APIA: New Car Sales Up 12.6% In January-April 2017
05.23.2017
New car sales in Romania rose 12.6% on the year in January-April 2017, due to acquisitions by legal entities, accounting for 79% of total acquisitions, according to data provided by the Romanian Automotive Manufacturers and Importers Association (APIA).
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Romania, Among Last In The EU By Inland Freight Transport In 2015 05.26.2017
Romania ranks among the last in the European Union regarding inland freight transport, with less than 2,000 tons-kilometers per inhabitant, in... more
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UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives 05.26.2017
UniCredit Leasing Fleet Management provided operating lease services for two TransMontana electric locomotives manufactured by Softronic-Softrans... more
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Romania’s Auto Industry Up To EUR22B, Faced With Labor Shortage 05.19.2017
The automotive industry, which generated EUR22 billion revenue from car and automotive component manufacturing last year, is increasingly... more
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Gabriel Sicoe, ACAROM Head: Romania, Second Labor-Exporting Country After Syria 05.18.2017
Romania is seen as the second labor-exporting country, after Syria, which triggers the loss of employees’ competences in the country, Gabriel... more
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Tal Lahav, CEO New Kopel Group: Romania Has Huge Tourism Potential 05.18.2017
Romanians will not return to their home country only through wage raises or certain advantages, and the government ought to get more involved in... more
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Continental Revenue Up To EUR2.7B In Romania In 2016 05.17.2017
The Continental group, the largest automotive component manufacturer in Romania, ended last year with almost 20% growth in revenue to 12 billion... more
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Car Exports Contribute One Fifth Of Romania’s Exports 05.17.2017
Export of cars without including components contributes one fifth of Romania’s exports alone. The trend by sectors varies greatly, with exports... more
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Aerostar 1Q Profit Falls Nearly 34% To RON11M 05.12.2017
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday reported a 33.7% decline in profit, to RON11 million, and a 7.8%... more
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ASLO: Operating Leasing Vehicles Made Up 16% Of New Car Registrations In 1Q/2017, Vs 13.3% In 2016 05.09.2017
Operating leasing companies registered 4,300 vehicles in the first quarter of 2017, accounting for 16% of total new registrations of approximately... more
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RCR Expects One In Four Dusters Sold This Year To Sport Automatic Transmission 05.08.2017
The sales of Duster SUV on the local and European market will be driven by the six-speed automatic EDC dual clutch transmission version, says Hakim... more
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Business Lease Romania Raises Share Capital, Opens New Center in Cluj 05.04.2017
Business Lease Group, a Dutch company specializing in offering full mobility solutions to companies in Central and Eastern Europe, will open a new... more
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ACEA: 11 Electric And 392 Hybrid Vehicles Registered In Romania In 1Q/2017 05.04.2017
The number of new electric vehicles registered in the European Union rose 30% in the first quarter of 2017, to 47,196 units, of which 11 units in... more
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Yazaki To Double Number Of Employees In Timisoara R&D Center 05.04.2017
Japanese manufacturer Yazaki Component Technology plans to hire one hundred engineers for its research and development center in Timisoara. Yazaki... more
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Autovit.ro: Romania’s Auto Market Had, In First 3 Months, The Most Dynamic Quarter In Last 8 Years 05.03.2017
Romania’s auto market registered, in January- March 2017, the most dynamic quarter of the last eight years, according to an analysis by Romanian... more
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Continental Romania Plans To Employ 1,500 People At Its Local Plants And Research Centers, In 2017 05.02.2017
Continental invested nearly EUR170 million in 2016 in its operations in Romania, targeting mainly the infrastructure, the state-of-the-art... more
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Edy Spedition Returns To Transportation Business 05.02.2017
Edy International Spedition, a trucking company that had a fleet of more than 1,000 trucks in 2008 only to go insolvent following founder’s death... more
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Wizz Air Carried 1.45 Mln Passengers On Routes In Romania In 1Q/2017, Up 34% On Year 04.27.2017
Wizz Air, the biggest airliner on the Romanian market, on Thursday said it carried 1.45 million passengers on its routes in Romania in the first... more
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Hödlmayr Romania 2016 Turnover Up 10% To EUR36M 04.27.2017
Hödlmayr Romania, the local division of Austrian company Hödlmayr specialized in auto transport logistics, registered a turnover of EUR36... more
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Dacia 2016 Turnover Up 8.35% To EUR4.6B 04.26.2017
Renault-owned carmaker Automobile Dacia registered a turnover of EUR4.6 billion (RON20.765 million) in 2016, up 8.35% from EUR4.2 billion in 2015,... more
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Astra Rail Industries Sales Up 15% In 2016 04.25.2017
Rolling stock manufacturer Astra Rail Industries, which owns Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin) railroad car plants in... more
The year 2016 saw top management changes at Dacia and Ford Romania along with new investment. This spring Daimler inaugurated its new
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The transport and logistics market fully benefited from the economic growth so companies in the industry announced new investments.
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The capping of the auto liability insurance (RCA) rates shattered insurers’ optimism about the market and turned 2016 into a
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The energy sector has been a thrill to watch in 2016, peppered with complex investigations, insolvencies and exit therefrom, major
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The insolvency of Polisano Sibiu, one of the largest pharmaceutical wholesalers, the expansion of Catena beyond 600 pharmacies and the
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The year 2016 was a year of legislative changes for the agribusiness sector, starting from the VAT cut on raw material to 9% and
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This year brought more changes than the last few years taken together. A half a billion euro deal, a change of CEO and the
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Ziarul Financiar continues its year-in-review series with the private healthcare market.
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Ziarul Financiar’s year-in-review series continues in the tourism industry, which saw two travel agencies go insolvent, the low-cost
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Ziarul Financiar begins the 2016 year-in-review series of the ten most important events on key markets in Romania’s economy with the
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
