ACAROM: New Commercial Vehicle Registrations In Romania Up 6.2% YOY To 4,756 Units In Jan-Feb 2019
03.25.2019
New commercial vehicle registrations in Romania grew 6.2% on the year in January-February 2019, to 4,756 units, data from the Romanian association ACAROM showed Monday.
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Schaeffler Factory In Brasov Posts 11% Higher Turnover, Of RON2.2B, In 2018 04.25.2019
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, reported a 11.5% higher turnover year-on-year in 2018, of over RON2.2... more
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Continental Group Invests EUR1.9M In Fully Automated Storage System At Its Plant In Timisoara 04.18.2019
Continental Group has invested EUR1.9 million in a fully automated storage system at its electronic components factory in Romania’s western city... more
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ACAROM: New Car Registrations In Romania Up Over 25% YoY In 1Q/2019, To 35,836 Units 04.17.2019
New car registrations in Romania grew 25.1% to 35,836 units year-on-year in the first three months of 2019, according to data released Wednesday by... more
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APIA: Car Sales In Romania Up 5.6% YoY In 1Q/2019 04.16.2019
Car sales in Romania grew 5.6% in the first quarter of 2019, which translates into a moderate growth compared with the first quarter of 2018, data... more
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Dacia Close To 100,000 Cars Assembled In Q1 04.15.2019
Renault-owned Automobile Dacia’s production rose 14% in the first quarter over the year-ago period, data from Romania’s association of... more
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Preh Romania Expects 22% Higher Revenue In 2019 04.11.2019
Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, budgeted EUR270 million revenue for this year, 22%... more
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New Car Registrations Up Over 25% YoY In 1Q/2019 04.09.2019
New car registrations in Romania grew 25.11% to 35,836 units year-on-year in the first quarter of 2019, according to data from the Romanian... more
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Blidar, Astra Vagoane Calatori: We’ve Got Contracts for Next Three to Four Years 04.05.2019
Valer Blidar, owner of Astra Vagoane Calatori Arad, one of the largest rolling stock makers in Romania, says he will participate in two streetcar... more
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Groupe Renault Romania Seeks to Hire 350 People, Prepares for Relocation 04.04.2019
Groupe Renault Romania seeks to hire up to 350 people and is preparing to relocate its 3,000 employees in Bucharest to the company's new... more
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Ford To Produce Small SUV Puma In Romania 04.03.2019
U.S. carmaker Ford has officially announced that the second car model to be produced at its Romanian assembly plant in Craiova is called Ford Puma,... more
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Four Major Projects in Romania Get EUR2B EU Financing 04.02.2019
Four major projects in Romania will benefit from European financing totaling EUR2 billion that will be invested in improving public transport in... more
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Continental Invests RON1.7M In Car Ventilation System Testing Equipment At Its Timisoara Plant 04.02.2019
The Continental group, the largest automotive component manufacturer in Romania, has invested RON1.7 million in an X ray testing equipment for car... more
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Survey: Four In Ten Romanians Seeking To Buy A New Car Target Electric Vehicles 04.01.2019
Romanians are among the most open Europeans to the idea of buying electric vehicles, as 36% of those seeking to buy a new car focus on electric... more
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Michelin: Car Tire Market up 65% in Four Years 03.29.2019
Sales of tires will continue to increase this year; as Romanians are buying more and more new and used cars, the market of tires for them will... more
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EC, EIB Launch EU Platform In Bucharest To Support Transport Safety Investments 03.28.2019
The European Commission (EC) jointly with the European Investment Bank (EIB) launched Wednesday, in capital Bucharest, the “Safer Transport... more
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CFR SA Appoints Constantin Axinia As General Manager 03.25.2019
The board of Romania's state-owned railroad company CFR SA has appointed Constantin Axinia as its general manager, the company said Monday. more
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Ford To Invest EUR200M In Its Romanian Plant, Aims To Make 250,000 Cars/Year Locally 03.18.2019
US-held automaker Ford will invest EUR200 million in its Romanian plant in Craiova and aims to produce 250,000 cars per year on the local market. more
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Dacia, Ford and Daimler, Top Three Exporters in Romania in 2018 03.15.2019
For the first time ever, Romania’s top three exporters operate in the automotive industry, as Ford stepped up production of EcoSport in Craiova,... more
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Duster Accounts For 80% Of Automobile Dacia’s Production In Jan And Feb 03.12.2019
Four out of five cars Renault-owned Automobile Dacia assembled in its Mioveni plant in the first two months of 2019 were Dusters, as production of... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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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.
