Automotive
Tesla Sold EUR53M Worth Of Cars In Romania In 2022
Tesla Motors Romania, the company Tesla uses to sell cars in Romania, posted almost RON267 million (EUR53 million) sales in 2022, Finance Ministry data show. Last year was Tesla’s first full...
ACAROM: New Car Registrations In Romania Up 27% YoY To 60,472 Units In January-May 2023
New car registrations in Romania increased by 27% on the year to a total 60,472 units in January-May 2023, data from the association of automotive manufacturers in Romania (ACAROM) showed on...
Poland’s Inter Cars 2022 Turnover, Up 15.5% To RON1.5B
Automotive parts and accessories wholesaler Inter Cars Romania, part of Polish group Inter Cars, for 2022 reported turnover worth above RON1.5 billion (EUR304.5 million), 15.5% higher than i...
Dumagas Seeks To Scale Down Activity In Romania And Focus On Western Europe
Local freight forwarder Dumagas, recently acquired by Omnia Capital, a company held by Matei Ladea and Bogdan Georgescu, is evaluating possible changes to its business strategy, aiming to re...
Bicycle Maker Sport Mechanical Workshop Sees 60% Growth In Revenue To RON132M In 2022
Bicycle manufacturer Sport Mechanical Workshop in Timisoara, which works exclusively for sporting goods retailer Decathlon, ended last year with more than RON132 million revenue, an increase...
Huf Romania Returns To Profit And Sees Revenue Up In 2022
Car access and authorization systems manufacturer Huf Romania, part of Germany’s Huf Group, posted about RON505.8 million (EUR102.5 million) revenue in 2022, a 53% increase year-on-year, ZF...
Ferrari Buys Bitdefender Cybersecurity Solution
Automaker Ferrari, including its Formula 1 team, has decided to get a cybersecurity solution developed by Bitdefender, one of the most powerful IT companies established in Romania. The partn...
ACEA: New Car Registrations In Romania Up 25% YoY To 46,831 Units In January-April 2023
Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-April 2023, with 46,831 units, 25% more than in the same period of 2022, data f...
Tiriac Auto Set To Invest EUR3.2M To Implement New Standards At Its Mercedes-Benz Showrooms Across Romania
Tiriac Auto aims to invest an estimated amount of over EUR3.2 million in the next two years to implement new standards for the Mercedes-Benz showrooms at its centers across Romania.