02.19.2025

Car parts manufacturer Optibelt Power Transmission, the local subsidiary of German group Arntz Optibelt, for 2024 reported turnover worth RON317.3 million (EUR63.4 million), down 2.5% from the more

07.24.2024

Star Transmission of Cugir, Alba county, the local arm of Mercedes-Benz AG, for 2023 reported turnover worth RON420.5 million (EUR85 million), up 7.5% from 2022, in line with ZF calculations based on more

09.19.2023

Romania's state-run natural gas transmission company Transgaz (TGN.RO) has officially taken over on Tuesday (Sept 19) the operation, maintenance, gas transmission and dispatching activities in the more

09.05.2023

Transgaz, a company majority owned by the Romanian state, will also operate the natural gas transmission system of the Republic of Moldova, on the basis of a 5-year contract signed by its subsidiary, more

03.16.2023

OMV Petrom (SNP.RO) has signed a contract worth RON1.4 billion with natural gas transmission company Transgaz (TGN.RO) on Thursday (March 16) for the transmission of natural gas from the Neptun Deep more

05.06.2022

Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, projects EUR70.4 million turnover for this year, up more

08.05.2021

Romanian state-owned power grid operator Transelectrica (TEL.RO) said Thursday in a stock market announcement that it drew up a list of minimum 20 strategic projects which will make the electricity more

05.27.2021

The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania. more

02.07.2019

Daimler's Romanian subsidiary Star Assembly has officially started production of a new, eight-speed automatic transmission for Mercedes-Benz cars. more

11.29.2018

Transgaz plans to build more than 3,200 kilometers of pipelines to connect all the towns of the country to the national natural gas transmission system and then to the distribution system and help more

11.02.2017

Daimler with its Star Assembly company is on its way to becoming the second largest business in the local automotive industry after Automobile Dacia. more

04.05.2016

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03.10.2016

German group Daimler will start the production of 9G Tronic automatic transmission for Mercedez-Benz vehicles at its new plant in Sebes (central Romania), in April. more

08.28.2015

French group Renault will introduce in September, at 2015 Frankfurt Motor Show, the Easy-R automated manual transmission, a two-pedal solution for the Logan, Logan MCV, Sandero and Sandero Stepway, more

02.27.2015

National grid company Transelectrica (TEL.RO) plans to make more than 3 billion lei (EUR678 million) investments but estimates it will spend only RON554 million in 2015-2017 as many projects are more

02.23.2015

Star Transmission, the Daimler AG unit that makes transmissions for Mercedes-Benz cars in Sebes, entered the top 100 exporters in Romania straight on the 32nd position last year, according to National more

02.25.2014

Romania’s natural gas transmission network is outdated and must be upgraded to allow increased flows from the Black Sea fields, state-run gas transporter Transgaz (TGN.RO) said Tuesday. more

10.27.2013

Toshiba Transmission and Distribution, a subsidiary of Japanese corporation Toshiba, is building two photovoltaic parks in Brasov county, central Romania, for Luxembourg-based Energreen Investment more

04.24.2013

German group Daimler will invest over EUR300 million in expanding the automatic transmission production for Mercedes-Benz at its Romanian subsidiary in Sebes, central Romania. more

07.18.2012

Romania’s natural gas pipeline system expanded by 955 kilometers to 35,680 kilometers in 2011, data from the statistics institute INS showed Wednesday. more