Automotive
Dacia’s Global Sales Up 5.9% YoY To 277,885 Units In 1H/2022
Romanian carmaker Automobile Dacia, owned by French group Renault, saw a 5.9% increase in its worldwide sales up to 277,885 vehicles in the first half of 2022 as compared to the same period...
TBI Bank Teams Up With Spotawheel To Simplify Car Buying For Customers In Romania And Greece
TBI Bank, the largest provider of Buy Now Pay Later (BNPL) solutions, has concluded a partnership with Spotawheel, one of the fastest growing used cars platforms in Europe, to help customers...
New Investments Expected in Oltenia After Ford Otosan Arrival in Craiova
In Craiova we see the first investment by Ford Otosan outside Turkey. There’s interest in Romania and the investments are set to continue, said Fusun Aramaz, Turkey’s ambassador to Romania.
Electrica Furnizare Installs Solar Power Plant For Eckerle Automotive
Romanian electricity supplier Electrica Furnizare was chosen by automotive component supplier Eckerle Automotive to carry out the turnkey construction project of a photovoltaic (PV) solar po...
Ford Craiova Becomes Ford Otosan Craiova
The ownership transfer for Ford plant of Craiova to Ford Otosan has been successfully completed. Ford Otosan has announced EUR490 million investments in Craiova to support the future growth...
Automotive Part Maker VCST Back into the Black in 2021
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, posted RON151.7 million revenue (EUR30.8 million) for 2021, up 24% from the prev...
Bos Automotive Products Romania’s Turnover Up 12% YoY To Over RON410M In 2021
Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7 million (EUR83.5 million), up 12.4% from RON365.4...
Bicycle Maker Eurosport DHS Posts EUR79M Revenue in 2021
Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16% from the previous year’s more than RON334.8 mi...
New Dacia Cars To Bear New Logo Starting June 2022
Almost a year and a half since Romanian carmaker Dacia unveiled the new logo alongside with the Bigster concept, French group Renault, the owner of Dacia, presented the entire Dacia range wi...