Automotive
EU Auto Sales Up 10% In March, Romanian Dacia Up 50%
New car sales in the European Union increased 10.6% on the year in March, to 1.449 million units, and Renault posted the highest growth, mainly fueled by a rise of more than 50% in Dacia sal...
Romania's Car Production Slightly Down In 1Q
Dacia and Ford assembled 107,573 cars in the first quarter of the year, 0.1% fewer than in the year-ago period, according to the data of the Association of Automotive Manufacturers and Impor...
European Sales Of Ford B-Max, Produced In Romania, Down 11.5% To 16,800 Units In 1Q/2014
Sales of B-Max car model on European markets fell 11.5% in the first three months of 2014, to 16,800 units, according to data provided by U.S. carmaker Ford.
Stroe: Raising Dacia Wages Too Much Would Push Production To Morocco
Wage raises at Dacia’s Mioveni plant by more than 150 lei (EUR34) per month would drive the company into a ‘red’ zone in terms of costs, causing Renault management to relocate production fro...
GEFCO Romania Turnover Rose Over 12% In 2013, To Nearly EUR48M
Transport and logistics company GEFCO Romania, subsidiary of French Group GEFCO, registered sales of EUR47.6 million in 2013, up over 12% from 2012, and its operating profit saw similar grow...
APIA: 1Q Passenger Car Sales Rise 19% On Year To 15,320 Units
Romanian new passenger car sales rose 19.1% to 15,320 vehicles in the first quarter from the year-earlier period, the highest increase since 2007, the Automotive Manufacturers and Importers...
Raiffeisen Leasing Financing Up 15% In 2013, To EUR86.4M
The value of financing granted by Raiffeisen Leasing in 2013 increased 15% on the year, to EUR86.4 million, of which 65% were generated via Raiffeisen Bank, and the leasing company made a pr...
Emirates, With 688 Employees In Romania, Starts New Recruitment Phase
Emirates, headquartered in Dubai, designated as the airline of 2013, is the foreign-held airline boasting the highest number of Romanian employees, according to market data, and is now ready...
Uninsured Motorists Cause RON30M Worth Of Damage A Year
Street Victims Protection Fund (FPVS), an association of local insurers that compensates the victims of car accidents caused by unknown perpetrators or by uninsured motorists, settled 30.3 m...