Automotive
Romania Will Open Only 10 Kilometers Of Highway In 2015
Romania will only open 10 kilometers of highway this year, between Pecica and Arad, after having started no new highway construction site in 2012 and 2013. The reason is the procrastination...
Will Dacia Remain Largest Company In Romania By Revenue?
Automobile Dacia became the largest company in Romania by revenue for the first time in 2013, thanks to its 18.4 billion lei sales (EUR4.09 billion). What are the carmaker’s chances of retai...
Dacia Sales In EU Amount To Over 300,000 Cars For First Time Ever
Dacia's registrations on the European market are headed towards growth of over 25% in 2014, according to the data centralized by left-lane.com, to a volume of more than 365,000 units.
Seat: Dealer Team-Ups, The Next Step On Romanian Market After Takeovers
Car dealers will team up after recent years’ acquisitions to slash costs and adapt to the lower market volumes compared with the over 300,000 cars sold in 2007 and 2008, and this is one of t...
Romania Attracted EUR1.12B Via EU-Funded Transport Program In 2014; Absorption Rate At 58.5%
Romania will end 2014 with an absorption rate of 58.55%, meaning EUR1.128 billion, through the EU-funded operational program for Transport, higher by EUR100 million than the forecasted targe...
Bekaert Group Completes Acquisition Of Pirelli’s Majority Stake In Slatina Plant
Belgian group Bekaert has completed the acquisition of Pirelli’s steel cord production units in Romania, Italy and Brazil, the group said in a statement.
Roads Authority Expects To Pay Over EUR110M To Upgrade Maramures-Suceava Road
Romania's roads authority CNADNR wants to modernize a 90 km section of Natioanl Road 18, between Maramures and Suceava, for up to EUR113 million, VAT included.
Brassai, Ford: Money’s Cheap In Europe Now, Romania Should Start Funding Car Purchases
The local auto market needs its potential customers to be able to get funding in order to grow the sales volumes towards the 2007-2008 level of more than 300,000 vehicles.
APIA: Romania Car Sales Up 23.4% To 76,525 Units In January-November
Romanian new passenger car sales rose 23.4% on the year to 76,525 units in January-November, the Automotive Manufacturers and Importers Association, or APIA, said Thursday.