Automotive
Top 30 Employers in Romania’s Automotive Industry Shed 10,000 Jobs in 2019
The top 30 employers in Romania’s automotive industry (car and component manufacturing) slashed 10,000 jobs in 2019 compared with 2018. This was the first time in five years when the industr...
Altur Slatina Turnover Plunges 40% To RON32M, Loss Doubles To RON2.5M YoY In 1H/2020
Car parts maker Altur Slatina (ALT.RO) on Tuesday said its turnover dropped 40% on the year to RON32 million in the first half of 2020, due to a decrease in demand for products to the main c...
Daimler’s Business in Romania Down for Second Year in a Row in 2019
Star Assembly, the local subsidiary of Germany’s Daimler group, which makes automatic transmissions, ended last year with EUR1.52 billion revenue, down 2.2% on 2018, Finance Ministry data sh...
Carrier Trans Euro Express Revenue Up 8% RON113M in 2019
International road freight carrier Trans Euro Express ended 2019 with more than 113 million lei (EUR23.3 million) revenue, 8% higher than in 2018, Finance Ministry data show.
Ford To Officially Unveil New Puma ST On Sept 24 - The First Vehicle Of Over 200 HP Made In Romania
Ford will officially present on September 24, 2020 the new Puma ST, a version of Ford Performance based on the Ford Puma SUV made at Ford’s assembly plant in Craiova (southern Romania).
Dacia Registrations Grow 15% In France In July, Drop 34% In Romania In Jan-July 2020
Romanian carmaker Dacia, owned by France's Renault, reported a 15% increase in new registrations in France to almost 11,510 units in July 2020, continuing the upward trend in June, data from...
Spark To Buy 400 Electric Cars from Renault for Romanian Fleet
Lithuania-based Spark Technologies UAB, which entered the Romanian market last year with electric car-sharing services, will be adding new vehicles to its local fleet after a partnership it...
Romania New Car Registrations Down 34% in Jan-July
New car registrations in Romania declined 34.23% on the year in January-July, to 62,566 units, from the association of automotive manufacturers in Romania (ACAROM) showed Monday.
Michelin Romania Posts RON3.5B Turnover in 2019
Michelin Romania, part of French tire manufacturer Michelin Group, reported a turnover of RON3.51 billion in 2019, up 14% on the year, finance ministry data showed.