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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Germany’s Optibelt Hits EUR39.4M Turnover in 1H/2022, Up 31% from 1H/2021 09.23.2022
Car parts producer Optibelt Power Transmission of Tautii-Magheraus, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, ended the... more
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Preh Romania Leases 4,500 Sqm Of Office Space In Palas Iasi Mixed-Use Project 09.21.2022
Car parts producer Preh Romania, a division of the global supplier to the automotive industry, has leased 4,500 square meters of office space... more
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Car Parts Maker Coindu Romania Seeks to Hire 75 People at Arad Plant 09.21.2022
Car parts manufacturer Coindu Romania, part of Portuguese group Coindu, currently has 75 jobs available for unskilled workers in the textile... more
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Peugeot Dealer Eurial Invest Appoints Lucian Visan CEO 09.19.2022
Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has appointed Lucian Visan as the new chief executive officer of the... more
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Plan for 1 Million Dacia Cars Manufactured Per Year Still Stands at Renault 09.19.2022
The plan to manufacture 1 million Dacia cars per annum has not been abandoned by Renault, meaning that in the coming period the Mioveni plant will... more
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Automobile Bavaria to Revamp Rolls-Royce Center 09.16.2022
Automobile Bavaria, the importer of the German BMW group, which owns the customer center and the first Rolls-Royce authorized service center in... more
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Nokian Tyres Considers Investment in Plant in Romania 09.14.2022
Finnish-held Nokian Tyres, one of the largest tire makers in the world, whose products only go to the aftermarket and not to carmakers’ plants,... more
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Romania’s Car Production Up 15.5% YoY To 330,400 Vehicles In January-August 2022 09.13.2022
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured some 330,400 vehicles in January-August 2022, 15.5% more than in the... more
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Helbako Electronica 2021 Turnover Up 33.5% YOY 09.12.2022
Helbako Electronica, the Romanian subsidiary of Germany’s Helbako GmbH, for 2021 reported turnover worth RON128.4 million (EUR26.1 million), up... more
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Dacia, Ford Head Toward Record High Production 09.12.2022
Dacia and Ford in the first eight months 2022 churned out almost 330,400 cars, up 15.5% from the year-earlier period, with the growth pace speeding... more
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Leoni Seeks to Hire over 400 People for Beius Plant 09.08.2022
Bistrita-based automotive industry wiring producer Leoni Wiring Systems Ro, part of Germany’s group Leoni, currently has 424 jobs available at... more
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BlackCab Expands Into Iasi; Eyes Markets In Brasov, Sibiu, Craiova By End-2022 09.07.2022
Transportation company BlackCab has expanded into the Romanian north-eastern city of Iasi since Monday (Sept 5) and plans to tap into the markets... more
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Auto Parts Maker Aptiv Seeks to Hire 200 People at Ineu Plant 09.06.2022
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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EY: China, Norway And Sweden Lead The Pack On Electric Vehicle Readiness 09.06.2022
China has retained the top position when it comes to progress toward an electric vehicle (EV) future, according to the latest EY Electric Vehicle... more
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ACAROM: Romania New Car Registrations Plunge 22.26% YoY In August 2022 09.02.2022
New car registrations in Romania decreased by 22.26% to a total 12,538 units in August 2022 versus August 2021, data from the association of... more
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Sales of Green Cars Down in Europe, up over 100% in Romania in Q2 08.23.2022
Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the... more
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MMM Autoparts 2021 Turnover Rises 17.5% To RON175M YOY 08.23.2022
MMM Autoparts, a producer of tubes for the automotive industry, the local subsidiary of Spain’s MMM group, for 2021 reported turnover worth... more
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Autonet Import Net Profit Doubles YoY To RON79.4M In 2021 08.18.2022
Car parts supplier Autonet Import, held by businessmen Zoltan Kondor and Mihaly Lieb and by Switzerland’s Swiss Automotive Group (SAG), had a net... more
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Five Dacia Models Among Top Ten Sellers in Jan-July 2022 08.18.2022
Dacia has all the models in its range among the top selling cars in Romania for the first time, after the new Jogger also entered the top ten, in... more
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TRW Automotive Safety Systems’ Net Profit Doubles YoY To Over RON55M In 2021 08.16.2022
Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, on Tuesday reported a net profit of RON55.3 million (EUR11.3... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?