Automotive
Bucharest Airport Company May Be Listed On Bucharest Stock Exchange Ahead Of Hidroelectrica
The Bucharest National Airport Company (CNAB), held by the Romanian state through the Transport Ministry (80%) and investment fun Fondul Proprietatea (20%), could be listed on the Bucharest...
Michelin Group Invests EUR60M In Michelin Zalau Cord Plant
Michelin group will invest EUR60 million in the metallic cord plant Michelin Zalau Cord in Zalau town, northwestern Romania, thus creating 140 jobs and increasing production capacity by 50%,...
Honda Trading Romania Relies On Multi-Brand Dealers Only For Sales
Honda Trading Romania, the local representative of the Japanese brand, has relied on multi-brand dealers for expansion throughout the country in the past three years, dropping those that onl...
Draexlmaier Closes First Plant Opened In Romania, Sheds 800 Jobs
Draexlmaier, one of the largest German investors in Romania, which has more than 15,000 employees in the country at the moment, has announced it will close the production faiclity in Pitesti...
Daimler Posts EUR410M Turnover In Romania In 2016
Star Transmission and Star Assembly, subsidiaries of German group Daimler in Romania, reported a turnover of EUR140 million in 2016, according to preliminary data, following investments of E...
Daimler Invests EUR36M In New Unit In Cugir
Star Transmission, the subsidiary of German group Daimler in Romania, has invested EUR36 million in opening a new production unit in Cugir (Alba County), that produces planetary gears for it...
Dacia Registrations In EU Up 10.2% In January-February 2017
New registrations of Dacia cars in the European Union rose 10.2% to 65,624 units in January-February 2017, while Renault’s cars ranked third by the number of new registrations after VW and P...
Dacia’s Mechanical And Chassis Factory Made 1 Mln Energy TCE 90 Engines
The Mechanical and Chassis factory in Mioveni of Renault-owned carmaker Dacia has manufactured one million Energy TCE 90 engines from July 2012 to date, the company said in a statement.
Continental Powertrain Romania Seeks To Employ 180 People At Car Parts Plant In Brasov
Continental Powertrain Romania, the local division of German concern Continental started a campaign to recruit more than 180 people at its car parts factory in Brasov (central Romania).