Wipro To Hire 500 Engineers To Develop In-Car Multimedia Systems
09.15.2017
Wipro Limited, one of the top IT, consultancy and outsourcing service providers in the world, plans to recruit 500 engineers in Bucharest to expand its Romanian team to 1,700, as it transfers projects started in the US and India to its local division.
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ACAROM: New Car Registrations In Romania Up 33% To 75,278 Units In January-July 2018 08.09.2018
The number of new car registrations in Romania rose 33% on the year in the first seven months of 2018, to 75,278 units, according to data from the... more
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Euroins Raises Share Capital By RON2.2M, to RON532M 08.08.2018
Insurer Euroins, owned by Bulgarian group Eurohold, has raised its share capital by RON2.2 million, to a total RON532 million, the Romanian... more
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Turkey's Doğu Pres Invests EUR10M in Greenfield Project in Iasi, NE Romania 08.07.2018
Turkish automotive industry supplier Doğu Pres will invest EUR10 million in a greenfield production unit in Iasi, northeastern Romania. more
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Romania’s Commercial Vehicle Market Up 7% To 12,572 Units In 1H/2018 07.25.2018
Romania’s commercial vehicle market grew 7% in the first half of 2018, to 12,572 units, with light commercial vehicles holding the biggest share,... more
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Ford Romania: Retail Sales Doubled in 1H/2018 07.23.2018
Ford Romania's retail sales doubled in the first half of 2018 and Ford was the import brand with the highest sales of passenger cars and utility... more
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DB Schenker Relocates Timisoara Offices 07.17.2018
DB Schenker, the logistics division of German giant Deutsche Bahn, has relocate dits office sin Timisoara, western Romania, to the AGN Business... more
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Dacia Registrations In Europe Up 16% YoY, To 287,464 Units, In 1H/2018 07.17.2018
New registrations of Dacia cars in Europe rose 16% in the first half of 2018, compared with same period a year before, to a total 287,464 units,... more
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CTP Seeks to Expand CTPark Bucharest West to 1 Million Sqm 07.13.2018
CTP, the largest developer of logistical and industrial spaces in Romania, plans to expand CTPark Bucharest West up to 1 million square meters,... more
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EcoSport SUV, Third Best-Selling Ford Model In Romania 07.13.2018
Registrations of the EcoSport SUV, produced by U.S. carmaker Ford at its Romanian assembly plant in Craiova (southern Romania), reached a volume of... more
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ACAROM: New Car Registrations In Romania Up 33.46%, To Over 60,000 Units, In 1H/2018 07.12.2018
The number of new car registrations in Romania rose 33.46% on the year in the first half of 2018, to 60,068 units, according to data from the... more
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Dacia Output Grows 3.2% in H1, to 175,992 Vehicles 07.05.2018
Romanian Automobile Dacia, owned by France's Renault, made 175,992 vehicles at the plant in Mioveni in the first half of the year, up 3.2% on year,... more
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Autonom's Takeover of BT's Operating Leasing Unit Gets Antitrust Clearance 07.04.2018
Romania's Competition Council said Wednesday it has cleared the transaction whereby rent-a-car company Autonom acquires 100% of BT Operational... more
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Groupe Renault Romania Gets New CFO 07.04.2018
The Renault group, the owner of Automobile Dacia, the largest company in Romania, has a new chief financial officer in this country as of July 1. more
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VeloCity Plant Unable To Boost Bicycle Production Due To Labor Shortage 07.03.2018
The VeloCity Resita plant (Caras-Severin County in central Romania), which works only for French-held sporting goods giant Decathlon, makes 400,000... more
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Metrorex Approves Pre-Feasibility Study for 11 Km of Fourth Mainline 06.28.2018
Subway operator Metrorex said Thursday it has approved a pre-feasibility study for an 11-km section of a fourth mainline that would link the... more
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Gefco Romania To Relocate to Campus 6 Office Development in Western Bucharest 06.26.2018
Gefco Romania, the local division of Gefco Group, a global player in industrial logistics and European leader in vehicle logistics, will relocate... more
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New Commercial Vehicle Registrations in Romania Up 4% in Jan-May 06.26.2018
Registrations of new commercial vehicles in Romania grew 4% on the year in January-May, to 10,575 units, data from the European Automobile... more
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Government Relaunches Fuel Excise Refund Scheme for Transporters 06.21.2018
Romania's government approved a memorandum Thursday for a state aid scheme to refund a portion of fuel excise duties to road transporters of... more
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Survey: Romania Road Freight Transport On The Rise, But Infrastructure Remains A Serious Setback 06.20.2018
Nearly a quarter of Romania’s overall services export in 2017, which totals EUR20 billion, was carried out by road freight transport, according... more
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GEFCO, Talan To Set Up Joint Venture Specialized In Services Engineering For Automotive Market 06.15.2018
GEFCO Group, a global player in industrial logistics and European leader in vehicle logistics, and France’s Talan will establish a joint venture... 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.
