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.
-
Deloitte: Half Of Romanians Plan To Buy Electric Cars To Reduce Fuel Cost And Protect The Environment 05.23.2022
Almost half of Romanians would like to buy a hybrid or electric vehicle (46%) in order to lower fuel costs and to protect the environment,... more
-
Automobile Dacia Returns to Growth in 2021 05.20.2022
Automobile Dacia, Romania’s biggest exporter and the engine of its industry, returned into the black in 2021 and posted RON21.4 billion turnover,... more
-
Faurecia Romania Revenue Flat at RON1B in 2021 05.20.2022
Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF... more
-
KeysFin: Local Freight Carriers’ 2021 Turnover May Hit Record High Of RON75B 05.17.2022
The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost... more
-
Car Parts Maker Aptiv Seeks to Hire 450 People at Ineu Plant 05.16.2022
Car parts producer Aptiv Technology Services & Solutions, the former Delphi Packard Romania, currently has 450 jobs available at its plant of Ineu,... more
-
Compa Sibiu Net Profit Drops 81.4% YoY To RON1.4M In 1Q/2022 05.13.2022
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a... more
-
Nexxon Targets 30% Higher Turnover In 2022 05.09.2022
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021... more
-
INS: New Passenger Vehicle Registrations In Romania Drop 10% YoY In 1Q/2022 05.05.2022
New registrations of road vehicles for passenger transport decreased by 10% in Romania in the first quarter of 2022 compared to the first quarter... more
-
Germany’s Schaeffler Puts Stefan Gulacsi-Gologan In Charge Of Romanian Division 05.04.2022
The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division... more
-
Romania Approves Purchase Of 12 Hydrogen Trains 05.03.2022
Romania's Transport Ministry has approved the purchase of 12 hydrogen fuel cell trains as part of a pilot project aimed at testing "green" trains. more
-
ACAROM: Romania New Car Registrations Grow 23% YoY In April 2022 05.02.2022
New car registrations in Romania increased by 23.42% to a total 8,469 units in April 2022 versus April 2021, data from the association of... more
-
Autonom Services’ Profit Triples YoY To RON22.5M In 2021 04.21.2022
Integrated mobility services provider Autonom Services, held by brothers Marius and Dan Stefan, on Thursday said it ended 2021 with consolidated... more
-
Dacia Produced The 10 Millionth Vehicle 04.20.2022
Romanian carmaker Automobile Dacia’s assembly plant in Mioveni (southern Romania) has produced the 10 millionth car, an urban gray Duster SL... more
-
Romania Ranks 14th In The EU With 28.978 New Car Registrations In 1Q/2022 04.20.2022
New car registrations in Romania surged by 39.6% on the year to 28.978 units in January-March 2022, placing the country 14th in the European Union,... more
-
Coindu Romania Set To Hire 50 People At Its Plant In Arad 04.19.2022
Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, currently has 50 job openings at its factory in the locality of Curtici... more
-
Deloitte Study: Private Car Remains Romanians’ Preferred Travel Mode, Survey Finds 04.18.2022
The personal car remains the most used daily travel mode for 40% of Romanians, and 63% believe it will remain the preferred mobility choice in the... more
-
Schaeffler Romania Posts RON2.6B Revenue and RON96.7M Profit in 2021 04.13.2022
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, posted revenue of RON2.6 billion (EUR528.5 million in 2021, as well as... more
-
Proleasing Motors Ends 2021 With Turnover Of Over RON270M And Net Profit Estimated At RON15M 04.12.2022
Proleasing Motors, authorized dealer for the BMW, Ford and Hyundai brands, ended 2021 with a turnover of over RON270 million and a net profit... more
-
Nexxon Reports 20% Higher Turnover, Of Over RON193M, YoY In 2021 04.11.2022
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), ended 2021 with a turnover of RON193.2 million (over... more
-
Eckerle Automotive Revenue Rises 20% to RON229.7M in 2021 04.11.2022
Automotive component supplier Eckerle Automotive, the local subsidiary of the German Eckerle Group, posted RON229.7 million (EUR46.7 million)... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
more
The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
more
One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
more
House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
more
Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
more
Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
more
CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
more
Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
more
Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
moreAnalysis
What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?