Automotive
Romania New Car Registrations Drop Below EU Average In 1Q
New car registrations in Romania declined 11.3% in the first quarter of the year, to 12,387 units, a stronger decline that the EU market’s decline of 9.8%, to 2.99 million cars.
From Almost 30 In Early ‘90s, Romania Has Only 8 Farming Equipment Manufacturers Left
The Romanian industry of farming equipment relies on just eight manufacturers, while 23 years ago, when communism collapsed, there were almost 30 manufacturers, says Ion Pirna, general manag...
Five Second Hand Cars For Every New One Registered In 1Q
New car registrations fell 20% to 11,200 units in the first quarter on the year-ago period, according to the Driving License and Vehicle Registration Department (DRPCIV).
DAF Truck Importer Expects Sales To Double In 2013
Romanian DAF truck importer and dealer EVW Holding expects to sell about 1,300 units this year, double as many as in 2012.
Dacia’s Sales Fell 3% On Year To RON12.7B In 2012
Romanian carmaker Automobile Dacia, owned by French group Renault, registered turnover of 12.74 billion lei (EUR2.9 billion) last year, down 3.3% from RON13.17 billion in 2011, while its net...
Carmaker Dacia, Unionists Agree On Pay Rise
Unionists of Romanian carmaker Dacia and the management of the company Tuesday agreed to a 6% increase of the wage fund starting May 2013.
Renault Truck Defense, MFA Mizil Cooperate In Military Vehicle Production
French military technology producer Renault Truck Defense, part of Swedish group Volvo, Tuesday signed a memorandum with Romanian company MFA Mizil to cooperate in the production and sale of...
Federal-Mogul: Romania’s Car Parts Market Stable At Around EUR1B
Romania’s car parts market will remain stable this year at around EUR1 billion, according to estimates by the Romanian office of American auto parts supplier Federal Mogul.
CFR Shareholders Appoint New Managing Board
The shareholders of Romanian state-owned railway operator CFR SA Monday appointed a new Managing Board, which includes Sorin Mindrutescu (Oracle Romania CEO), Peter Weiss (former head of Ban...