Automotive
Analysis: Romania's Freight Transport Market Growth Rate Slows Down YoY In H1/2023
Romania's road freight transport market saw a slowdown in growth rate between January and June 2023 compared to the same period of 2022, against the background of a decline in volumes, which...
Belgium's ABEE Set To Build EUR1.4B Electric Vehicle Battery Plant In Eastern Romania
Belgian company Avesta Battery and Energy Engineering (ABEE) plans to build a factory for electric vehicle batteries in the Galati Free Zone, within an investment of EUR1.4 billion, accordin...
Dacia Readying Plant for Duster III and Bigster
Dacia’s Mioveni plant is readying to undergo new transformations as the third generation of Duster model, as well as the future Bigster are set to enter production.
Nidec Oradea Reports RON211.5M Turnover For 2022, Up 27% YoY
The electric motor plant Nidec in Oradea, held by Japan’s Nidec group, reported a turnover of RON211.5 million (EUR42.9 million) for 2022, up 27% from RON166.4 million (EUR33.8 million) in 2...
MMM Autoparts Reaches Over EUR43M In Turnover In 2022 With Its Turda Factory
MMM Autoparts, a producer of hoses for the automotive industry and the local subsidiary of Spain’s MMM Group, reported a turnover of almost RON215 million (EUR43.6 million) for 2022, up 22.6...
Romania Ranks 14th In The EU With 60.472 New Car Registrations YoY In May 2023
New car registrations in Romania grew by 26.9% year-over-year to 60.472 units in May 2023, placing the country 14th in the European Union (EU), data from the association of automotive manufa...
ACAROM: Romania’s Car Production Grows 28% YoY To 51,125 Units In May 2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 51,0125 vehicles in May 2023, 28.38% more than 39,822 units produced in May 2022, as per data from the coun...
Sweden’s Autoliv Close To EUR1B Revenue In Romania In 2022
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Swedish group Autoliv posted RON4.87 billion (EUR989.4 million) revenue in 2022, up 25.4% on the previous year...
evoMAG: Electric Scooter Sales Up Nearly 10% Over Last Year; Romanians Buy Some 50,000 New Units/Year
Sales of electric scooters have grown almost 10% over the past year, with Romanians buying some 50,000 new units annually, as per data from online retailer evoMAG.