Automotive
EY: Resilient Grid Backed By Digital Solutions To Underpin Successful Transition To eMobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV (electric vehicle) ad...
Romania Officially Has 502 EV Charging Stations, 2.5 Times Fewer Than Hungary
Romania had 502 public electric car charging stations in 2020, according to official data available on the website of the European Alternative Fuels Observatory (EAFO), significantly more th...
INS: New Passenger Vehicle Registrations Drop 16.8% YoY In 4Q/2021
New registrations of road vehicles for passenger transport decreased by 16.8% in Romania in the fourth quarter of 2021 compared to the fourth quarter of 2020, data from the country’s statist...
ACAROM: Romania New Car Registrations Surge By 55% YoY In January 2022
New car registrations in Romania grew by 55.51% on the year to a total 9,337 units year-over-year in January 2022, data from the association of automotive manufacturers in Romania (ACAROM) a...
Autoliv Reaches 10,000 Employees at its Six Plants of Romania
Automotive safety systems maker Autoliv, the local subsidiary of Swedish group Autoliv, now has around 10,000 employees in the six plants it has in Romania.
Altur Slatina Raises RON4 Million via Bond Issue
Auto parts manufacturer Altur Slatina (ALT.RO), announced on the Bucharest Stock Exchange on Tuesday evening that it had raised RON4 million through a private placement of bonds in which thr...
EIB Survey: Eight In Ten Romanians Would Opt For A Hybrid Or Electric Vehicle
Eight in ten Romanian car buyers (81%) say they would purchase either a hybrid or electric car the next time they purchase a vehicle (14 points above the EU average), while only 19% would st...
Germany’s Bos Seeks to Hire 60 People at Arad Car Parts Factory
Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, has 60 jobs available at the car parts plant of Arad.
Cefin Trucks Ends 2021 With Over EUR88M Turnover
Cefin Trucks, sole importer and distributor of Ford Trucks in Romania, ended 2021 with a turnover of over EUR88 million and an average division growth of 30% against the previous year.