Automotive
Bosch To Open Automotive Sensor Plant In Blaj Saturday
German group Bosch will inaugurate an automotive sensor plant in Blaj, central Romania, on June 8, following an investment of EUR50 million.
Only Two Bidders Left In Race For CFR Marfa Privatization
Romania’s Transport Ministry said Thursday that only two bidders have remained in the race for the planned sale of a 51% stake in state-run freight railway carrier CFR Marfa.
Altur Seeks EUR12M Loan To Refinance Debt
Romanian car parts maker Altur Slatina (ALT.RO) Thursday proposed taking out a loan of up to EUR12 million from Raiffeisen Bank to refinance an accounts receivable credit program and write o...
How Much Managers In Car Part Industry Earn
Production, quality and financial managers in the car part sector earn net income of over EUR2,000 per month, shows data of real estate consultancy Jones Lang LaSalle.
Romania Receives 3 Non-binding Bids For CFR Marfa Privatization
Romania’s Transport Ministry has received three non-binding bids for the planned sale of a 51% stake in state-run freight rail company CFR Marfa, Transport Minister Relu Fenechiu said Wednes...
Romania To Sell IAR Ghimbav, Avioane Craiova And Romaero Baneasa
Romania’s Economy Ministry will start procedures for the privatization of state-run aerospace companies IAR Ghimbav, Avioane Craiova and Romaero Baneasa, Economy Minister Varujan Vosganian s...
Dacia Car Registrations In Germany Up 9.3% In January-May, To 18,802 Units
Romanian carmaker Dacia’s new car registrations in Germany increased 9.3% on the year to 18,802 units in the first five months of 2013, while the German car market fell 8.8% to 1.22 million...
Auto Manufacturers: Authorities Promise Infrastructure Projects, But Fail To Carry Them Out In Time
The slow development of infrastructure is one of the main reasons why Romania does not get more investments from car part manufacturers, along with the fact that authorities promise infrastr...
Opel Romania GM: Investors Still Interested In Romanian Car Industry
Investors are still interested in the Romanian car market, while most of them are already present in the local car industry with older projects, Opel Romania general manager Cristian Milea s...