Automotive
New Car Registrations In Romania Grow 12.60% YoY In May 2019
New car registrations in Romania grew 12.60% on the year in May 2019, to 13,011 units, data from the Romanian association ACAROM and the Driving License and Vehicle Registration Department (...
Romania Has Three Bicycle and Part Makers Among Top 200 Local Exporters
Romania has three bicycle and bicycle parts manufacturers among the top 200 local exporters. The three are Madirom Prod (a company held by French sporting goods retailer Decathlon), Eurospor...
Uber Paid Higher Tax on Profit in Romania than Top 8 Taxi Companies Together
Uber paid a tax on profit of RON213,000 in Romania in 2017, via Uber Systems Romania, while the top eight taxi companies in Bucharest paid a total of RON223,000, said Iancu Guda, head of the...
Autoliv Sees Revenue Up to Over RON4B in Romania in 2018
Car safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group Autoliv, posted more than 4 billion lei (EUR860.5 milion) revenue in 2018, a 2% increase on the pre...
Ford Romania Joins Club of Companies with More Than RON10B Revenue
The start of production of the EcoSport SUV took Ford Romana’s revenue to more than 10.5 billion lei (EUR2.21 billion) in 2018, which turned the carmaker into the second largest company in t...
Government Replaces ROBOR with New Reference Index for State-Sponsored Lending Programs
Romania's government on Thursday adopted a draft decree replacing the reference index used to calculate variable interests on state-sponsored lending programs, finance minister Eugen Teodoro...
Groupe Renault Romania Revenue Up to RON30B in 2018
The three divisions of Groupe Renault Romania – design and engineering (Renault Technologie Roumanie), manufacturing (Automobile Dacia) and vehicle sales (Renault Commercial Roumanie) posted...
Renault Commercial Roumanie Revenue Up to Over RON4B in 2018
The growth in the sales of SUVs led Renault Commercial Roumanie (RCR), Groupe Renault Romania’s sales division to more than 30% growth in revenue in 2018 compared with 2017 to more than 4 bi...
Romanian Carmaker Dacia's Turnover Grows 5% in 2018, to EUR5.3B
Romanian carmaker Automobile Dacia, owned by France's Renault, had a turnover of EUR5.3 billion in 2018, up 5% on the year, and its net profit grew 40%, to EUR162 million, the highest profit...