Automotive
Stroe: Romania Has Become More Competitive Than Poland And Czech Republic
Romania has become more competitive than Poland and Czech Republic in attracting new investment in the automotive industry, believes Constantin Stroe, chairman of the Association of Automoti...
Romanian Operating Leasing Market Nearly Flat In 1q, At 41,700 Vehicles
Romania’s operating leasing market increased by a slight 3.5% in the first quarter of the year, to 41,700 vehicles and is expected to reach around 45,000 vehicles by the end of the year, the...
Romania’s Top Leasing Companies In 2012
UniCredit Tiriac Leasing, which is affiliated to UniCredit Tiriac Bank, last year kept its position as unchallenged leader of the market, with an over 20% share of new financing in 2012. No....
Eurolines Opened 11 Agencies In January-April, Reaching 75 Units Countrywide
Romanian tourism group Eurolines, owned by businessman Dragos Anastasiu, opened 11 agencies in the first four months of the year, reaching a network of 75 agencies countrywide.
Daimler To Invest Over EUR300M In Romania Unit Star Transmission
German group Daimler will invest over EUR300 million in expanding the automatic transmission production for Mercedes-Benz at its Romanian subsidiary in Sebes, central Romania.
Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M
Romania’s government has raised the advertising budget for the sale of railway freight carrier CFR Marfa to RON2.55 million from a previous RON50,000, hoping to attract a large number of pro...
Romanian Consumer Lending Companies Granted EUR512.4M Financing In 2012
Non-banking financial institutions members of the ALB Romania association, which make up for 86% of the local consumer lending market, granted financing of EUR512.4 million last year, the as...
Ford Romania Speeding Towards EUR2B Turnover In 2013
U.S. carmaker Ford will make 80,000 B-Max cars and 250,000 engines at its Romanian Craiova plant.
Romania Earmarks RON400M For Car Tax Refund Claims This Year - Finance Minister
Romania’s Environmental Fund budget this year includes 400 million lei (EUR92 million) to cover refund claims on car taxes, Finance Minister Daniel Chitoiu said Monday.