New Car Registrations in Romania Grow 23% on Year in 2018
01.14.2019
New car registrations in Romania reached 130,919 units in 2018, up 23% compared with 2017, while registrations of second hand cars dropped 8.99% on the year, data from the association of automotive manufacturers in Romania (ACAROM) showed Monday.
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Ford To Produce New SUV At Its Romanian Plant 01.18.2019
Ford will produce a new small SUV at its Romanian plant in Craiova, which could be called Puma, according to Automotive News Europe. more
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Dacia Reports Best Sales in a Decade in 2018 01.18.2019
Romanian carmaker Dacia, owned by France's Renault, had its best sales in a decade in 2018 in Romania, with over 54,000 vehicles sold and a market... more
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Christophe Dridi, Dacia: We’re in Talks with Suppliers to Boost Local Integration 01.17.2019
Christophe Dridi, managing director of Groupe Renault Romania and Automobile Dacia, says he wants to boost the local integration of the cars... more
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Dacia Recalls More Than 13.000 Vehicles In Romania Due To Airbag Fault 01.15.2019
Renault-owned Romanian car manufacturer Dacia recalled into service more than 13,000 of the vehicles it sold in the country, in order to repair an... more
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Priorities of New Dacia CEO: First Capacity Boost in Ten Years, EUR100M Investments 01.08.2019
At least EUR100 million investments, the first production capacity boost in a decade, plans for 300 new employees and the launch of a new engine... more
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Dacia Produced Over EUR5B Worth Of Vehicles At Its Plant In Mioveni In 2018 01.07.2019
Romanian Automobile Dacia, owned by France's Renault, produced 335,262 vehicles at its plant in Mioveni in 2018, 7.7% more on the year. more
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Renault Starts Production of New Engine at Dacia Plant in Romania 01.04.2019
The Renault Group, which owns the Dacia plant in Mioveni, southern Romania, has started production of a new 1.0-liter gas engine codenamed IG-T100... more
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Policolor CEO: Automotive Paint Market Set to Grow 01.03.2019
Paint and coatings manufacturer Policolor, a top ten actor on this market, expects growth of automotive paint segment, as car sales are on the rise. more
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Continental Prepares Over EUR180M Investments in Romania in 2019 12.27.2018
The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and... more
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Car Sales In Romania Up 20.4% On Year In Jan-Nov 2018 12.24.2018
November 2018 was the best November in the past decade for the Romanian auto market, with 18,240 vehicles sold, 23.3% more than in November 2017,... more
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New Commercial Vehicle Registrations In Romania Grow 3.8% In Jan-Nov 2018 12.21.2018
New commercial vehicle registrations in Romania grew 3.8% on the year in January-November 2018, to 23,901 units, data from the European Automobile... more
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Carrier Dumagas To Invest EUR4M-EUR5M In Fleet Expansion In 2019 12.18.2018
Dumagas, one of the largest freight carriers in Romania, will end the year with 15% higher revenue as a result of a higher volume of freight carried. more
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New Car Registrations In Romania Up 24% To 121,634 Units In Jan-Nov 2018 12.14.2018
New car registrations in Romania grew 24% to 121,634 units year-on-year in the first eleven months of 2018, placing 17th in the European Union,... more
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New Car Registrations Grow 23.97% in Jan-Nov 12.11.2018
New car registrations in Romania grew 23.97% on the year in January-November, to 121,634 units, data from the car manufacturers' association and... more
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Automotive Component Plants Show First Signs of Weakness: Layoffs and Fewer People Hired 12.11.2018
The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on... more
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Eurostat: Number Of Air Passengers Carried In 2017 Grew 18% In Romania 12.07.2018
The number of air passengers carried in 2017 grew by 18% in Romania, placing the country third in Europe, according to data provided by Eurostat,... more
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Supermarkets and Apartments Replace Car Showrooms in Prime Locations in Bucharest 12.06.2018
Car showrooms used to be located in areas rather far from the city center or in the outskirts 15 to 20 years ago, but the expansion of Bucharest... more
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New Subway Station Planned In Southern Bucharest 12.05.2018
The Bucharest Sector 4 Town Hall and subway company Metrorex signed a protocol agreement on Tuesday regarding the construction of a new aboveground... more
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Dacia Output Grows 7.7% To 280,973 Vehicles In First 10 Months Of 2018 12.04.2018
Romanian Automobile Dacia, owned by France's Renault, made 280,973 vehicles at the plant in Mioveni in January-October 2018, 7.7% more than 260,698... more
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Antitrust Body Fines Insurers Association, Nine Insurance Companies EUR53M 12.04.2018
Romania's antitrust body has fined nine insurance companies and the local association of insurance companies UNSAR a total of RON246.7 million... more
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the
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The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research
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This year will see a record 450,000 square meters of office space delivered, which is a first for Romania.
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More than 25 residential complexes with at least 200 apartments each are scheduled for delivery in Bucharest in 2019 and 2020, Coldwell
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Romania accounts for 27.8% of the corn production in the European Union, almost one third of the total, after having recorded its
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
