New Car Registrations Up 18.8% on Year in January, Used Car Registrations Down 8%
02.13.2019
New car registrations in Romanian grew 18.8% in January compared with January 2018, to 13,952 units, data from Romania’s association of automotive manufacturers ACAROM showed Wednesday.
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Romania Ranks 15th In The EU By New Car Registrations In January 2019 02.15.2019
Romania ranks 15th in the European Union, with a volume of 13,952 new car registrations, up 18.8% compared with January 2018, Romania’s... more
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Hödlmayr Logistics Romania To Transport Toyota Vehicles For Local Market 02.11.2019
Hödlmayr Logistics Romania will transport automobiles for Toyota Romania and will entirely ensure the storage of Toyota vehicles on the local... more
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Daimler Builds EUR20M Logistics Center Near Bucharest 02.11.2019
Germany’s Daimler, owner of the Mercedes-Benz brand and of the transmissions plant in Sebes in Romania, plans to develop a logistics platform in... more
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Daimler Starts Production of New 8-Speed Automatic Transmission in Romania 02.07.2019
Daimler's Romanian subsidiary Star Assembly has officially started production of a new, eight-speed automatic transmission for Mercedes-Benz cars. more
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Romania's Automotive Industry Revenue Up to EUR28B in 2018 02.04.2019
The revenue of the local auto industry, which includes the Automobile Dacia and Ford’s revenue, as well as that of more than 400 component... more
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Hakim Boutehra, Renault: Romania’s Auto Market to Grow to Over 200,000 Vehicles In 2019 02.01.2019
The growth potential of Romania’s auto market remains high given the low vehicle ownership rate and the economic growth, so even though 2019 is... more
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Michael Schmidt: We’ll Continue National Expansion 01.31.2019
MHS Holding, the entity operating Grupul Automobile Bavaria, one of the largest car dealer networks in Europe, posted more than EUR387 million... more
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Dacia and Ford Assembled EUR7B Worth of Cars in Romania in 2018 01.30.2019
The start of production of the new SUVs – Duster and EcoSport led to a significant increase in the number of cars assembled in Romania last year,... more
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New Commercial Vehicle Registrations in Romania Grow 11.5% in 2018 01.29.2019
New commercial vehicle registrations in Romania grew 11.5% on the year in 2018, to 25,812 units, data from the European Automobile Manufacturers... more
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Romanian Insurance Market Grows 2% in Jan-Sept 2018, to RON7.47B 01.22.2019
Romania's insurance market reported total underwritten premiums of RON7.47 billion in the first nine months of 2018, 2% higher than in the same... more
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Visteon Corporation Opens Tech Center in Timisoara, W Romania 01.21.2019
U.S.-based automotive industry supplier Visteon Corporation will be opening a tech center in Timisoara, western Romania, and plans to hire 400... more
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Ford To Produce New SUV At Its Romanian Plant 01.18.2019
Ford will produce a new small SUV at its Romanian plant in Craiova, which could be called Puma, according to Automotive News Europe. more
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Dacia Reports Best Sales in a Decade in 2018 01.18.2019
Romanian carmaker Dacia, owned by France's Renault, had its best sales in a decade in 2018 in Romania, with over 54,000 vehicles sold and a market... more
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Christophe Dridi, Dacia: We’re in Talks with Suppliers to Boost Local Integration 01.17.2019
Christophe Dridi, managing director of Groupe Renault Romania and Automobile Dacia, says he wants to boost the local integration of the cars... more
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Dacia Recalls More Than 13.000 Vehicles In Romania Due To Airbag Fault 01.15.2019
Renault-owned Romanian car manufacturer Dacia recalled into service more than 13,000 of the vehicles it sold in the country, in order to repair an... more
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New Car Registrations in Romania Grow 23% on Year in 2018 01.14.2019
New car registrations in Romania reached 130,919 units in 2018, up 23% compared with 2017, while registrations of second hand cars dropped 8.99% on... more
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Priorities of New Dacia CEO: First Capacity Boost in Ten Years, EUR100M Investments 01.08.2019
At least EUR100 million investments, the first production capacity boost in a decade, plans for 300 new employees and the launch of a new engine... more
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Dacia Produced Over EUR5B Worth Of Vehicles At Its Plant In Mioveni In 2018 01.07.2019
Romanian Automobile Dacia, owned by France's Renault, produced 335,262 vehicles at its plant in Mioveni in 2018, 7.7% more on the year. more
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Renault Starts Production of New Engine at Dacia Plant in Romania 01.04.2019
The Renault Group, which owns the Dacia plant in Mioveni, southern Romania, has started production of a new 1.0-liter gas engine codenamed IG-T100... more
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Policolor CEO: Automotive Paint Market Set to Grow 01.03.2019
Paint and coatings manufacturer Policolor, a top ten actor on this market, expects growth of automotive paint segment, as car sales are on the rise. more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
