11.25.2015

Garanti Bank on Wednesday said it granted financing of EUR8.3 million to the company Jiul SA for the former Jiul hotel in Craiova, which was reopened Tuesday under the Ramada Plaza brand. more

03.12.2015

Ford Europe has relocated the production of 1.5-liter EcoBoost engines almost entirely from its plant in Craiova, Romania, to the Bridgend, Wales plant after the Welsh government approved a GBP15 more

11.25.2014

ETİ, one of the leading confectionery producers in Turkey, will invest EUR40 million in the construction of a factory near Craiova, southern Romania, its first factory abroad, the company’s more

11.19.2014

U.S. carmaker Ford will lay off 680 of some 3,200 employees at its plant in Craiova (southern Romania), meaning over 20% of its staff. more

10.22.2014

Ford assembled 43,300 cars in Craiova in the first nine months, 26% fewer than in the year-ago period, because the plant halted production on a number of days due to the decline in European demand. more

08.28.2014

U.S. carmaker Ford will halt its production lines in Craiova, Romania for nine days in September, citing the volatility of the European car market, which had an impact on its B-Max sales. more

07.23.2014

Low-cost airliner low cost Wizz Air opened its fifth Romanian base Wednesday, in Craiova, from where it will operate four new routes to Barcelona, Bologna, Dortmund and Rome, starting July 23. more

03.18.2014

U.S. carmaker Ford Tuesday announced it produced the engine number 250,000 at its Craiova-based plant, a 1.5-liter EcoBoost engine (180 hp), that will be exported to the US to equip a Ford Fusion more

02.24.2014

The EcoBoost 1.5-liter engine made in Craiova, Romania, will equip the new Ford Focus, the U.S. carmaking giant announced Monday. more

02.17.2014

U.S. carmaker Ford will be transferring part of its Ford Fiesta production from Cologne, Germany, to its Romanian plant in Craiova, in 2017, German newspaper Bild reported citing unnamed sources. more

01.08.2014

Ford Romania ended 2013, its first full year of car and engine production, with almost 70,000 B-Max vehicles assembled and 250,000 engines made, sources close to the plant in Craiova said. more

12.09.2013

Ford Motor Company officials say the plant in Craiova (southern Romania) is important for the group, because it makes two EcoBoost engines and the B-Max car model, even though the plant stopped more

08.21.2013

Romania’s largest online computer and electronics retailer eMag has opened a computer programming hub in Craiova (southern Romania), for which it has already recruited seven people. more

06.11.2013

Romania’s Competition Council said it has authorized the takeover of Termo Craiova which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal power plant more

12.12.2012

Romania’s privatization authority AVAS said Wednesday the privatization of carmaker Automobile Craiova has been completed and the state received extra 170 million lei (EUR37.5 million). more

09.17.2012

Ford Romania, the second-largest car maker on the local market, manufactured in August over 2,900 B-Max vehicles, almost six times more than in July, the first month of mass production for the compact more

07.16.2012

The Romanian Government said Monday it is looking for solutions to develop the road, railway and fluvial transport infrastructure at Craiova-based car manufacturing plant of U.S. carmaker Ford. more

05.30.2012

Romanian thermal power producer Craiova Wednesday said its sales rose 12% on the year to 1.22 billion lei (EUR287.8 million) in 2011, as a prolonged draught has boosted demand for electricity produced more

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 engine, the final step before launching the manufacturing more

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 made by the end of the year, while next year’s more

04.23.2012

Swedish retailer H&M will open a store in the Electroputere Parc Craiova shopping center next week, bringing its Romanian network to 13 units. more

03.22.2012

The first Ford made exclusively in Romania, family car B-Max, can be ordered starting Thursday from the national dealer network, more than four years after the US carmaker took over the Romanian-based more

03.21.2012

US automaker Ford, which in March 2008 took over the Craiova-based car manufacturing plant, has decided to hire 500, which would raise the number of employees to 4,000. This is the first step taken by more

02.21.2012

Romanian state-owned thermal power producer Craiova will receive guarantees worth a total EUR62.4 million from Eximbank, in the form of guarantee letters, for two loans needed for environment works, more

01.25.2012

Alstom Power Italy, a unit of French-based power company Alstom, has won a 227.5 million lei (EUR53.3 million) contract to build a gas desulfurization unit at Romania’s Craiova Power Plant. more