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Ford Romania Resumes Production in Three Shifts
Automotive

Ford Romania Resumes Production in Three Shifts

Ford Romania, the second largest carmaker in Romania, said Wednesday it has resumed its regular three-shift schedule at the assembly plant in Craiova, meaning it has resumed its daily output...

Oana Gavrila · 22.07.2020 · 17:08 · 1 min
Dacia Turnover Declines 2.1% in 2019, to EUR5.2B
Automotive

Dacia Turnover Declines 2.1% in 2019, to EUR5.2B

Romanian carmaker Automobile Dacia, the biggest company in Romania, posted a 2.1% decline in turnover on 2019, to EUR5.204 billion, finance ministry data showed.

Oana Gavrila · 22.07.2020 · 16:53 · 1 min
E van Wijk Extends Lease in P3 Bucharest Park by Three Years
Real Estate

E van Wijk Extends Lease in P3 Bucharest Park by Three Years

E van Wijk, which provides integrated transport and logistics services, has extended its lease of the 10,400 sqm space in the P3 Bucharest A1 industrial park for at least three more years.

Oana Gavrila · 22.07.2020 · 16:43 · 1 min
Dacia Vehicle Sales Plunge Over 46%, Dacia Light Commercial Vehicle Sales Drop 39% In 1H/2020
Automotive

Dacia Vehicle Sales Plunge Over 46%, Dacia Light Commercial Vehicle Sales Drop 39% In 1H/2020

Romanian carmaker Automobile Dacia, owned by France's Renault, saw a 46.6% decline in vehicle sales, to 195,767 units from 366,861 units, and a 39.4% decrease in sales of light commercial ve...

Ecaterina Craciun · 20.07.2020 · 12:28 · 1 min
Continental Completes EUR27M Expansion of Iasi R&D Center
Companies

Continental Completes EUR27M Expansion of Iasi R&D Center

Continental Group, the biggest car parts manufacturer in Romania, said Monday it has completed the EUR27 million expansion of its research and development center in Iasi, northeastern Romani...

Oana Gavrila · 20.07.2020 · 12:23 · 1 min
European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania
Social/Politics

European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania

The European Commission said on Thursday it is providing EUR118 million for Romania to finance reconstruction works and feasibility studies for ten major railway, water and road infrastructu...

Ecaterina Craciun · 16.07.2020 · 18:45 · 1 min
Romania Ranks 16th in EU by 1H New Car Registrations after 30% Decline
Automotive

Romania Ranks 16th in EU by 1H New Car Registrations after 30% Decline

Romania ranks 16th in the European Union by new car registrations, with 49,616 units registered in the first half of the year, down 30.7% compared with the first half of 2019, the associatio...

Oana Gavrila · 16.07.2020 · 11:00 · 1 min
Deloitte: Over Half Of European Consumers Plan To Put Off Purchase Of A New Car; Romania Sees More Cautious Consumer Behavior
Automotive

Deloitte: Over Half Of European Consumers Plan To Put Off Purchase Of A New Car; Romania Sees More Cautious Consumer Behavior

More than half of the European consumers (52%) plan to postpone buying a new vehicle and they will keep their current one longer than originally intended in the context of the COVID-19 pande...

Ecaterina Craciun · 15.07.2020 · 16:54 · 2 min
Electric, Hybrid Vehicle Registrations Grow 3% in 1H/2020
Automotive

Electric, Hybrid Vehicle Registrations Grow 3% in 1H/2020

Registrations of electric vehicles and hybrids in Romania continued to grow in the first six months of 2020, registering 3% growth, to nearly 2,900 units, as the overall auto market plunged...

Oana Gavrila · 15.07.2020 · 09:50 · 1 min