrations Up 10% On Year

Romanian new car registrations went up 10% on the year to 9,679 units in the first quarter, despite a 6% fall in March, Interior Ministry data showed Monday.

Bogdan Neagu · 11.04.2011 · 12:01 · 1 min
Automotive

Lukoil Romania Follows Fuel Price Moves With RON0.06/Liter Hike

Oil company Lukoil Romania on Friday raised its pump prices by 0.06 lei (EUR1=RON4.1146) per liter, after competitors OMV Petrom (SNP.RO) and Rompetrol announced price increases by RON0.09 p...

Andrei Cîrchelan · 08.04.2011 · 15:53 · 1 min
Automotive

Romanian Romcab Inks EUR27M Deal With Delphi Packard

Romanian cable maker Romcab Targu-Mures will supply US car parts maker Delphi Packard with electrical conductors in a contract worth EUR27 million.

Andrei Cîrchelan · 07.04.2011 · 14:15 · 1 min
Automotive

Romanian Carmaker Dacia Registrations In France Down 15.6% In 1Q

Car registrations of Romanian carmaker Dacia in France decreased 15.6% on the year in the first quarter, to 26,517 units, on a market that grew 8.9%, according to data from the French Carmak...

Gavrila Oana · 01.04.2011 · 15:23 · 1 min
Automotive

Romanian Drivers Required To Use Snow Tires In Winter - Draft

Romania's Ministry of Transport and Infrastructure has drafted a new ordinance requiring drivers to use snow tires during the winter, bringing in an estimated EUR445 million to the state bud...

Radu Bostan · 17.01.2011 · 13:29 · 1 min