Elba Timisoara, US Varroc Lighting Systems Sign JV Agreement To Manufacture Electronics
09.19.2018
Romanian lighting systems producer Elba Timisoara, which supplies headlights for Dacia-Renault and Skoda, has signed a joint venture agreement with US automotive headlight producer Varroc Lighting Systems, in view of manufacturing electronics in Romania.
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Ford Production Overshoots 100,000 Car Mark In Craiova, Starts Investments To Add Second Model today, 10:27
The production of the Ford plant in Craiova rose to almost 104,000 EcoSport SUVs in the first nine months of the year, twice and a half more than... more
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Romania Car Market Hits Ten-Year High In January-September 2018 yesterday, 13:20
Car sales in Romania grew 20.2% year-on-year in January-September 2018, to 134,831 units, a record high of the past decade, data from the... more
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Dacia Output Grows 4.6% To 242,605 Vehicles In Jan-Sept 2018 10.08.2018
Romanian Automobile Dacia, owned by France's Renault, made 242,605 vehicles at the plant in Mioveni in January-September 2018, up 4.6% from 231,858... more
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Delphi Technologies Opens IT Center in Bucharest 10.04.2018
Delphi Technologies, which manufactures engine propulsion solutions for the automotive industry, opened its first IT center Thursday, in Bucharest. more
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Schaeffler Builds Testing Center in Brasov 10.03.2018
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, will build a testing center in Brasov, central Romania, on an area of... more
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DB Schenker Relocates to New Terminal in CTPark Bucharest West 10.03.2018
DB Schenker, one of the largest operators of transport and logistical services, will relocate its activity by the end of the year to a new terminal... more
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Dacia Production To Go Up To Over 1 Million Cars A Year. Morocco Or Romania? 10.03.2018
Renault is considering increasing the capacity of Automobile Dacia’s Mioveni plant near Pitesti in southern Romania, as the sales of the Dacia... more
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Tierra Scavi, SA&PE Construct To Build Two Sections of Craiova-Pitesti Expressway 10.01.2018
Tierra Scavi and the consortium SA&PE Construct are the two builders for the first two sections of an expressway linking Craiova to Pitesti in... more
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Freight Carrier Oprean Revenue Up 16% To More Than RON74M In 2017 09.26.2018
Sebes, Alba County (central Romania) based freight carrier Oprean of entrepreneur Ioan Oprean posted 74.3 million lei (EUR16.3 million) revenue in... more
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Ford EcoSport And Dacia Duster SUVs Take Romania’s Car Production Towards 450,000 Units 09.24.2018
Romania’s car production is headed towards 450,000 units in 2018, as sales of Dacia Duster and Ford EcoSport SUVs have been rising because of the... more
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Car Sales Reach Ten-Year Peak In Romania In January-August 09.21.2018
The auto market saw 13,407 units delivered this August (the best August in a decade), 9.7% more than in the year-ago month, Romania’s automotive... more
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EBRD Ready to Support Infrastructure Development in Romania 09.20.2018
The European Bank for Reconstruction and Development (EBRD) stands ready to scale up its investment in Romania, the bank’s president, Suma... more
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IRUM Reghin Prepares To Unveil 100% Romanian Tractor 09.13.2018
Reghin-based IRUM plant, which has a 65-year tradition of farm equipment manufacturing, is getting ready to launch the first 100% Romanian farm... more
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New Car Registrations in Romania Grow 52% in Jan-Aug, to 103,824 Units 09.07.2018
New car registrations grew 51.9% on the year in January-August, to 103,824 units, data from the Automotive Manufacturers and Importers Association... more
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Antoine Doucerain Leaves Managing Director Position With Automobile Dacia After Only Six Months 09.06.2018
Antoine Doucerain is leaving Renault-owned Automobile Dacia only after six months at the helm and the interim managing director will be Jerome... more
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Dacia Output Grows 4% in Jan-Aug, to 211,962 Vehicles 09.05.2018
Romanian Automobile Dacia, owned by France's Renault, made 211,962 vehicles at the plant in Mioveni in January-August, up 4% on the year, the... more
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Renault Will Stop Selling Rebadged Dacias Outside Europe - Autonews 09.04.2018
France's Renault will stop selling Dacia derivatives in markets such as Russia and Brazil in a bid to go upmarket, Autonews reported. more
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Dacia CEO: Romanian Engineers Work On More Than Just Dacia Models 09.04.2018
Romanian engineers at Renault Technologie Roumanie are working on more and more models of the French carmaker, besides the Dacia range ones such as... more
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Only Two Top Ten Carriers Of 2008 Still Among Top Ten In 2017 09.03.2018
Carrion Expedition, VOS Logistics, Duvenbeck Logistik and XPO Transport are but some of the actors that climbed in the ranking of the largest... more
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Romanians Spent EUR90M On 450,000 Bicycles In 2017 08.31.2018
About 450,0000 bicycles at an average price of EUR are sold in Romania every year, which means local consumers spend EUR90 million on two-wheeled... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
