Automotive
European Commission Approves Romania’s EUR99.5M State Aid For New Nokian Tyres Plant In Oradea
The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania.
Romania's Competition Council Conducts Checkups At Several Car Repair Shops
Romania's Competition Council has announced in a press statement on August 5 that it conducted unannounced inspections at eight units that carry out car repairs covered under the compulsory...
Statistics Board: New Passenger Vehicle Registrations Surge 17.3% YoY In Q2/2024
New registrations of road vehicles for passenger transport increased by 17.3% in the second quarter of 2024 compared to the second quarter of 2023, data from the country’s statistics institu...
Rolls-Royce To Have Official Showroom in Bucharest, Ahead of Other Capital Cities
Michael Schmidt, who controls MHS Holding, which owns Automobile Bavaria and MHS Truck & Bus in Romania, has started a EUR1 million investment in the first official Rolls Royce official show...
Lear Corporation Romania Sees 14% Growth In Revenue To RON1.642B In 2023
Automotive component manufacturer Lear Corporation Romania, part of US’ Lear Corporation, posted RON1.642 billion (EUR332.1 million) revenue in 2023, an increase of 14% on the previous year’...
Romania Car Output Up 8.6% in H1/2024 To 292,378 Units
Romania car production rose by 8.6% in the first six months of 2024 against the year-earlier period, to a total of 292,378 units, of which 169,990 cars were churned out by Automobile Dacia a...
Car Auction Platform Direktcar.ro Launches In Romania
Direktcar.ro, an auto auction platform Romanians can use to buy or sell cars from wherever they are and five times faster than in any other way, is launching on the Romanian market, the comp...
Germany’s Anton Häring Invests EUR60M in Car Parts Plant in Siret
German car parts supplier Anton Häring is set to invest EUR60 million in the next three years to build a plant in the industrial park of Siret locality, Suceava county, where 600 people will...
Sile Fulga Takes Reins Of Dacia Vehicle Plant
Sile Fulga will become the executive director of the Dacia Vehicle Plant and supervisor of the Mioveni industrial site.