Automotive
Eckerle Automotive Net Profit Grows 3.5-Fold YoY To Over RON10M In 2020
Automotive component supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle group, ended 2020 with a net profit of nearly RON10.2 million (EUR2.1 million), 3.5-fold higher th...
David Durand Returns As Dacia Head of Design
David Durand is the new interim head of design at Dacia, replacing Alejandro Mesonero who is leaving Groupe Renault less than a year since his arrival in July 2020.
Dacia Becomes Standalone Division Within French Renault Group
For the first time since French Renault Group acquired Dacia brand, under the leadership of Luca de Meo, the Dacia brand will have its own Board of Directors, alongside Lada, considering tha...
ACAROM: Romania Car Production Reaches 117,789 Units In 1Q/2021
Romania manufactured 117,789 vehicles in the first three months of 2021, data from the country's carmakers association ACAROM showed Wednesday.
Altur Slatina Seeks To Sell Bonds Worth RON10M Tops; Take RON3.4M Loan To Pay Overdues Taxes
Car parts maker Altur Slatina (ALT.RO) wants to carry out a bond issue worth maximum RON10 million and to take a loan of RON3.4 million from one of the company’s shareholders, Adrian Andrici...
Craiova-Made Puma SUV, Ford’s Best-Selling Model in Romania, France and Spain
Ford Puma is the model with the most new car registrations in Romania in the first three months of the year, data from Romania’s motor vehicle department DRPCIV show.
Continental Buys Kromberg & Schubert Automotive Wiring Plant in Timisoara
Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.
MOTO-HUB BMW Motorrad Invests Nearly 500,000 To Develop Services Center
MOTO-HUB BMW Motorrad, an authorized BMW dealer, has invested nearly EUR500,000 in developing a services center, considering that, besides service station and sales of new and second-hand mo...
Mercedes-Benz Builds EUR26M Logistics Center Near Bucharest
Automaker Mercedes-Benz has a new logistics center in Dragomiresti Vale, north-west of Bucharest, built by Plana-Innova as general contractor, the latter’s website says.