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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Car Parts Maker Aptiv Seeks to Hire 200 People at Ineu Plant
01.20.2023
Auto parts manufacturer Aptiv Technology Services & Solutions, the former Delphi Packard Romania, currently has 200 jobs available at its plant of... more
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Dacia Readying At Least Four New Models After 2024
01.20.2023
Romanian automotive brand Dacia is readying at least four new models after 2024 and the first one of the new series will be Duster III. more
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ACAROM: Romanians Registered 129,328 New Passenger Cars In 2022, 6.7% More Vs 2021
01.18.2023
Romanians registered 129,328 new passenger cars in 2022, up 6.7% from 2021, placing Romania 13th in Europe, in line with data from the country’s... more
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ACAROM: Romania’s Car Production Hit Record High In 2022
01.16.2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured more than 509,000 vehicles in 2022, 21% more than in 2021 and... more
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Germany’s Optibelt Ends 2022 with over EUR74M Turnover, Up 25% YOY
01.16.2023
Car parts manufacturer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz... more
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APIA: New Car Registrations In Romania Up 6.8% In 2022 Vs 2021
01.13.2023
New car registrations grew by 6.8% in 2022 versus 2021 and registrations of “electrified” vehicles increased by 49%, seeing a 21.7% market... more
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Car Parts Maker Compa Seeks to Hire 90 People for Sibiu Plant
01.13.2023
Car parts Compa currently has 90 jobs available for its Sibiu plant. The company in 2021 reached an average number of 1,879 employees. more
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EY: Electric Vehicles Continue Charge Toward Sales Dominance
01.12.2023
Electric vehicle (EV) sales in the US, China and Europe will outpace all other engines three years sooner than previously expected, according to... more
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Leoni Wiring Systems Pitesti Seeks to Hire 250 People
01.09.2023
Automotive wiring maker Leoni Wiring Systems Pitesti, part of Germany’s Leoni, has 250 jobs available for unskilled workers and engineers, among... more
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Autovit: Romanians Buy 8% Fewer Cars In 2022 Vs 2021, But At Higher Prices
01.04.2023
Romanians bought 8% fewer vehicles in 2022 versus 2021, but at higher prices, considering that the volume of electric vehicles touched a record... more
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Altur Slatina Approves Opening Of General Insolvency Proceedings
01.03.2023
The Board of Directors of auto parts manufacturer Altur Slatina (ALT.RO) has informed the capital market that it approved the opening of general... more
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New Passenger Car Registrations in Romania Up 6.7% in 2022 from 2021
01.03.2023
New passenger car registrations reached 129,328 units in 2022, up 6.7% from 2021, namely 121,208 units, according to carmakers’ association... more
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Automobile Bavaria Buys BMW Dealer In Targu Mures From Aliat Group
12.22.2022
Targu Mures-based Aliat Group, an automotive business held by entrepreneur Alin Muresan, has sold the BMW dealer in the city to Automobile Bavaria. more
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Dacia Delivers 10,000 Electric Cars in Romania in Less Than 15 Months
12.20.2022
Automobile Dacia delivered 10,000 Spring electric cars in Romania between October 13, 2021 and December 20, 2022. more
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Lear Corporation Romania Seeks 90 People for Its Iasi Plant
12.20.2022
Automotive component manufacturer Lear Corporation Romania, the local subsidiary of US-held Lear Corporation, has 91 jobs available for its plant... more
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Automobile Dacia and Ford Churn Out 473,535 Passenger Cars in Jan-Nov 2022, Up 24.6% from Year-Earlier Period
12.16.2022
Automobile Dacia and Ford, Romania’s two carmakers, in the first 11 months of this year manufactured 473,535 passenger cars, up 24.6% from the... more
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Germany’s Optibelt Invests over EUR4M to Develop Maramures Car Parts Plant
12.16.2022
Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt,... more
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Romania Ranks 13th In The EU With 116.891 New Car Registrations In Jan-Nov 2022
12.15.2022
New car registrations in Romania grew by 7.4% on the year to 116.891 units in January-November 2022, placing the country 13th in the European Union... more
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Mercedes-Benz Set to Produce Electric Motors for EQ Range in Sebes Starting 2024
12.14.2022
Star Assembly and Star Transmission, the local units of Mercedes-Benz AG, will manufacture electric motors for the new EV range EQ. more
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HELLA To Open Engineering Design & Development Center In Palas Campus Office Project
12.13.2022
Automotive component manufacturer Hella Romania, the local unit of German-held company Hella, is set to open an engineering design and development... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.