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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Romania Operating Leasing Market Grows 5% in 2022 YOY
today, 11:11
Romania’s operating leasing market in 2022 rose in line with the automotive market, going beyond 80,000 units under management, representing an... more
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Eckerle Automotive Posts Double-Digit Growth In Revenue to RON253M in 2022
03.23.2023
Automotive components supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle Group, posted RON253.3 million (EUR51.4 million)... more
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Automobile Dacia Sees Revenue Up 20% to EUR5.2B in 2022
03.22.2023
Automobile Dacia's revenue went up by 20% to RON26.7 billion or EUR5.2 billion in 2022, higher than even in 2019, despite lower production than... more
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EY Study: Electric Vehicle Adoption Accelerated Faster Than Expected
03.22.2023
Electric vehicle (EV) adoption has accelerated faster than predicted considering that globally EV sales doubled in 2021 and jumped 55% in 2022 to... more
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Porsche Finance Group Puts Romanian Helian Redai In Charge Of Its Romanian Division
03.21.2023
Porsche Finance Group, one of the leading providers of financing, insurance, maintenance and car mobility solutions in Romania, has announced the... more
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New Car Registrations in Romania Up 37% in Jan-Feb 2023 To 24,715 Units
03.21.2023
Romania ranks 14th in the EU by the number of new passenger cars registered in January-February 2023, with 24,715 units, up 37.7% from the year-ago... more
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Deloitte: Interest In Electric And Hybrid Cars On The Rise
03.16.2023
Interest in electric and hybrid cars remains high among consumers, mainly due to the lower fuel costs compared to internal combustion engines, to... more
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ACAROM: Romania’s Car Production Up 10% YoY To 87,328 Units In January And February 2023
03.14.2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 87,328 vehicles in January and February 2023, 10% more than... more
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Hella Romania Invests EUR20M in New Timisoara Unit
03.14.2023
Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara,... more
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International Alexander Ends 2022 With EUR280M Turnover
03.13.2023
International freight forwarding and logistics group International Alexander, based in Arad, ended 2022 with a turnover of EUR280 million and... more
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Freight Carrier Sorcani Expects 20% Growth in Revenue in 2023
03.13.2023
Road freight transport company Sorcani, based in Sibiu, ended 2022 with RON77.5 million (EUR16 million) revenue, an increase from the RON55 million... more
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Autonom Services Orders 200 Electric Vehicles Worth EUR10M
03.06.2023
Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, ordered 200 electric vehicles worth EUR10 million and thus... more
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Dacia Set to Near 2019 Production Level in 2023
03.03.2023
Dacia is likely to be heading again to annual output of 350,000 cars in Mioveni as the parts crunch is overcome. more
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Altur Slatina Reports RON2.7M Net Profit For 2022 Vs RON7M Loss In 2021
03.01.2023
Auto parts manufacturer Altur Slatina (ALT.RO) on Wednesday reported a net profit of RON2.7 million for 2022 from a loss of RON7 million in 2021,... more
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PwC: Electric Vehicle Sales Up 28% In 2022 On Main European Markets
02.23.2023
Sales of battery electric vehicles (BEVs) on the top five European markets (Germany, France, Italy, Spain and UK) grew by 28% in 2022 versus 2021,... more
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Proleasing Motors Ends 2022 With RON293M Revenue, Up 8.5% YoY
02.22.2023
Proleasing Motors, authorized dealer for the BMW, Ford and Hyundai brands, ended 2022 with revenue of RON293 million, up 8.5% year-over-year, and... more
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Nexxon Targets RON211M Turnover In 2023
02.21.2023
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), expects a turnover of RON211 million (almost EUR43... more
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Romania Ranks 14th In The EU With 12.266 New Car Registrations In January 2023
02.21.2023
New car registrations in Romania grew by 31.4% year-over-year to 12.266 units in January 2023, placing the country 14th in the European Union (EU),... more
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Daimler Starts Construction Works for New EUR138M Plant in Sebes
02.17.2023
German carmaker Daimler, which owns Star Assembly company of Sebes, Romania’s third largest exporter, has started construction works for a new... more
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Hella Romania Plans to Create Several Hundred Jobs
02.16.2023
Car parts producer Hella Romania, the local subsidiary of German concern Hella, has reached 5,300 employees and intends to create another... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.