Automotive
Transporter International Alexander Buys Czech, Romanian Operations Of German Car Parts Maker Brandl
Cargo and logistics company International Alexander based in Arad and founded in 2003 by entrepreneur Simion Apreutese, has acquired the operations in the Czech Republic and Romania of Brand...
Decline in Vehicle Registrations in Romania Slows to 18.8% in February
New vehicle registrations in Romania declined 18.8% on the year in February, after a 46.6% annual decline in January, data from the the Automotive Manufacturers and Importers Association (AP...
Ford Craiova Hits 1.5 Million Production Mark for 1.0-liter EcoBoost Engine
Ford Romania on Friday reached the 1.5 million mark on the production of the carmaker's 1.0-liter EcoBoost engine made in Craiova since 2012.
Hakim Boutehra Trades Renault for Stellantis
Hakim Boutehra, who in August 2016-February 2021 ran Renault Commercial Roumanie as general manager and then served as general manager of Renault South Eastern Europe took the position of ma...
Romanian Entrepreneurs Launch Small Package Delivery Firm Memex
Romanian entrepreneur Cristian Pandel, founder of Memento Group, which includes tour operator Christian Tour, and Lucian Aldescu, founder of delivery firm Pegasus and former CEO of DPD Roman...
Continental Invests EUR150M in Romanian Operations in 2020
German automotive group Continental invested over EUR150 million in its Romanian operations in 2020 and plans a similar investment budget for 2021.
Insurer Asirom Introduces AI in Damage Assessments for Car Insurance Policies
Asirom, the second largest local insurer in the portfolio of Vienna Insurance Group (VIG), has introduced artificial intelligence in the damage assessment system n the underwriting process f...
ACAROM: Romania New Car Registrations Drop 21.94% YoY In February 2021
New car registrations in Romania decreased by 21.94% on the year, to 6,897 units, in February 2021, data from the association of automotive manufacturers in Romania (ACAROM) and from the veh...
Chip Shortage Wipes Out EUR260M of Local Automotive Industry Revenue
Dacia will stop working for two days in March, in addition to the three in February, the company said. The plant will therefore make 6,500 cars less, which will cost it almost EUR100 million...