ACEA: Romania Sees Highest Increase In New Car Registrations In EU In Jan-April
05.16.2012
New car registrations in Romania climbed 24.5% to over 18,000 units on the year in the first four months of 2012, the strongest increase in the European Union, while the European auto market declined 7.5% in the mentioned period, according to the European carmakers association ACEA.
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Transport Minister: Work On Transylvania Highway To Move Ahead today, 13:51
Work on the Transylvania Highway will continue in Bihor county after the Transport Ministry will pay US constructor Bechtel 98 million lei (EUR22... more
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Dacia To Launch Models Dokker And Dokker Van In 2012 yesterday, 14:28
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the second half... more
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Porsche Finance Group Issued Funding Worth EUR33M In 1Q 2012
yesterday, 14:27
Porsche Finance Group on Thursday announced it had granted funding worth a total EUR33 million in the first three months of the year, up 27% on the... more
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Settlement Board Blocks Auction For Consultant On Comarnic-Brasov Highway yesterday, 10:34
Romania’s national settlement board has suspended an auction launched by the public road authority CNANDR for consultancy services to update a... more
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Number Of Used Cars Registered For The First Time In Romania Up 32% In Jan-April 05.15.2012
The number of second hand cars registered for the first time in Romania increased by 32% in the first four months of the year to 46,620 units, from... more
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Altur Slatina 1Q Net Profit Halves To RON293,000
05.15.2012
Romanian car parts maker Altur Slatina (ALT.RO) Tuesday said its net profit halved to 293,000 lei (EUR66,000) in the first quarter of 2012,... more
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Price Of Clunkers Vouchers Triples 05.15.2012
Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in previous years,... more
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Electroaparataj Switched To RON3.77M Loss In 2011
05.14.2012
Romanian electrical equipment producer Electroaparataj Bucuresti (ELJ.RO) Monday said it switched to a loss of 3.77 million lei (EUR850,000) last... more
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Ponta: Government Stopped Financing Infrastructure Development Program 05.13.2012
The Romanian Government decided to terminate the National Infrastructure Development Program (PNDI) and stop financing works carried out through... more
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UAMT Oradea 1Q Sales Up 22.8% To RON24.3M
05.11.2012
Romanian car parts maker UAMT Oradea (UAM.RO) Friday said its turnover climbed 22.8% in the first quarter to 24.33 million lei (EUR5.5 million)... more
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APIA: April Car Sales +14% On Month, -21% On Year 05.11.2012
Romanian new passenger car sales rose 14.4% on the month to 6,650 units in April, but were down 21.4% from the year-ago period, the Automotive... more
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LeasePlan Romania 2011 Turnover Up 21% On Year, To EUR31M 05.11.2012
Car leasing company LeasePlan Romania reported a turnover of EUR30.98 million in 2011, up 21% on the year, due to increasing interest for auto... more
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Romanian Shipyard Orsova Switched To RON1.6M Loss in 1Q 05.11.2012
Romanian shipyard Santierul Naval Orsova (SNO.RO) on Friday reported losses of 1.6 million lei (EUR362,318) in the first quarter of 2012, versus a... more
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Compa Sibiu 1Q Profit Up 17%, To RON10.3M
05.11.2012
Romanian car part maker Compa Sibiu (CMP.RO) posted a profit of 10.35 million lei (EUR2.3 million) in the first quarter of the year, up 17%... more
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First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down 05.11.2012
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first... more
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Ford Romania Boss: Craiova Is The Place To Be In Europe Now 05.11.2012
Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the EcoBoost... more
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Ford Starts Production Of EcoBoost Engine In Craiova 05.10.2012
Ford has started production of the new 1.0 liter EcoBoost gas engine at its Craiova plant in southern Romania. A total of 30,000 units should be... more
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Autotechnica Fleet Services To Take Over Hertz Romania 05.10.2012
Romanian operating leasing and fleet management company Autotechnica Fleet Services will take over, starting May 15, car rental franchise Hertz... more
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British Airways Grows Faster In Romania Compared To Rest Of CEE 05.09.2012
Emil Delibashev, commercial manager of British Airways for the Balkan area and Hungary, which operates non-stop flights on the Bucharest-London... more
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Metrorex Seeks To Buy Energy For RON62M
05.08.2012
Bucharest subway operator Metrorex will hold a tender at the end of May to buy electricity for one year, through a contract worth an estimated... more
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the
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Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn
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Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in
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The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one
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Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern
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Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared
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Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good
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Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in
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Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in
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Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the
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ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno Ribo, the new chief executive of the ArcelorMittal steel plant in Galati, Romania.
