Automotive
Kromberg & Schubert To Extend Production Capacity At Romanian Automotive Cable Harnesses Plant
German manufacturer Kromberg & Schubert will extend the production capacity at its Romanian automotive cable harnesses plant in Nadab (Arad county), starting January, with an industrial hall...
Rolls-Royce Cars And MAN Trucks, Automobile Bavaria's Growth Drivers
The luxury Rolls-Royce cars sold via the Munich-based dealer and the MAN trucks sold in Romania generated the highest growth of the entire Automobile Bavaria group of businessman Michael Sch...
Dacia Sales In Germany Up 7.7% In January-November
New registrations of Dacia cars in Germany increased 7.7% on the year in the first 11 months of 2014, to 45.121 units, an almost triple growth rate compared to the overall German car market...
Dacia Sales In UK Declined 14.6% In November, Rose 48% In January-November
Sales of new Dacia cars in the UK declined 14.66% on the year in November, to 1,729 units, but increased 48.08% in January-November, to 22,359 units.
Romania Fails To Pave The Last Dirt National Road With Asphalt
Romania’s road authority CNADNR paid 16 billion lei for national road projects during the 2008-2014 period and during the same interval repaired 2,900 kilometers of such roads, that is less...
Romanian Operating Leasing Market Seen Up 15% In 2014, Above Expectations
Romania's operating leasing market will grow this year by 15% to approximately 50,000 units, above the initial expectations of 45,000 units, Daniel Ivan, Fleet Management Services general ma...
Romania’s Competition Council Clears Takeover Of Tire Distributor Ihle By Michelin
Romania’s Competition Council has approved the transaction whereby French group Michelin took over, via a company it holds in Germany, tire distributor Ihle Holding also registered in German...
Uber Considers Romanian Market As Part Of Aggressive Expansion Plan
US company Uber, which provides transport services through a smartphone application connecting passengers and drivers, mulls entering the Romanian market as part of an aggressive expansion p...
Lazar Group Bets On Growth For Next Year And Plans To Build Railroad Terminal
Lazar group based in Pitesti, one of the largest road transportation businesses in Romania, will end this year with EUR94 million revenue, slightly up on last year and founder Ion Lazar hope...