Automotive
Dacia, Ford Production In Romania Up Nearly 2% To 407,931 Units In Jan-Oct 2019
The two carmaking factories in Romania, Automobile Dacia and Ford, respectively, produced 407,931 vehicles in January-October 2019, nearly 2% more than in the same period in 2018, data from...
Puma SUV Takes Ford Romania Plant to 6,200 Employees
Ford Romania has grown to 6,200 employees in its plant in Craiova this fall, after hiring 1,700 people. The hiring was because of the start of the production of the Puma SUV last month, asse...
Insurers Accepted 88,174 Third-Party Damage Claim Files in 2Q
Romanian insurers accepted 88,174 damage claim files under third-party motor vehicle insurance policies in the second quarter of 2019, 6.15% fewer than in the first quarter, financial watchd...
New Car Registrations In Romania Grow Over 18% In January-October 2019
New car registrations in Romania grew 18.85% on the year in January-October 2019, to 134,698 units, data from the association of automotive manufacturers in Romania (ACAROM) and vehicle regi...
Rent-A-Car Company Autonom Raises EUR20M at 4.45% per Annum from Investors
Rent-a-car company Autonom Services has completed its first bond issue in a EUR20 million private placement with a five-year maturity and 4.45% coupon payable annually, which is one of the b...
Romanian Executive Put in Charge of GM Operations in Russia and CIS
US giant General Motors appointed Romanian Ciprian Suta to the position of managing director of the operations in Russia and CIS states, effective October 1, 2019.
Electric Vehicle Registrations In Romania Up 113.5% YoY In Jan-Sept 2019
The number of electric vehicles registered in Romania soared 113.5% year-over-year in January-September 2019, data from the association of automotive manufacturers in Romania (ACAROM) and th...
Passenger Vehicle Registrations Grow 3.6% in 3Q in Romania
New registrations of road vehicles for passenger transport grew 3.6% on the year in the third quarter of 2019, while registrations of freight vehicles grew 0.4%, data from the country's stat...
Volvo Recalls 560 Cars Sold in Romania Over Engine Fire Risk
More than half a million Volvo cars are being recalled worldwide, including 560 in Romania, because of a fire risk in the engine.