Automotive
German Group Preh Opens Representative Office In Iasi
German car part maker Preh, a supplier of Porsche, Daimler, Audi or BMW, will open next week a representative office in Iasi city, eastern Romania, with 50 employees.
Competition Council Clears Takeover Of Hornschich Group GmbH By ContiTech AG
Romania’s Competition Council has approved the transaction whereby ContiTech AG, Germany, is acquiring Hornschuch Group GmbH, Germany.
Blue Air To Launch New Routes From Bucharest, Iasi And Liverpool As Of June 15
Romanian-held airline Blue Air will start operating two new flights from Bucharest to Helsinki and Oslo, there new flights from Iasi to Florence, Glasgow and Milano Bergamo, as well as the L...
Euro Insurance DAC Enters Romanian RCA Market
Euro Insurance DAC (LeasePlan Insurance), part of Irish group LeasePlan Corporation, was authorized by Romania’s Financial Supervisory Authority (ASF) to sell automobile liability insurance...
Tractor Maker IRUM Reghin Sales Up 15% In 2016
Forestry and agricultural machinery manufacturer IRUM Reghin, held by the Oltean family, announced a 15% increase in revenue in 2016 compared with 2015, when it posted 68.2 million lei (EUR1...
Croatia Airlines Taps Romanian Market
Airliner Croatia Airlines will enter the Romanian market by operating flights from Romania's capital Bucharest to five destinations in Croatia, namely, Zagreb, Split, Pula, Dubrovnik and Zad...
Balaban, CBRE: Romania Attracts More And More Automotive Investments
The already existing infrastructure and the connection to Western Europe along with higher education institutions and already developed supplier network in Timisoara, Sibiu, Brasov and Orade...
Esop Consulting Assists U.S. Firm Harman In Leasing 7,700 Sqm Within Immofinanz’s Metroffice
Harman, an American company that designs and engineers connected products for automakers, consumers and enterprises worldwide, signed a lease contract for 7,700 square meters in Metroffice o...
Honda Trading Romania Sales Up 34% In 2016
Sales of Honda Trading Romania rose 34% on the year in 2016, on a market seeing an average increase of 17%.