Tesla Readies Opening Of Center In Capital Bucharest
12.15.2020
U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ five people, namely, a store manager, two service technicians, a service manager and a sales advisor.
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ACAROM: Romania New Car Registrations Drop 21.94% YoY In February 2021 03.01.2021
New car registrations in Romania decreased by 21.94% on the year, to 6,897 units, in February 2021, data from the association of automotive... more
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Chip Shortage Wipes Out EUR260M of Local Automotive Industry Revenue 03.01.2021
Dacia will stop working for two days in March, in addition to the three in February, the company said. The plant will therefore make 6,500 cars... more
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Dacia and Ford Assembled 10% Fewer Cars in January 02.23.2021
Dacia and Ford plants recorded a 10% decline in January on the year-ago month, as the European market remains affected by the pandemic and major... more
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Romania's Car Production Drops 10% in January 02.22.2021
Romania manufactured 38,431 passenger cars in January, 10.7% fewer compared with January 2020, data from the country's carmakers association ACAROM... more
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Josephine Payne Takes Over as Ford Romania President on April 1 02.18.2021
Josephine Payne will take over as president of Ford Romania and general manager of the Ford Craiova plant starting April 1 and will be the first... more
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JLL Romania Expands Industrial Team, Puts Ciprian Sirbu in Charge of Supply Chain Services 02.18.2021
Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services... more
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Ford Could Produce Electric Vehicles At Its Romanian Plant Starting 2026 02.18.2021
Ford’s Romanian assembly plant in Craiova could produce electric vehicles in the coming years, in the context of Ford of Europe’s new strategy... more
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GLS Romania Turnover Grows 20% YoY In 2020 02.17.2021
Courier services company GLS Romania reported a 20% annual increase in turnover in 2020, due to the e-commerce being on an upward trend in 2020. more
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ACAROM: Romania New Car Registrations Plunge 51.9% YoY In January 2021 02.17.2021
Romania ranks 14th in the European Union regarding new car registrations in January 2021, with 6,004 units, 51.9% fewer than in January 2020, data... more
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Alfredo Seafood Owners Enter Logistics Market 02.15.2021
Alfredo Seafood owners, the local Darmanescu family, have entered the controlled temperature logistics market with Frigonet Logistics in 2020, with... more
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Fan Courier Turnover Grows 27% in 2020, Tops RON1B Mark 02.15.2021
FAN Courier, the leading courier services company in Romania, said Monday its turnover grew 27% in 2020, topping the RON1 billion mark, as the... more
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Preh Romania Expects 13% Rise in Revenue to EUR257M in 2021 02.15.2021
Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, has budgeted EUR257 million revenue for 2021, an... more
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Globalworth Creates New Industrial Hub Around Dacia’s Oarja Warehouse 02.05.2021
Globalworth, the owner of Dacia’s biggest warehouse in the world, plans to expand the industrial site that contains it. Automobile Dacia, the... more
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Tesla Opens Its First Office In Capital Bucharest 02.04.2021
U.S. automaker Tesla on Thursday (Feb 4, 2021) opened its first office in capital city Bucharest, within a business center on Calea Serban Voda... more
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Passenger Vehicle Registrations In Romania Drop 2.5% YoY In 4Q/2020 02.04.2021
Registrations of road vehicles for passenger transport in Romania dropped 2.5% and registrations of freight transport vehicles grew 11.1% on the... more
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Transporter IAH Acquires Vio Transgrup 02.02.2021
Cargo transporter International Alexander Holding (IAH), founded in 2003 by Simion Apreutese and based in Arad, received antitrust clearance... more
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Automobile Dacia Extends Lease In Pitesti Industrial Park By Ten Years 02.02.2021
Romania’s largest automaker, Automobile Dacia, has extended its lease of the 69,000 square meters warehouse in Pitesti Industrial Park by ten... more
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New Vehicle Registrations in Romania Down 46.8% in January 02.01.2021
New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with... more
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Cecilia Tudor Appointed Managing Director for Renault Brand SEE 01.19.2021
Starting February 1, Cecilia Tudor becomes managing director for the Renault Brand for South Eastern Europe, following the organization of Groupe... more
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Romania Ranks 15th In The EU As New Car Registrations Drop Nearly 22% In 2020 01.19.2021
New car registrations in Romania fell by 21.8% in 2020, to a total 126,351 units, placing the country 15th in the European Union, data from the... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
