Automotive
Sixt Wants To Teach Romanians To Share A Car
Sixt, one of the largest rent-a-car businesses in the world, plans to expand the DriveNow car sharing service developed in partnership with the BMW Group to Central and Eastern Europe, inclu...
APIA: Romanian Car Market Up 18% In 1H
The Romanian auto market rose 17.9% in annual terms in the first half of the year, as sales of cars and commercial vehicles reached 55,440 units, while car sales alone increased 16.2%, the A...
Ford Romania’s Revenue Down 17% In 2014
Ford Romania, the second most important carmaker in Romania, posted EUR912 million revenue last year, down 17% on 2013, according to Finance Ministry data.
Government Connects Transylvania To Budapest Instead Of Bucharest By Highway
For the first time ever Timisoara and Arad (western Romania) are connected by a highway to a European capital as of Saturday, but that capital is not Romania’s but Hungary’s.
Premium Car Brand Customers Start Looking At Electric Cars
As sales of premium and luxury cars such as Mercedes-Benz and Bentley are rising year by year, people looking to buy exclusive cars in Romania are shifting to electric luxury cars in order t...
Emerson Romania’s Revenue Up 21% In 2014, Starts Production At Oradea Plant
Emerson Romania, part of US group Emerson, posted revenue of 546.3 million lei (nearly EUR123 million) in 2014, up 21% compared with 2013, on transferring to Cluj-Na¬poca some additional bus...
EC Adopts 2014-2020 Large Infrastructure Program For Romania, Worth Nearly EUR9.5B
The European Commission on Friday adopted the 2014 2020 Large Infrastructure Operational Program (LIOP) for Romania, an investment package worth nearly EUR9.5 billion from the EU Regional Fu...
Schindler Romania’s Revenue Declines For 4th Consecutive Year
Schindler Romania, the local unit of Swiss elevator and escalator producer posted revenue of 59.1 million lei (nearly EUR13.4 million) in 2014, down 15% from a year before, being the fourth...
New Car Registrations Reach Five-Year Monthly Peak
New car registrations rose by almost 25% to 8,630 units in June, according to the Driver License and Vehicle Registration Department (DRPCIV) data.