Automotive
Romania's Car Production Up 15.7% YoY To 136,301 Vehicles In Jan-March 2022
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 136,301 vehicles in the first three months of 2022, 15.7% more than in the same period of 2021, data from the coun...
Ford Romania: The $300M Investment in Craiova Is Underway
Josephine Payne, Ford Romania president, says the new $300 million investments in Craiova have already been kick started and they are underway.
Car Parts Maker Preh Romania Earmarks EUR17M Investments for 2022
Car parts producer Preh Romania, a supplier for Porsche, Mercedes or Tesla, has budgeted a EUR17 million investment scheme for this year to develop some projects for its main clients, acquir...
ACAROM: Romania New Car Registrations Surge 40.25% YoY In March 2022
New car registrations in Romania increased by 40.25% year-over-year to a total 11,025 units in March 2022, data from the association of automotive manufacturers in Romania (ACAROM) and of Ro...
Iveco Signs MoU With Enel X To Develop e-Mobility For Commercial Vehicles In Europe
Italian truck, bus and engine maker Iveco group signed a memorandum of understanding (MoU) with Enel X to develop electric mobility for commercial vehicles in Europe.
Dan Ostahie Set To Acquire Porsche Bank
Romania’s Competition Council is looking into a transaction whereby Dan Ostahie is acquiring Porsche Bank Romania S.A.
High Chances for Bigster SUV to be Made in Mioveni
The bet of Dacia Mioveni assembly factory is to attract into production the future Bigster, the first compact SUV of the local carmaker’s range to be launched in 2025.
Continental Invested EUR150M In Romania In 2021; Sets Same Target For 2022
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-e...
Romania Ranks 14th In The EU With 17.953 New Car Registrations In Jan-Feb 2022
New car registrations in Romania surged by 39.2% on the year to 17.953 units in January-February 2022, placing the country 14th in the European Union, data from the European Automobile Manuf...