Automotive
Faurecia Romania Revenue Flat at RON1B in 2021
Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF has calculated from Finance Ministry data.
KeysFin: Local Freight Carriers’ 2021 Turnover May Hit Record High Of RON75B
The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost RON66 billion, in line with a Keysfin analysis...
Car Parts Maker Aptiv Seeks to Hire 450 People at Ineu Plant
Car parts producer Aptiv Technology Services & Solutions, the former Delphi Packard Romania, currently has 450 jobs available at its plant of Ineu, Arad county.
Compa Sibiu Net Profit Drops 81.4% YoY To RON1.4M In 1Q/2022
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on t...
Nexxon Targets 30% Higher Turnover In 2022
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 mil...
INS: New Passenger Vehicle Registrations In Romania Drop 10% YoY In 1Q/2022
New registrations of road vehicles for passenger transport decreased by 10% in Romania in the first quarter of 2022 compared to the first quarter of 2021, data from the country’s statistics...
Germany’s Schaeffler Puts Stefan Gulacsi-Gologan In Charge Of Romanian Division
The Board of Directors of Germany’s Schaeffler Group has appointed Stefan Gulacsi-Gologan to the position of administrator of the local division Schaeffler Romania starting May 2022.
Romania Approves Purchase Of 12 Hydrogen Trains
Romania's Transport Ministry has approved the purchase of 12 hydrogen fuel cell trains as part of a pilot project aimed at testing "green" trains.
ACAROM: Romania New Car Registrations Grow 23% YoY In April 2022
New car registrations in Romania increased by 23.42% to a total 8,469 units in April 2022 versus April 2021, data from the association of automotive manufacturers in Romania (ACAROM) and of...