Automotive
Federal-Mogul Invests $20M To Expand Brake Pad Factory In Ploiesti
U.S. Group Federal-Mogul will invest over $20 million in two new production lines at its friction pads factory in Ploiesti, recently taken over from Honeywell.
Aerostar Bacau 9-Month Turnover Up 12% On Year, To RON161M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) Wednesday said its turnover rose 12.4% to 161 million lei (EUR36.2 million) in January-September 2014, from RON143.3 mi...
BCR Leasing Financing Up 95% In First Nine Months, To EUR61M
BCR Leasing financed assets of around EUR61 million in January-September, up 95% on the year, fueled by the auto segment, especially heavy commercial vehicles, where financing tripled.
IAR Ghimbav Revenue Rose 2.6-Fold In January-September, To RON66M
Revenues of Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) increased 2.6-fold in the first nine months of 2014, to RON66 million, from RON25.4 million in th...
CFR Marfa’s Turnover Rises 3% To RON681M, Loss Narrows 87% In First 9 Months
Romanian state-owned railway freight carrier CFR Marfa reported a turnover of RON681.3 million in January-September 2014, up 3% on the year, while its loss narrowed 87% to RON17.7 million, f...
Dacia Registrations In France Up Nearly 20% In January-October, Fastest Rate On Market
Registrations of new Dacia cars in France grew 19.8% on the year in January-October, to 86,890 units, the fastest growth rate on the French auto market, which grew 1.4%, to 1.49 million cars...
Romanians Spent Almost EUR8M On Luxury Cars In January-September
A number of 43 new cars with a price tag of more than EUR100,000 were registered in Romania in the first nine months of this year, according to the Driver's License and Vehicle Registration...
Turbomecanica 9-Month Revenue Up 11% On Year, To RON28.1M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) reported revenue of RON28.1 million in the first nine months of 2014, up 11% from RON25.1 million in the year-earlier period.
Dacia’s Market Share In Europe Rises In 3Q; Renault Posts Higher Revenue
Romanian automaker Dacia increased its market share in Europe by 0.2%, to 2.4%, on the year in the third quarter of 2014, and remains the brand with the highest increase on the European auto...