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 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Romania's Car Production Up 15.7% YoY To 136,301 Vehicles In Jan-March 2022 04.08.2022
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 136,301 vehicles in the first three months of 2022, 15.7% more than in... more
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Ford Romania: The $300M Investment in Craiova Is Underway 04.05.2022
Josephine Payne, Ford Romania president, says the new $300 million investments in Craiova have already been kick started and they are underway. more
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Car Parts Maker Preh Romania Earmarks EUR17M Investments for 2022 04.04.2022
Car parts producer Preh Romania, a supplier for Porsche, Mercedes or Tesla, has budgeted a EUR17 million investment scheme for this year to develop... more
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ACAROM: Romania New Car Registrations Surge 40.25% YoY In March 2022 04.01.2022
New car registrations in Romania increased by 40.25% year-over-year to a total 11,025 units in March 2022, data from the association of automotive... more
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Iveco Signs MoU With Enel X To Develop e-Mobility For Commercial Vehicles In Europe 03.31.2022
Italian truck, bus and engine maker Iveco group signed a memorandum of understanding (MoU) with Enel X to develop electric mobility for commercial... more
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Dan Ostahie Set To Acquire Porsche Bank 03.29.2022
Romania’s Competition Council is looking into a transaction whereby Dan Ostahie is acquiring Porsche Bank Romania S.A. more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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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?