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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Dacia’s Global Sales Down 30% To 520,765 Units In 2020 01.13.2021
Romanian carmaker Automobile Dacia, owned by French group Renault, saw a 30% decline in its worldwide sales, down to 520,765 vehicles, per company... more
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Dacia Market Share In Romania Grows To 32.4% End-2020 01.12.2021
Romanian carmaker Dacia, owned by France's Renault, saw its market share on the local market growing to 32.4% at the end of 2020, compared with 30%... more
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ACAROM: Romania Car Production Drops 10.67% YoY To 438,107 Units In 2020 01.12.2021
Car production in Romania reached 438,107 units in 2020, 10.67% fewer than 490,412 units in 2019, data from Romania’s carmakers association... more
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December 2020 Marks 4th Month of Growth for New Car Registrations in Romania 01.12.2021
December was the fourth consecutive month of growth in new vehicle registrations in Romania, although the market registered an overall contraction... more
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Kromberg & Schuber Leases 2,000 Sqm in Timisoara Vox Technology Park 01.12.2021
German manufacturer of automotive cable harnesses and electrical systems Kromberg & Schuber has leased 2,000 square meters of office space in the... more
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VP Mihai Bordeanu Becomes Managing Director Dacia Brand SE Europe, Country Head Romania 01.11.2021
Dacia Brand has a new managing director South Eastern Europe and country head Romania as of January 1, Mihai Bordeanu, its former vice-president. more
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New Car Registrations In Romania Drop Over 21% YoY To 126,351 Units In 2020 01.04.2021
New car registrations in Romania decreased 21.79% in 2020, to 126,351 units, compared with 161,562 units in 2019, data from the European Automobile... more
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EU Car Registrations Drop 25.5% in Jan-Nov, Romania Ranks 14th 12.17.2020
New car registrations in the European Union fell 25.5% in the first 11 months of 2002, to 8.9 million units, and by 12% on the year in November,... more
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring 12.15.2020
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from... more
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ACAROM: Romania Car Production Drops 10.52% YoY To 404,699 Units In January-November 2020 12.11.2020
Car production in Romania reached 404,699 units in January-November 2020, 10.52% fewer than 452,272 units in the same period in 2019, data from... more
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FAN Courier Turnover Nears RON1B Mark in 2020, Up 22% 12.10.2020
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to the RON1... more
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E.ON Energie Romania Completes Installation of 19 Electric Vehicle Charging Stations 12.10.2020
E.ON Energie Romania, one of the largest utility suppliers on the local market, has completed a project for the installation of 19 electric car... more
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New Car Registrations in Romania Drop 25.3% in Jan-Nov 12.02.2020
New car registrations in Romania decreased 25.31% on the year in January-November, to 110,377 units, data from the association of automotive... more
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Swedish Group Holmbergs Acquires Romanian Te-Rox Prod 11.27.2020
Romanian Te-Rox Prod, a producer of covers and harness systems for child safety seats founded by Doina and Roxana Cepalis, has sold its operations... more
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Car Sharing Company Spark Could Be First to Get Dacia Spring Electric Vehicle in Its Fleet 11.27.2020
Car sharing company Spark could be the first operator to use Dacia Spring electric cars in its fleet, as it is already in talks with the Renault... more
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Deloitte: One In Three New Car Sales Globally Will Be Electric By 2030 11.26.2020
By the end of the decade, a third of all new car sales worldwide will be electric, which would bring the total number of electric vehicles (EVs)... more
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Urgent Cargus Opens Second Warehouse near Bucharest, Doubles Sorting Capacity 11.26.2020
Delivery firm Urgent Cargus, the second largest in Romania, has inaugurated a second warehouse near Bucharest in a EUR7.4 million investment that... more
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Antitrust Body Looks into Kiwi Finance Acquisition by OLX 11.24.2020
Romania's Competition Council said Tuesday it was analyzing the deal whereby OLX Global BV intends to acquire Kiwi Finance SRL, the largest loan... more
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ACAROM: Romania’s Car Production Down 3.2% YoY To 51,418 Units In October 2020 11.17.2020
Car production in Romania reached 51,418 units in October 2020, 3.2% fewer than 53,119 units in October 2019, data from Romania’s carmakers... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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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
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
