Automotive
Continental Invests EUR10.5M In Tire Factory To Reduce Smell
The Continental tire factory in Timisoara, western Romania, invested EUR10.5 million in a system that reduces the smells eliminated in the production process.
Truck Sales Up Almost 30% In January-April
Sales of trucks (over 18-ton utility vehicles) rose by almost 30%, to 1,800 units in the first four months of the year, according to the Automotive Manufacturers and Importers Association (A...
Bosch Targets 12-15% Growth In Turnover In Romania This Year
German group Bosch targets a turnover growth of 2-15% in Romania this year, from EUR210 million last year, Robert Bosch SRL general manager Mihai Boldijar told a news conference Thursday.
UniCredit Leasing Financing Grew 31% In 1Q, To EUR69.8M
UniCredit Leasing financed assets of EUR69.8 million in the first quarter, up 31% compared to the same quarter last year, as commercial and utility vehicles made up nearly half of the compan...
Romania Makes Almost Half A Million Bikes A Year
Romania has become one of the largest European bicycle and bicycle parts manufacturers, with international giants like Decathlon and Mavic making more and more finished products and subassem...
Compact MPV Segment Sees Highest Growth In January-April
The compact multipurpose vehicle segment saw the highest increase in sales in the first four months of this year, more than 75% on the year-ago period, car dealers say.
Dacia Supports Measures To Boost New Car Market But Has Not Asked For Zero VAT
Automobile Dacia, owned by French group Renault, is encouraging all measures which trigger the growth of new car market, but the company has not asked the Romanian government for zero value-...
Tiriac In Talks With Tariceanu Over Ford Center In Baneasa
Tiriac group is in talks to rent the Ford center in Metro Baneasa area, held by Automotive Trading Services (ATS), the dealer of the brand in the northern part of Bucharest.
CNADNR Signs EUR6.4M Contract To Revise Feasibility Study Of Targu Mures – Ditrau Highway
Romania’s roads authority CNADNR on Wednesday signed with the association Aecom Ingenieria – Consitrans – Search Corporation a services contract for the revision of the feasibility study for...