Automotive
Iproeb Bistrita 9-Month Turnover Down 26.3% On Year, To RON63.9M
Romanian cable maker Iproeb Bistrita (IPRU.RO) on Wednesday said its turnover fell 26.3% to 63.96 million lei (EUR14.4 million) and its net profit declined more than six-fold to nearly RON80...
Romania’s Public Institutions Re-Allowed To Buy Cars
The Romanian Government re-allowed the institutions and public authorities to purchase cars regardless of the cash-for-clunkers program, the vehicles being compelled to have an engine of max...
Dacia To Make Three New Models, Including A Station Wagon And A Pick-Up
Romania’s Automobile Dacia, part of France’s Renault, will be making three new models, including a station wagon and a pick-up truck, after launching new versions for the Logan, Sandero and...
Luxury Car Brands Up, Volume Brands Down Again In First Ten Months
Almost all premium and luxury car brands posted double or triple-digit growth in the first ten months of the year, while volume brands continued to decline because of an almost non-existing...
Romanian Shipyard Orsova 9-Month Revenues Up 11% On Year, To Nearly RON53M
Romanian shipyard Santierul Naval Orsova (SNO.RO) on Monday reported a 11% increase in revenues to 52.9 million lei (EUR11.9 million) and a 48% rise in net profit to RON891,000 on the year i...
Compa Sibiu 9-Month Net Profit Rises To RON21.2M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) Monday said its net profit rose 70% to 21.2 million lei (EUR4.7 million) in the first nine months, from RON12.5 million in the year-earli...
UAMT Oradea Net Profit Rises To RON1.8M In January-September
Romanian car parts maker UAMT Oradea (UAM.RO) Monday said its net profit rose eightfold on the year to 1.82 million lei (EUR0.4 million) in the first nine months, fueled by higher sales.
New Logan, Renault’s EUR10B Bet
The second generation of the low-cost model initially designed for emerging markets in Eastern Europe and North Africa, Logan, will account for one third of Renault’s annual production of 2....
Protruck Center Seeks Strategic Investor
Protruck Center, a dealer of Iveco commercial utility vehicles and New Holland construction equipment in Romania, is considering bringing a strategic investor onboard, said the company’s maj...