Automotive
Smartree: Private Sector Employees Got Higher Wages, Bonuses in 1Q
Employees in the private sector in Romania got 14% higher wages and 6% higher bonuses in the first quarter of 2017 compared with the same period last year, according to the Smartree Workforc...
Romania Ranks Fifth Worldwide By 2017 Flight Price Index
Romania ranks first in terms of short-haul flights, with a cost of EUR2.79 per 100 km for low-cost services and places fifth worldwide (domestic and external flights), according to the surve...
Auto Cobalcescu Headed Towards EUR30M Revenue
Auto Cobalcescu, one of the largest Renault, Dacia and Nissan dealers in Romania, which also became a BMW dealer at the end of 2015, ended last year with EUR19 million revenue and expects gr...
Romania, Among Last In The EU By Inland Freight Transport In 2015
Romania ranks among the last in the European Union regarding inland freight transport, with less than 2,000 tons-kilometers per inhabitant, in 2015, according to data published on Friday by...
UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives
UniCredit Leasing Fleet Management provided operating lease services for two TransMontana electric locomotives manufactured by Softronic-Softrans Craiova, which will be operated for freight...
APIA: New Car Sales Up 12.6% In January-April 2017
New car sales in Romania rose 12.6% on the year in January-April 2017, due to acquisitions by legal entities, accounting for 79% of total acquisitions, according to data provided by the Roma...
Romania’s Auto Industry Up To EUR22B, Faced With Labor Shortage
The automotive industry, which generated EUR22 billion revenue from car and automotive component manufacturing last year, is increasingly attractive to foreign companies, especially because...
Gabriel Sicoe, ACAROM Head: Romania, Second Labor-Exporting Country After Syria
Romania is seen as the second labor-exporting country, after Syria, which triggers the loss of employees’ competences in the country, Gabriel Sicoe, president of the association of automotiv...
Tal Lahav, CEO New Kopel Group: Romania Has Huge Tourism Potential
Romanians will not return to their home country only through wage raises or certain advantages, and the government ought to get more involved in long-term projects, Tal Lahav, CEO of operati...