Automotive
Car Parts Manufacturer Preh Ends 2017 With EUR11M Investments At Its Factory In Brasov
Car parts manufacturer Preh Romania, which works for Porsche, Mercedes, Audi and BMW, invested EUR8 million in the first nine months of 2017 in plastic injection molding machines, in a print...
Romania’s Operating Leasing Market Maintains Growth, Exceeds 66,000 Vehicles End Of 3Q/2017
Romania’s operating leasing market ended the third quarter of 2017 with an increase of 11% compared with the end of 2016, to over 66,000 vehicles managed.
New Duster SUV, A EUR3.6B Bet For Automobile Dacia Plant In Mioveni
The second generation of the Duster SUV, the most expensive model assembled by Automobile Dacia at its Mioveni plant, which accounts for 60% of the production there can bring EUR3.6 billion...
New Commercial Vehicle Registrations Grow 3.9% In January-October 2017
Registrations of new commercial vehicles in Romania grew 3.9% in January-October 2017 compared with the same period last year, to 19,476 units, data from the European Automobile Manufacturer...
Keswick Enterprises Group Sells Its Tibbett Logistics Subsidiary In Romania
UK-based Keswick Enterprises Group has reached an agreement for the sale of its subsidiary, Tibbett Logistics, a logistics company in Romania, to logistics services provider Yusen Logistics...
Bicycle Sales Doubled Since 2014 To EUR82M Last Year
Bicycle sales reached EUR82 million in Romania last year, an increase of 37% on 2015. Moreover, the market doubled compared with 2014 and is four times bigger than in 2008, the last year of...
APIA: Used Car Registrations Fivefold Higher Than New Car Registrations In Jan-Oct 2017
The number of used car registrations in Romania rose fivefold to nearly 426,000 units in January-October 2017, compared with the number of new car registrations, and is 42% higher than the l...
Enel, Timisoara Airport Launch First Fast-Charging Station for Electrical Vehicles
Energy company Enel Energie and the Timisoara International Airport on Thursday launched the first fast charging station for electrical vehicles located in a Romanian airport.
Romania Seeks EUR35M World Bank Loan to Build Highway
Romania's government on Wednesday adopted a memorandum agreeing to seek a World Bank loan of up to EUR35 million to fund preliminary activities for the construction of a highway section to B...