Automotive
VeloCity Plant Unable To Boost Bicycle Production Due To Labor Shortage
The VeloCity Resita plant (Caras-Severin County in central Romania), which works only for French-held sporting goods giant Decathlon, makes 400,000 bicycles a year, which then go to every co...
Metrorex Approves Pre-Feasibility Study for 11 Km of Fourth Mainline
Subway operator Metrorex said Thursday it has approved a pre-feasibility study for an 11-km section of a fourth mainline that would link the northwestern part of Bucharest to the south.
Gefco Romania To Relocate to Campus 6 Office Development in Western Bucharest
Gefco Romania, the local division of Gefco Group, a global player in industrial logistics and European leader in vehicle logistics, will relocate its headquarters this fall in the Campus 6 o...
New Commercial Vehicle Registrations in Romania Up 4% in Jan-May
Registrations of new commercial vehicles in Romania grew 4% on the year in January-May, to 10,575 units, data from the European Automobile Manufacturers Association (ACEA) and the associatio...
Government Relaunches Fuel Excise Refund Scheme for Transporters
Romania's government approved a memorandum Thursday for a state aid scheme to refund a portion of fuel excise duties to road transporters of passengers and cargo, the finance ministry said.
Survey: Romania Road Freight Transport On The Rise, But Infrastructure Remains A Serious Setback
Nearly a quarter of Romania’s overall services export in 2017, which totals EUR20 billion, was carried out by road freight transport, according to a survey by Euler Hermes. The transport sec...
GEFCO, Talan To Set Up Joint Venture Specialized In Services Engineering For Automotive Market
GEFCO Group, a global player in industrial logistics and European leader in vehicle logistics, and France’s Talan will establish a joint venture specialized in designing and selling solution...
Romania Ranks 18th In Europe By New Car Registrations In January-May 2018
Romania ranks 18th in Europe regarding new car registrations in the first five months of 2018, with 47,827 units, 29.3% more than in the year-earlier period, data from the European Automobil...
Antitrust Watchdog Looks Into Autonom's Takeover of BT's Operating Leasing Unit
Romania's Competition Council is looking into the deal whereby rent-a-car company Autonom acquires 100% of BT Operational Leasing, a division of Banca Transilvania Financial Group, the antit...