Romania’s Car Production Drops Over 62% YoY In March-April 2020
05.11.2020
The two car assembly factories in Romania, Automobile Dacia and Ford, produced a total 32,033 vehicles in March-April 2020 period, which translates into a decline of 62.82% compared with March-April 2019, when car production reached 86,152 units.
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Ford To Officially Unveil New Puma ST On Sept 24 - The First Vehicle Of Over 200 HP Made In Romania 08.06.2020
Ford will officially present on September 24, 2020 the new Puma ST, a version of Ford Performance based on the Ford Puma SUV made at Ford’s... more
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Dacia Registrations Grow 15% In France In July, Drop 34% In Romania In Jan-July 2020 08.05.2020
Romanian carmaker Dacia, owned by France's Renault, reported a 15% increase in new registrations in France to almost 11,510 units in July 2020,... more
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Spark To Buy 400 Electric Cars from Renault for Romanian Fleet 08.03.2020
Lithuania-based Spark Technologies UAB, which entered the Romanian market last year with electric car-sharing services, will be adding new vehicles... more
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Romania New Car Registrations Down 34% in Jan-July
08.03.2020
New car registrations in Romania declined 34.23% on the year in January-July, to 62,566 units, from the association of automotive manufacturers in... more
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Michelin Romania Posts RON3.5B Turnover in 2019 07.27.2020
Michelin Romania, part of French tire manufacturer Michelin Group, reported a turnover of RON3.51 billion in 2019, up 14% on the year, finance... more
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Ford Romania Resumes Production in Three Shifts 07.22.2020
Ford Romania, the second largest carmaker in Romania, said Wednesday it has resumed its regular three-shift schedule at the assembly plant in... more
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Dacia Turnover Declines 2.1% in 2019, to EUR5.2B 07.22.2020
Romanian carmaker Automobile Dacia, the biggest company in Romania, posted a 2.1% decline in turnover on 2019, to EUR5.204 billion, finance... more
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E van Wijk Extends Lease in P3 Bucharest Park by Three Years 07.22.2020
E van Wijk, which provides integrated transport and logistics services, has extended its lease of the 10,400 sqm space in the P3 Bucharest A1... more
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Dacia Vehicle Sales Plunge Over 46%, Dacia Light Commercial Vehicle Sales Drop 39% In 1H/2020 07.20.2020
Romanian carmaker Automobile Dacia, owned by France's Renault, saw a 46.6% decline in vehicle sales, to 195,767 units from 366,861 units, and a... more
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Continental Completes EUR27M Expansion of Iasi R&D Center 07.20.2020
Continental Group, the biggest car parts manufacturer in Romania, said Monday it has completed the EUR27 million expansion of its research and... more
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European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania 07.16.2020
The European Commission said on Thursday it is providing EUR118 million for Romania to finance reconstruction works and feasibility studies for ten... more
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Romania Ranks 16th in EU by 1H New Car Registrations after 30% Decline 07.16.2020
Romania ranks 16th in the European Union by new car registrations, with 49,616 units registered in the first half of the year, down 30.7% compared... more
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Deloitte: Over Half Of European Consumers Plan To Put Off Purchase Of A New Car; Romania Sees More Cautious Consumer Behavior 07.15.2020
More than half of the European consumers (52%) plan to postpone buying a new vehicle and they will keep their current one longer than originally... more
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Electric, Hybrid Vehicle Registrations Grow 3% in 1H/2020 07.15.2020
Registrations of electric vehicles and hybrids in Romania continued to grow in the first six months of 2020, registering 3% growth, to nearly 2,900... more
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Alexandru Popescu Appointed Commercial Director Of ALD Automotive Romania 07.14.2020
ALD Automotive, the operating leasing and car fleet management division of Société Générale, on Tuesday announced the appointment of Alexandru... more
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Romania’s Car Production Drops Nearly 20% YoY In June 2020 07.13.2020
The two car assembly factories in Romania, Automobile Dacia and Ford, produced a total 35,121 vehicles in June 2020, 19.13% fewer than in June 2019... more
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Dacia Returns to Growth in France; Registrations Grow 9% in June 07.03.2020
Romanian carmaker Dacia, owned by France's Renault, registered growth in new registrations in France in June for the first time in 2020, after... more
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Ford Romania Will Not Extend Definite-Term Contracts For Some 200 Employees In Context Of COVID-19 Pandemic 07.01.2020
Ford Romania will not extend the employment contracts concluded for a definite period of time, as the European automotive market continues its... more
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Low Demand Keeps 60,000 Romanian Auto Industry Employees on Furlough 07.01.2020
Around 60,000 employees in the Romanian auto industry, accounting for roughly a quarter of the total, remain on furlough due to low demand and lack... more
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Window Maker Casa Noastra Buys 100 Ford Puma Vehicles Made At Ford’s Craiova Plant 06.29.2020
Ford Romania, via car dealer Plusauto Craiova, has started the delivery of 100 Ford Puma vehicles to Romanian window manufacturer Casa Noastra,... more
Fondul Proprietatea (FP.RO), which owns 20% in state-owned power producer Hidroelectrica, said Tuesday the government shouldn't approve
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The global economy is projected to decline by 4.9% in 2020, the International Monetary Fund said in its June 2020 latest World
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New commercial vehicle registrations in Romania declined by 42.5% in May 2020 compared with May 2019, and by 40.5% year-over-year in
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Around 60,000 employees in the Romanian auto industry, accounting for roughly a quarter of the total, remain on furlough due to low
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Romania ranks last but one in the European Union with just 11.1% of waste recycled in 2018 compared with a EU average of 47.2%,
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Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its
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Grocery retail chain Profi, held by buyout investor Mid Europa Partners, continues its expansion at a regular pace, despite the
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Blue Air, Romania's largest private airline, said Monday it was entering safeguard procedures to continue its activity and avoid
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A study conducted by agricultural cooperative Cooperativa Tara Mea in July 2020 shows Romania’s vegetable imports grew in 2019,
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Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.
