Automotive
Hella Romania Saw EUR190.5M Revenue Last Year
German-held automotive component manufacturer Hella posted EUR190.5 million (845 million lei) revenue in Romania in the fiscal year ended May 2014.
Yazaki To Invest EUR2M In Extending Arad-Based Plant
Japan’s car part manufacturer Yazaki will extend its Arad-based plant by 4,000 square meters by July, following EUR2 million investments, Yazaki Component Technology said in a statement.
Softronic To Assemble Locomotives In Hungary In Partnership With Local Company
Craiova-based rolling stock manufacturer Softronic has signed an agreement with Hungary’s LAC Holding to create a joint venture and begin production of locomotives in Hungary. Softronic will...
Romania’s Auto Market Grew In 2014 After Six Years Of Decline; Sales Topped 100,000 Cars
Romania’s auto market grew in 2014 after six years of steep declines, witnessing a 21.5% increase in sales of cars and commercial vehicles, to 100,330 units, but figures are still far from t...
Romanian Automotive Industry Added EUR10 Billion In Five Years
Romania’s car industry climbed from revenue worth EUR8 billion in 2009 to EUR18 billion in 2014, according to data provided by the association of automotive manufacturers in Romania ACAROM.
Pharma, Transport, Real Estate And Construction Firms Most Prone To Insolvency This Year
Companies in the pharmaceutical industry, transport companies, real estate and construction firms are most prone to insolvency this year, as over 3,000 businesses in these sectors face major...
Romania To See New Automotive And Energy Investments In Next 2 Or 3 Years
The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major compa...
Roads Authority Targets RON5.5B Investments In 2015
Romania's roads authority CNADNR has budgeted investment costs of RON5.49 billion in 2015, up 2.3-fold compared to the amount budgeted for 2014, and expects to end 2015 with 6,491 employees,...
Ford Dealer In Romania: Sales To Individuals Paying Cash On The Rise
Car purchases by individuals rose by 20% last year, in line with the market, with a trend of buyers paying cash in the detriment of classical products, such as bank loans. In the case of leg...