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Koyo Invests EUR30M in Bearings Factory in Alexandria
Companies

Koyo Invests EUR30M in Bearings Factory in Alexandria

Japan's JTEKT, which holds a bearings manufacturing plant in Alexandria, southern Romania, currently known as Koyo Romania, is investing EUR30 million in a new production line, part of a big...

Oana Gavrila · 16.10.2019 · 16:15 · 1 min
Romania Posts Second Largest Growth In New Car Registrations In EU In Jan-Sept 2019
Automotive

Romania Posts Second Largest Growth In New Car Registrations In EU In Jan-Sept 2019

Romania posted the second largest growth in new car registrations among EU countries, year-over-year in January-September 2019, of 16.4%, data from the association of automotive manufacturer...

Ecaterina Craciun · 16.10.2019 · 13:16 · 1 min
Romania Back in the Cards for New Volkswagen Plant Investment
Automotive

Romania Back in the Cards for New Volkswagen Plant Investment

Romania is back on the list of countries where Volkswagen might open a new plant for its future Passat and Skoda Superb generations, with talks over this started by the government in Buchare...

Loredana Frățilă-Cristescu · 16.10.2019 · 09:29 · 1 min
New Car Registrations in Romania Grow 16.37% in Jan-Sept
Automotive

New Car Registrations in Romania Grow 16.37% in Jan-Sept

New car registrations in Romania grew 16.37% on the year in January-September, to 124,049 units, data from the association of automotive manufacturers in Romania (ACAROM) and vehicle registr...

Oana Gavrila · 10.10.2019 · 12:39 · 1 min
Romania Car Production Up 2.26% YoY To 354,812 Units In Jan-Sept 2019
Automotive

Romania Car Production Up 2.26% YoY To 354,812 Units In Jan-Sept 2019

Romania’s car production, at Dacia and Ford plants in Mioveni and Craiova, respectively, has reached 354,812 units in January-September 2019, 2.26% more than in the same period in 2018, when...

Ecaterina Craciun · 09.10.2019 · 11:47 · 1 min
Ford Puma Hits Assembly Line in Craiova Plant After EUR200M Investment
Automotive

Ford Puma Hits Assembly Line in Craiova Plant After EUR200M Investment

Ford announced Tuesday it has officially started production of its new Ford Puma SUV-inspired compact crossover at its assembly plant in Craiova, southern Romania.

Oana Gavrila · 08.10.2019 · 10:13 · 1 min
Bucharest Metro Mainline 2 To Get Extension on Southern End
Social/Politics

Bucharest Metro Mainline 2 To Get Extension on Southern End

Romania's transport ministry, metro operator Metrorex and Bucharest's sector 4 city hall signed a protocol Tuesday regarding the construction of a new overground metro station in southern Bu...

Oana Gavrila · 01.10.2019 · 16:41 · 1 min
Food Retailers Have 100 Ha of Logistical Space, Plan Additional 30 Ha
Retail&Consumer

Food Retailers Have 100 Ha of Logistical Space, Plan Additional 30 Ha

Food retailers in Romania have a total 100 hectares of logistical space that they own or rent and plan to increase storage by another 30 hectares in the near future.

Oana Gavrila · 27.09.2019 · 16:35 · 1 min
Romanian Courier Market Seen Reaching EUR500M in 2019
Companies

Romanian Courier Market Seen Reaching EUR500M in 2019

The courier market, one of the most dynamic segment in transport and logistics, could reach EUR500 million this year, despite reticence from companies to invest and from consumers to buy.

Oana Gavrila · 27.09.2019 · 16:16 · 1 min