Automotive
Wiring Manufacturer Hirschmann Automotive Ends 2023 with RON849.8M Turnover, Up 25.7% YOY
Wiring and automotive applications manufacturer Hirschmann Automotive TM, the local subsidiary of Austria’s Hirschmann Automotive in 2023 registered turnover worth RON849.8 million (EUR171.8...
New Car Registrations in Romania Up 4.3% To over 115,000 Units in Jan-Sept 2024 YOY
New passenger car registrations in Romania rose by 4.3% in January-September 2024 against the same period of last year, to 115,509 units, while at EU level the number of new car registration...
Car Parts Maker Aptiv Sees Net Profit Rise 2.8 Times in 2023
Car parts manufacturer Aptiv Technology Services & Solutions in 2023 registered turnover worth RON1.569 billion (EUR317.2 million), 2.3 times higher than in 2022, in line with ZF calculation...
Fujikura Automotive Romania Doubles Profit in 2023
Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of Japanese group Fujikura, for 2023 reported turnover worth RON103.5 million (EUR20.9 million), up 3.85 from...
Schaeffler Romania Sends To Furlough Notices To Employees In Brasov
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, is planning to implement a number of cost cutting solutions soon, as four years after the pandemic, the automotive ind...
EY: Global Demand For EVs Slows Amid Consumer Concerns Over Lack Of Charging Infrastructure
Global demand for electric vehicles (EVs) has slowed, and for prospective EV buyers, the main concern is a lack of charging infrastructure, according to the fifth annual EY Global Mobility C...
New Car Registrations in Romania Up 8% To over 100,000 Units in Jan-August 2024 YOY
New car registrations in Romania rose by 8% in January-August 2024 against the same period of last year, to 106,534 units, while at EU level, new car registrations went up by 1.4% to 7,180,4...
Schaeffler Puts Marius Pricop In Charge Of Romanian Subsidiary
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, announced appointment of Marius Pricop as managing director as of September 2024. Pricop already holds the position of...
Wiring Maker E-Cablaje Sees EUR15.5M Revenue In 2023
Automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, posted RON76.7 million (EUR15.5 million) revenue in 2023, an incre...