Automotive
Coindu Romania 2021 Turnover Down 34.6% to RON234.7M YOY
Car parts producer Coindu Romania, part of Portuguese group Coindu, for 2021 reported RON234.7 million (EUR47.7 million) turnover, down 34.6% from 2021.
Car Battery Maker Rombat Bistrita 2021 Turnover Nears EUR100M
Bistrita-based car battery maker Rombat, controlled by South Africa’s Metair, for 2021 reported turnover of RON488.6 million (EUR99.3 million), up 23.6% year-on-year, in line with ZF calcula...
Elba Timisoara Turnover Surges 25% YoY To RON253.5M In 2021
Timisoara-based lighting fixtures and systems manufacturer Elba, which supplies headlights for Dacia-Renault and Skoda, ended 2021 with a turnover of RON253.5 million (EUR51.5 million), up 2...
Car Insurance Comparison Platform: Almost A Quarter Of New Romanian Vehicles Will Be Electric By 2035
Romania will have the 17th highest proportion of electric vehicle sales across Europe by 2035, with a total of 23.62% of newly registered cars predicted to be electric.
Romania Ranks 13th In The EU With 58.712 New Car Registrations In 1H/2022
New car registrations in Romania surged by 23.1% (the biggest increase in the European Union) on the year to 58.712 units in January-June 2022, placing the country 13th in the EU, data from...
Romania's Car Production Up 11.59% YoY To 39,822 Vehicles In May 2022
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 39,822 vehicles in May 2022, 11.59% more than 35,865 units in May 2021, data from the country's carmakers associat...
International Alexander 2021 Turnover Up 16% YoY To RON502M
International freight forwarding and logistics group International Alexander based in Arad had a turnover of RON502 million (EUR102 million) in 2021, up 16% from RON432 million (EUR89.3 mill...
Romanian Vitesco Technologies Engineers Develop Electronic Components for Renault Engines
Vitesco Technologies, a leading company in the field of modern powertrain technologies and electrification solutions and a spin-off of the Continental Group and former Continental Powertrain...
Hella Romania Turnover Up 18% YoY To Over RON3.5B In 2021
Automotive component manufacturer Hella Romania, the local unit of German-held company Hella, had a turnover of RON3.541 billion (EUR719.7 million) in 2021, up 18% from a total turnover of n...