Automotive
New Commercial Vehicle Registrations In Romania Up 11.4% In January-September 2018
New commercial vehicle registrations in Romania grew 11.4% in January-September 2018, to a total 19,348 units, from 17,371 units in the year-earlier period, data from the European Automobile...
Tiriac Group Seeks to Sell Leasing Division
Romanian businessman Ion Tiriac is looking to sell Tiriac Group's leasing division, Tiriac Leasing, on a market where interest for such businesses is quite high.
BT Leasing and ERB Leasing Merge into BT Leasing
BT Leasing and ERB Leasing have merged into BT Leasing following Banca Transilvania's ERB Leasing from Eurobank Group in April, along with Bancpost and ERB Retail Services.
Ford Production Overshoots 100,000 Car Mark In Craiova, Starts Investments To Add Second Model
The production of the Ford plant in Craiova rose to almost 104,000 EcoSport SUVs in the first nine months of the year, twice and a half more than in the same time last year, when the facilit...
Romania Car Market Hits Ten-Year High In January-September 2018
Car sales in Romania grew 20.2% year-on-year in January-September 2018, to 134,831 units, a record high of the past decade, data from the Automotive Manufacturers and Importers Association (...
Dacia Output Grows 4.6% To 242,605 Vehicles In Jan-Sept 2018
Romanian Automobile Dacia, owned by France's Renault, made 242,605 vehicles at the plant in Mioveni in January-September 2018, up 4.6% from 231,858 units in the same period in 2017, the asso...
Delphi Technologies Opens IT Center in Bucharest
Delphi Technologies, which manufactures engine propulsion solutions for the automotive industry, opened its first IT center Thursday, in Bucharest.
Schaeffler Builds Testing Center in Brasov
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, will build a testing center in Brasov, central Romania, on an area of 8,000 sqm, where 160 engineers will work startin...
DB Schenker Relocates to New Terminal in CTPark Bucharest West
DB Schenker, one of the largest operators of transport and logistical services, will relocate its activity by the end of the year to a new terminal of 21,000 sqm in CTPark Bucharest West (CT...