Automotive
Autoitalia Likely To Start Chery Imports Locally
Autoitalia, the importer of Fiat, Jeep, Alfa Romeo and Chinese brand Leapmotor, is likely to also start Chery imports locally, in line with car market sources.
Dumagas Enters German Market, Aims For EUR20M Revenue
Dumagas Transport, which was taken over by Omnia Capital two years ago, has entered the international market with a fast-paced expansion to Germany, where it made its first shipment eight mo...
APAN Group Invests EUR5M In Porsche Service Center In Iasi
The APAN Group, one of the largest car dealers in Moldavia, has invested EUR5 million in a Porsche service facility in Iasi, the third in the country, after Bucharest and Timisoara.
BMW TechWorks Romania Triples Headcount
BMW TechWorks Romania, a tech hub developing products and services for the car giant, is marking a significant stage in its evolution, reaching a total number of over 350 employees, up from...
Ion Tiriac In Talks with BYD for Bucharest Car Dealership
BYD, the Chinese car giant expanding on the European market, is in talks with Tiriac Auto, the largest dealership network locally, for a showroom in Bucharest.
Nokian Tyres Oradea Plant Starts Delivery Of Tires
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach customers and consumers in Central Europe...
Optibelt Power Transmission Expects About EUR63M Revenue In 2025
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as in 2024, when it stood at RON317.3 million (EU...
Eckerle Automotive Swings To RON1.9M Loss In 2024
Car parts supplier Eckerle Automotive, the Romanian subsidiary of Germany’s Eckerle, switched to loss in 2024, reporting a negative result of RON1.9 million (EUR387,800), compared with a net...
Deloitte: Consumer Interest In Electric Vehicles Declines In Favor Of ICE Cars
Consumer interest in electric vehicles (EVs) continues to decline in the world’s largest markets, in favor of the internal combustion engines (ICE), that are gaining ground in consumer prefe...