1 feb 2016

Consolidation, exits, and acquisitions will continue in Romania over the next decade and only three out of the nine players on the do-it-yourself retail market will still be there by 2026, believes more

18 ian 2016

Sales of heavy tricks used in transportation of freight abroad and to the major store chains, went up 50% to more than 7,000 units last year, as carriers renewed and expanded their fleets. They were more

18 ian 2016

Renault-owned Dacia’s international sales keep increasing year by year and after having overshot the 500,000 unit mark in January 2015, this year sales are up to about 600,000 units. more

13 ian 2016

The local auto market reached more than EUR3.7 billion last year, according to ZF calculations, EUR2.5 billion of which old cars imported from Western Europe. more

5 ian 2016

Carmaker Automobile Dacia’s revenue is close to 20 billion lei (almost EUR4.5 billion) in 2015, which puts it farther ahead of OMV Petrom SA, the largest company in Romania by revenue for years, more

17 dec 2015

The year 2015 brought the market back to more than 100,000 new vehicles sold after six years of decline, while in terms of production Romania turned into a regional hub, from the automation of the more

16 dec 2015

The year 2015 was one of the most hectic years for the companies in the agribusiness sector, with several deals involving local entrepreneurs, and drought that upset all calculations done at the more

8 dec 2015

Real estate company GTC Romania is about to buy Premium Plaza and Premium Point office buildings, real estate market sources say, in a deal put at EUR30 million to EUR40 million. more

7 dec 2015

The retail segment will regain ground on the auto market, after having significantly shrunk over the past seven years due to the economic crisis, as more and more people will be able to afford to buy more

4 dec 2015

Automobile Dacia, the largest company in Romania by revenue, wants to bring more suppliers of the Renault group near its plant in Mioveni, to make implementation of the ‘just in time’ delivery more

1 dec 2015

Hyundai expects a 10% increase in sales of new cars next year, largely because of the economic growth, says Teodor Brusalis, Hyundai Auto Romania chief executive. more

16 nov 2015

Computer and electronics retailer Domo, one of the largest in its business, will close all its brick-and-mortar stores to focus only on online operations, market sources say. more

9 nov 2015

Sales of combines will reach more than EUR40 million in Romania this year, if taking into account at an average price of EUR80,000 per unit, based on importer data. more

4 nov 2015

Dacia and Ford exported almost 270,000 cars together in the first nine months according to the Automotive Manufacturers and Importers Association (APIA), an increase of 1.4% on the year-ago period. more

4 nov 2015

The rise in soil moisture and the change of conditions in which tractors and harvesters have to operate are causing the local agricultural machinery market to shift to more expensive products. more

3 nov 2015

Ford Romania plans to sell 130 Ecosport cars, its new small SUV, in 2015 and up to 800 next year, says its managing director Valerio Brenciaglia who is also a member of the board of directors of the more

9 oct 2015

The 3.4% economic growth that the International Monetary Fund estimated for Romania in 2015 is not high enough to really matter, believes Nicolas Maure, managing director of Automobile Dacia, the more

6 oct 2015

Dacia ranks first by number of units among the total cars in Romania, almost 30% at the end of last year or 1.35 million units, according to Driver’s License and Vehicle Registration Department more

5 oct 2015

The 2016 plans of AutoItalia, the local importer of the Fiat group brands include new premium and luxury cars from Jeep, Maserati and Alfa Romeo, as well as steady volumes of Fiat cars and commercial more

21 sep 2015

Telecom operator Orange Romania will buy a fleet of four electric cars Renault ZOE, being the first company on the local market to use such vehicles. more

21 sep 2015

BMW Group has decided to increase the number of countries where it will launch its ‘i’ electric cars and the Romanian subsidiary plans to deliver a BMW i3 electric car via a dealer by the end of more

17 sep 2015

Now in his 11th year at the helm of Renault, Carlos Ghosn, one of the most powerful executives in the automotive industry during whose turn Dacia turned into Romania’s largest company and exporter, more

3 sep 2015

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will create more

1 sep 2015

Sales of hybrid and electric sales doubled in the January to July period, according to the data of Automotive Manufacturers and Importers Association (APIA), on a growing interest for ecological more

28 aug 2015

Businessman Ion Tiriac says he has no intention of exiting Metro Cash & Carry and Allianz Tiriac after having sold his stake in UniCredit Bank, because with the bank the decision was made ten years more