Automotive
Ten Largest Transporters And Logistic Operators In Romania Posted EUR1B Turnover In 2012
The ten largest transport firms and the ten largest logistics companies in Romania posted cumulated turnover of nearly EUR1 billion in 2012, in a business sector where contracts with multina...
Daimler Gets EUR37.4M State Aid To Build Automatic Transmission Plant In C Romania
Star Assembly, held by German group Daimler, has received state aid of EUR37.4 million for the construction of an automatic transmission production facility in Sebes, in Romania’s central co...
APIA: Passenger Car Sales Down To 43,324 Units In January-September
Romanian new passenger car sales fell 9.8% on the year to 43,324 units in the January-September period, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday.
Dacia Registrations In EU Up Over 20% In January-September
Registrations of new Dacia cars in the European Union climbed 20.6% in the first nine months of 2013 to 211,419 units, while the overall EU car market shrank 3.9% to 9 million units, the Eur...
Ford Saves Craiova Plant With Engines Meant For North America And Asia
Ford’s engine production at its Romanian plant is accelerating to over 1,000 units per day, driven by exports outside Europe, while car production at the plant is affected by the declining c...
Electroputere To Lay Off 150 Staff In Next 6 Months
Romanian power transformers producer Electroputere Craiova (EPT.RO) Tuesday announced plans to lay off 150 employees within the next six months, equal to almost 20% of its current staff.
Renault Truck Defence And MFA Mizil Sign MoU For Military Vehicle Production
French military technology producer Renault Truck Defence and Romanian company MFA Mizil on Tuesday said they signed a memorandum of understanding (MoU) for the production of military trucks...
Carrier Dunca Expeditii Expects 10% Revenue Growth, Lower Profit In 2013
Dunca Expeditii, one of the largest trucking companies in Romania, will end the year with EUR36 million revenue, up 10% on 2012, while net profit would be lower because of the fuel price hik...
AutoItalia CEO Sees Car Sales On Downward Trend In 2013 And 2014
The auto market, both in Europe and in Romania, will continue its decline in 2013 and in 2014, as car sales are affected by the difficult economic context, said Israel Meir, chief executive...