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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Automotive Part Maker VCST Back into the Black in 2021 yesterday, 21:50
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, posted RON151.7 million revenue... more
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Bos Automotive Products Romania’s Turnover Up 12% YoY To Over RON410M In 2021 yesterday, 19:16
Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7... more
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Bicycle Maker Eurosport DHS Posts EUR79M Revenue in 2021 06.23.2022
Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16%... more
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New Dacia Cars To Bear New Logo Starting June 2022 06.15.2022
Almost a year and a half since Romanian carmaker Dacia unveiled the new logo alongside with the Bigster concept, French group Renault, the owner of... more
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Joysonquin 2021 Turnover Up 11% To RON571M 06.09.2022
Car parts manufacturer Joysonquin Automotive Systems Romania (the former Quin Romania), the local division of China’s Joyson, for 2021 reported... more
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Car Parts Wholesaler Unix Auto Ends 2021 with EUR65M Revenue 06.07.2022
Cluj-Napoca based car parts wholesaler Unix Auto, held by businessman Zombori Antal, posted RON322.6 million (EUR65.6 million) revenue in 2021,... more
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Inter Cars Revenue up 35% to RON1.3B in 2021 06.06.2022
Automotive parts and accessories wholesaler Inter Cars Romania, part of Poland’s Inter Cars Group, posted about RON1.3 billion (EUR264.2 million)... more
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Car Registrations In Romania Drop 9.9% YoY In Jan-May 2022 06.03.2022
Passenger car registrations in Romania declined by 9.9% in the first five months of 2022 to 182,920 units against the same period in 2021,... more
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Autoliv 2021 Turnover Up 14% to Over RON3.8B YOY 06.03.2022
Automotive safety systems maker Autoliv Romania, the local subsidiary of Sweden’s group Autoliv, for 2021 reported turnover worth RON3.889... more
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Ford Romania 2021 Turnover Slides 8% On Electronic Parts Scarcity 06.02.2022
Ford Romania turnover dropped by 8% in 2021 vs 2020, to EUR2.34 billion, in line with Finance Ministry data. more
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EY: Over Half Of Global Car Buyers Target Electric Vehicles 05.27.2022
The latest EY Mobility Consumer Index shows that 52% of respondents looking to buy a car plan to buy an electric vehicle (EV); it is the first time... more
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Deloitte: Half Of Romanians Plan To Buy Electric Cars To Reduce Fuel Cost And Protect The Environment 05.23.2022
Almost half of Romanians would like to buy a hybrid or electric vehicle (46%) in order to lower fuel costs and to protect the environment,... more
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Automobile Dacia Returns to Growth in 2021 05.20.2022
Automobile Dacia, Romania’s biggest exporter and the engine of its industry, returned into the black in 2021 and posted RON21.4 billion turnover,... more
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Faurecia Romania Revenue Flat at RON1B in 2021 05.20.2022
Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF... more
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KeysFin: Local Freight Carriers’ 2021 Turnover May Hit Record High Of RON75B 05.17.2022
The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost... more
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Car Parts Maker Aptiv Seeks to Hire 450 People at Ineu Plant 05.16.2022
Car parts producer Aptiv Technology Services & Solutions, the former Delphi Packard Romania, currently has 450 jobs available at its plant of Ineu,... more
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Compa Sibiu Net Profit Drops 81.4% YoY To RON1.4M In 1Q/2022 05.13.2022
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a... more
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Nexxon Targets 30% Higher Turnover In 2022 05.09.2022
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021... more
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INS: New Passenger Vehicle Registrations In Romania Drop 10% YoY In 1Q/2022 05.05.2022
New registrations of road vehicles for passenger transport decreased by 10% in Romania in the first quarter of 2022 compared to the first quarter... more
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Germany’s Schaeffler Puts Stefan Gulacsi-Gologan In Charge Of Romanian Division 05.04.2022
The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division... 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?