Automotive
Dolo Trans Olimp Reports 42% Higher Turnover, Of RON581M, For 2022
Trucking company Dolo Trans Olimp (DTO), controlled by entrepreneur Cristian Dolofan, ended 2022 with a turnover of RON581 million, compared to RON407 million in 2021, as per finance ministr...
ACAROM: New Car Registrations In Romania Up 23% YoY To 87,275 Units In January-July 2023
New car registrations in Romania increased by 23% on the year to a total 87,275 units in January-July 2023, data from the association of automotive manufacturers in Romania (ACAROM) showed o...
WDP Buys 20,000-Sqm Warehouse In Mioveni From Automotive Industry Supplier
Industrial space and logistics developer WDP bought, in the first half of 2023, a warehouse in Mioveni under a sale-and-lease-back contract through which the seller remained tenant in the sp...
Unix Auto 2022 Turnover Up 11.3% To over RON359M
Car parts wholesaler Unix Auto of Cluj-Napoca, controlled by entrepreneur Zombori Antal, for 2022 reported turnover of RON359.1 million (EUR72.8 million), up 11.3% from the previous year, in...
Tire Maker Michelin Overshoots RON5B Turnover Mark In 2022, Up 23% YoY
Michelin Romania, part of the French Michelin Group, one of the world's largest tire manufacturers, ended 2022 with a turnover of RON5.178 billion (over EUR1 billion), up 23% from RON4.213 b...
TRW Automotive Safety Systems' 2022 Net Profit Grows 10.5% YoY To Over RON61M
Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, had a net profit of RON61.1 million (EUR12.4 million) in 2022, up 10.5% from RON55.3 million (EUR11.3 million)...
Faist 2022 Turnover Down 4% To RON282.9M
Telecom infrastructure and automotive parts provider Faist Mekatronic, part of British group Faist, reported turnover of RON282.9 million (EUR57.4 million) for 2022, down around 4% on the ye...
Law Firm Musat & Asociatii Assisted Geely On Romanian Legal Matters In Joint Venture Deal With Renault
Law firm Musat & Asociatii advised China’s Geely Holding Group and Geely Automobile Holdings Limited on the Romanian legal matters of a joint venture agreement with the Renault Groupe for a...
Coindu Romania Returns To Profit In 2022, With Net Result Of RON16.5M
Car parts manufacturer Coindu Romania, part of Portuguese group Coindu, returned to profit in 2022, reporting a net result of RON16.5 million (EUR3.3 million) from a net loss of RON748,307 (...