Automotive
Romanian Entrepreneur Jean Drugescu Invests EUR42M in Plastics Plant to Deliver to Renault
MP Industry, part of MEN Industry Group, a company controlled by Romanian entrepreneur Jean Drugescu, has invested almost EUR42 million in Tangiers, the city where Renault Group owns a plant...
Renault Commercial Roumanie Could Lose Nissan Brand As Of June 1, 2025
The imports of the Nissan brand could go to a new consortium as of June 1, 2025, sources on the Romanian auto market say.
Ford Otosan Craiova Overshoots 200,000 Assembled Cars Mark, Boasts Record October
Craiova-based Ford Otosan plant in October hit an all-time production level, with more than 27,600 cars assembled in a single month, in line with ACAROM data.
New Car Registrations in Romania Up 5.4% YOY in Jan-Oct 2024 To over 127,000 Units
New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units, while at EU level they merely edged up by 0.7%...
Compa Sibiu Profit Halves To RON5M, Revenue Down 20% In 9M 2024
Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level.
Statistics Board: New Passenger Vehicle Registrations In Romania Up 4.7% YoY In Q3/2024
New registrations of road vehicles for passenger transport increased by 4.7% in the third quarter of 2024 compared to the third quarter of 2023, data from the country’s statistics institute...
New Car Registrations Up 1.4% YoY To 11,552 Units In October 2024
New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show.
Premiere in Romania: Ford Otosan Set to Assemble in Craiova Batteries for the New Puma Gen-E and Electric Versions of Transit and Tourneo Courier
Ford Otosan Craiova yesterday opened the new battery assembly line set to support the production of EVs due to enter production in the coming period in Romania, as part of the EUR490 million...
Kromberg & Schubert Romania Reports RON274.8M Turnover For 2023, Up 56% YoY
Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 5...