Automotive
BRD Sogelease Financing Grows 31% in 1H, to RON338.2M
BRD Sogelease, the leasing division of Romanian lender BRD - Groupe Societe Generale, granted new financing of RON338.2 million in the first half of the year, up 31% compared with the same p...
Uber Opens Largest Driver Assistance Center in CEE in Bucharest
Uber on opens its largest assistance center for driver in Central and Eastern Europe in the northern part of Bucharest, following an investment of $250,000.
Leoni Wiring Systems Arad Profit Triples YoY To RON20.8M In 2018
Leoni Wiring Systems Arad, the local division of Germany’s Leoni Group, with global sales of nearly EUR5.1 billion, reported a turnover of RON896.6 million (EUR192.8 million) in 2018, up 13%...
GSP Offshore Signs Integrated Services Contract With OMV Petrom
Romanian offshore services company GSP Offshore and oil and gas company OMV Petrom have signed a framework agreement for integrated offshore services of the facilities and equipment of OMV P...
Commercial Vehicle Registrations In Romania Inch Up 0.9% YoY In June 2019
New commercial vehicle registrations in Romania inched up 0.9% on the year in June 2019, and the European market saw a 2.8% increase, data from the European Automobile Manufacturers Associat...
Japan’s JTEKT Invests EUR125M In Expanding Production At Koyo Romania
Japan’s JTEKT, which holds the former factory Rulmenti Alexandria, currently known as Koyo Romania, is investing EUR125 million in expanding the production.
CBRE: Manufacturing Companies Generate 5% Of Logistics And Industrial Space Demand In Jan-June 2019
Manufacturing companies generated 5% of the demand for logistics and industrial space, in the first six months of 2019, being traded a total surface area of 112,500 square meters. Market pla...
Christophe Dridi, Dacia: Romania’s Car Production to Reach at Least 650,000 Units after 2020
Dacia and Ford, the two carmakers in Romania, will see production reach 650,000 cars after 2020, but the auto industry needs support to continue to develop.
Romania Posts Biggest Growth in Car Registrations in EU in 1H/2019
Romania posted the biggest growth in car registrations among EU countries in the first half of the year, of 19.2% on the year, data from the association of automotive manufacturers in Romani...