Automotive
ACAROM: New Car Registrations In Romania Up Nearly 10% YoY To 141.788 Units In 2023
New car registrations in Romania increased by 9.6% to 141,788 units in 2023, of which 45,280 were Dacia vehicles, 13% more on the year, in line with data from Romanian carmakers’ association...
Timisoara City Hall Buys 17 Trams via PNRR from Turkey’s Bozankaya in EUR33M Contract
Boozankaya, a Turkish public transport vehicle producer, has sealed a contract with Timisoara city hall for the delivery of 17 trams around 30 meter long and with a total transport capacity...
China's KSHG Auto Harness Further Expands In Romania, With Another 13,000 Sqm In CTPark Deva II
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased a new area of 13,000 square meters of production sp...
Mobility Company Autonom Set To Buy More And More Electric And Hybrid Vehicles
Mobility company Autonom has an annual minimum investment budget of EUR60 million and plans that 13% of the about 3,000 cars it buys a year to be electric and hybrid vehicles in 2024, Autono...
Visual Fan Branches Out Into Electric Cars
Visual Fan (ALW.RO), the company behind the Allview brand, has entered the electric car market with the CityZEN model, a vehicle designed to be used in urban traffic and for short trips outs...
UAMT Oradea To Contract RON5M Loan From Exim Banca Romaneasca For Working Capital
Romanian car parts maker UAMT Oradea (UAM.RO) on Monday (Dec 11) informed the local capital market in a stock market report about the decision of the Board of Directors as regards contractin...
PepsiCo Says 80% Of Its Romanian Fleet Replaced With Hybrid Vehicles
PepsiCo, a global leader in the food and beverage industry, announces 80% of its Romanian fleet has transitioned to hybrid vehicles, marking progress in line with the company’s goal to achie...
Preh Romania Posts EUR195M Revenue In Jan-Sep
Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, posted EUR195 million revenue in the first nine months of this year and expects to end 2023 with E...
New Car Registrations Up 13.4% To 132,538 Units In January-November
New car registrations stood at 132,538 in January–November, an increase of 13.4% on the year-ago period’s 116,891 units.