Automotive
Continental Revenue Up To EUR2.7B In Romania In 2016
The Continental group, the largest automotive component manufacturer in Romania, ended last year with almost 20% growth in revenue to 12 billion lei (EUR2.66 billion), the group said.
Car Exports Contribute One Fifth Of Romania’s Exports
Export of cars without including components contributes one fifth of Romania’s exports alone. The trend by sectors varies greatly, with exports of coal down 96% while exports of electrical e...
Aerostar 1Q Profit Falls Nearly 34% To RON11M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday reported a 33.7% decline in profit, to RON11 million, and a 7.8% decrease in turnover, to RON74.8 million, on...
ASLO: Operating Leasing Vehicles Made Up 16% Of New Car Registrations In 1Q/2017, Vs 13.3% In 2016
Operating leasing companies registered 4,300 vehicles in the first quarter of 2017, accounting for 16% of total new registrations of approximately 26,000 vehicles and light commercial vehicl...
RCR Expects One In Four Dusters Sold This Year To Sport Automatic Transmission
The sales of Duster SUV on the local and European market will be driven by the six-speed automatic EDC dual clutch transmission version, says Hakim Boutehra, the new general manager of Renau...
Business Lease Romania Raises Share Capital, Opens New Center in Cluj
Business Lease Group, a Dutch company specializing in offering full mobility solutions to companies in Central and Eastern Europe, will open a new center in Cluj, its second after its headqu...
ACEA: 11 Electric And 392 Hybrid Vehicles Registered In Romania In 1Q/2017
The number of new electric vehicles registered in the European Union rose 30% in the first quarter of 2017, to 47,196 units, of which 11 units in Romania, double compared with the same perio...
Yazaki To Double Number Of Employees In Timisoara R&D Center
Japanese manufacturer Yazaki Component Technology plans to hire one hundred engineers for its research and development center in Timisoara. Yazaki is looking for software, electronic or mech...
Autovit.ro: Romania’s Auto Market Had, In First 3 Months, The Most Dynamic Quarter In Last 8 Years
Romania’s auto market registered, in January- March 2017, the most dynamic quarter of the last eight years, according to an analysis by Romanian car fair operator Autovit.ro.