Automotive
Mogo Romania Enters The Recreational Vehicle Financing Market Through Partnership With ATVRom
Mogo Romania, a company specializing in providing financing for individuals to purchase used vehicles, announces its entry into a new lending segment through a strategic partnership with ATV...
Inter Cars Romania Sees Turnover Rise 19.7% To Nearly RON1.8B in 2023
Automotive parts and accessories wholesaler Inter Cars Romania, part of Polish group Inter Cars, for 2023 reported turnover worth around RON1.8 billion (EUR363.5 million), up 19.7% on the ye...
PwC Autofacts: New Car Sales in Romania Set to Edge Up by 1.7% in 2024 for Passenger Cars and 0.6% for Commercial Vehicles
Passenger car sales with rise by 1.7% in Romania in 2024 yearly, and those of light commercial vehicles will inch up by 0.6%, reveals PwC Autofacts report drawn up in Romania, Poland, Czechi...
Top Five Rolling Stock Makers In Romania See Revenue Up 56% YoY To RON3B In 2023
The five largest rolling stock manufacturers in Romania posted about RON3 billion revenue in 2023, an increase of 56% on 2022, ZF has calculated from Finance Ministry data.
Car Parts Maker VCST Close To EUR40M Turnover In 2023
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, ended 2023 with a turnover of RON194.8 million (EUR39.4 million), up 18.1% from...
ACAROM: New Car Registrations In Romania Up Nearly 15% YoY In May 2024, To 15,700 Units
New car registrations in Romania increased by nearly 15% in May 2024 against the same month of 2023, up to 15,700 units, in line with data provided by Romanian carmakers’ association ACAROM.
Ford Otosan Puts CEO Of Truck Plant In Türkiye In Charge Of Craiova Operation
Fırat Elhüseyni will be appointed President and CEO of Ford Otosan Craiova, effective June 1, replacing Müjdat Tiryaki, who will take on new responsibilities at the company's headquarters in...
Automobile Dacia 2023 Turnover Up 1% To over EUR5.2B, Profit Flat at EUR107M
The turnover of carmaker Automobile Dacia climbed by 1% in 2023, to EUR5.259 billion. The company’s net profit was unchanged at EUR107 million, while the number of employees went down from a...
Garanti BBVA Romania To Contribute EUR48M To Syndicated Loan Of EUR435M Contracted By Ford Otosan Romania
Garanti BBVA Romania will contribute EUR48 million to the syndicated loan of EUR435 million contracted by Ford Otosan Romania.