Automotive
Romanian Shipyard Santierul Naval 2 Mai Posts 30% Higher Profit In 1H/2016, Of RON264.000
Romanian state-owned company Santierul Naval 2 Mai (STNM.RO), partner of Korean group Daewoo within shipyard Santierul Naval Mangalia, reported a net profit of RON264,000 in the first half o...
Romania’s Car Production And Export Down 8% In January-July
In the absence of new models, Romania’s car production dropped 8.2% in the January-July, while exports shrank by 8.4%. These are the most serious declines in a decade and could cause the los...
Romanian Executive Who Ran Porsche Colombia Appointed CEO Of Porsche Malaysia
Alin Tapalaga, the Romanian executive who had run Porsche Colombia, the importer of the VW group brands in the South American country, for five years, last month was put in charge of startin...
WizzAir Inaugurates Operational Base In Sibiu, Launches Four New Routes
Low cost airline WizzAir on Friday said it inaugurated an operational base in Romanian central city of Sibiu and introduced flights to Nuremberg, Munich, Madrid and Milan.
Daimler Opens New Production Unit In Cugir
Star Transmission, the subsidiary of German group Daimler in Romania, continues its development strategy and inaugurated a new production unit in Cugir (Alba County).
APIA: Romanian Auto Market Rose Nearly 15% In January-July 2016
Romania's auto market grew 14.8% in annual terms in January- July 2016, to 75,869 units, in the context in which vehicle sales saw an increase of nearly 13% to over 61,000 units, the Romania...
Top Ten Road Carriers Saw Almost RON3B Revenue In 2015
The ten largest road carriers in Romania, which own thousands of trucks together, posted 2.92 billion lei (EUR655 million) revenue in 2015, an increase of 14% on 2014, according to Finance M...
Mahle To Hire 400 People In Timisoara
German-held Mahle Componente de Motor Timisoara, one of the largest exporters in the Timis County (western Romania) plans to invest a new plant to boost production capacity and meet rising d...
Romanian Transport And Logistics Firm TTS Buys Hungarian Plimsoll
Romanian transport and logistics group Transport Trade Services (TTS), controlled by businessman Mircea Mihailescu, has acquired 51% of the share capital of Hungarian river navigation compan...