Automotive
Te-Rox Wants To Get 50% Of Raw Materials From Romania
Te-Rox group, which makes car seats for kids, gets 20% of the necessary raw materials from the Romanian market and wants to get as much as 50% in the coming years, says owner Doina Cepalis.
CFR Marfa Revenue Down 17% In 1H
Romanian state-owned railway freight carrier CFR Marfa posted 363.6 million lei (EUR82 million) revenue in the first semester, down 17% from the same period in 2014 and 8% below the company’...
Draxlmaier’s Romanian Production Facilities Booked For The Next Two Years
German-held automotive component manufacturer Draxlmaier says the worldwide trend of the automotive sector had a positive influence on the business of its plants in Romania so they have the...
Autoliv Posts 23% Sales Growth In H1
Automotive safety systems manufacturer Autoliv Romania, which has five plants in this country, saw sales up 23% to 1.5 billion lei (EUR340 million) in the first half compared with the year-a...
Ford Romania Names New Sales Director
Cristian Prichea has been appointed sales director at Ford Romania, replacing Rafal Krajewski who has been running Ford’s local sales in the last two years.
MHS Truck&Bus Revenue Up 30% In 1H
MHS Truck&Bus, importer of MAN trucks on the local market, posted a revenue of 242 million lei (EUR54.4 million) in the first semester, up 32% compared with the same period a year before, on...
Romaero Baneasa Aims To Break-Even In 2015
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) aims to break-even in 2015, switching from losses of 45 million lei a year before, according to the company’s pr...
Urgent Cargus Eyes 20% Higher Revenue In 2015
Parcel delivery firm Urgent Cargus posted 164.2 million lei (EUR37 million) revenue in the first half, up 21% compared with a year before, mainly driven by the online commerce, the company s...
Timisoara Labor Shortage Solved With Prisoner Help
About 400 prisoners at the Timisoara Penitentiary or more than 40% of the total there are working in production facilities in or outside the prison grounds or even at the plants in the area.