Automotive
Dacia, Ford Production In Romania Up 2% To 452,272 Units In Jan-Nov 2019
The two carmaking factories in Romania, Automobile Dacia and Ford, respectively, produced 452,272 vehicles in January-November 2019, 2% more than 443,581 vehicles in the same period in 2018,...
Luxury Car Market Up 55% In Jan-Nov
More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department...
City Insurance Underwritings Grow 38% in Jan-Sept, to EUR298M
City Insurance, the leading third party liability auto insurer in Romania, had underwritings of EUR298 million (RON1.4 billion) in the first nine months of 2019, up 38% on the year, mostly d...
FAN Courier Sees 15% Turnover Growth in 2019, to EUR166M
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of nearly EUR166 million, 15% higher than in 2018, company officials said Tuesday.
CFR Signs RON11.3M Feasibility Study for Upgrades to Bucharest's Main Train Station
Romanian state-owned railway operator CFR and Consis Proiect have signed a RON11.3 million contract, net of VAT, for a feasibility study on upgrades to Gara de Nord, Bucharest's main train s...
New Car Registrations in Romania Grow 21.5% in Jan-Nov
New car registrations in Romania grew 21.5% on year in January-November, to 147,789 units, data from the association of automotive manufacturers in Romania (ACAROM) and vehicle registration...
Antitrust Body Looks Into Fan Courier Acquisition of SLS CARGO
Romania's antitrust body is looking into the deal whereby FAN Courier, the leading courier services company in Romania, is acquiring a majority stake in transportation and logistics firm SLS...
Romania Makes EUR30B Worth of Cars and Automotive Components
The revenue of the local auto industry, which includes Dacia, Ford and the more than 400 component manufacturers, will increase by 5.2% to EUR30 billion in 2019 compared with 2018, data from...
Compa Sibiu Seeks to Enter Hotel Business
Romanian car parts manufacturer Compa Sibiu (CMP.RO) is looking to enter the hotel business and register Compa Hospitality and has summoned a shareholders' meeting for January 14.