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Over 300,000 Employees Expected Back To Work On May 4
Automotive

Over 300,000 Employees Expected Back To Work On May 4

The number of suspended employment contracts or furloughed employees dropped by almost 302,000 on April 30 compared with the previous day, which means people will return to work at their wor...

Loredana Frățilă-Cristescu · 04.05.2020 · 09:26 · 2 min
Telecom And Automotive Component Plant Faist Oradea Revenue Down 9.5% To RON310M In 2019
Automotive

Telecom And Automotive Component Plant Faist Oradea Revenue Down 9.5% To RON310M In 2019

Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of UK’s Faist group, posted about RON310.2 million (EUR65.5 million) revenue in 2019, about 9.5% less...

Loredana Frățilă-Cristescu · 01.05.2020 · 10:15 · 1 min
Ford Restarts Activity in Europe on May 4
Automotive

Ford Restarts Activity in Europe on May 4

Carmaker Ford said Tuesday it intends to restart initial production at most of its main continental European vehicle and engine plants, including the factory in Craiova, Romania, from May 4.

Oana Gavrila · 28.04.2020 · 13:58 · 1 min
Tarom Resumes Flights Starting May 2020
Companies

Tarom Resumes Flights Starting May 2020

Romanian state-owned airline Tarom on Friday said it will resume flights starting May 2, 2020.

Ecaterina Craciun · 24.04.2020 · 17:14 · 1 min
Commercial Vehicle Registrations In Romania Down 33.3% YoY In 1Q/2020
Automotive

Commercial Vehicle Registrations In Romania Down 33.3% YoY In 1Q/2020

Registrations of commercial vehicles fell by 33.3% in Romania and by 23.2% in the EU27 on the year in the first quarter of 2020, data from the Automotive Manufacturers and Importers Associat...

Ecaterina Craciun · 24.04.2020 · 14:19 · 1 min
Dacia Sees Steepest Sales Decline, Of 40%, Among Renault Brands In 1Q/2020
Automotive

Dacia Sees Steepest Sales Decline, Of 40%, Among Renault Brands In 1Q/2020

Global sales of carmaker Dacia, including vehicles and light commercial vehicles (LCV), plunged 40% in the first quarter of 2020, to a total 110,279 units, of which vehicles reach 101,778 un...

Ecaterina Craciun · 23.04.2020 · 15:47 · 1 min
Michelin Resumes Tire Production in Zalau, Romania
Companies

Michelin Resumes Tire Production in Zalau, Romania

Michelin Romania, part of French tire manufacturer Michelin Group, said it has resumed tire production at its factory in Zalau starting Tuesday, as several automakers have started gradually...

Oana Gavrila · 23.04.2020 · 13:35 · 1 min
Auto Market Down To Half Of March Level In April
Automotive

Auto Market Down To Half Of March Level In April

Automotive dealers and importers are expecting car registrations to see a significant decline in April. The decline should be worse than the 32% recorded in March and could reach more than 6...

Loredana Frățilă-Cristescu · 16.04.2020 · 09:00 · 1 min
Michelin Resumes Metallic Cord Production in Zalau
Automotive

Michelin Resumes Metallic Cord Production in Zalau

Michelin Romania, part of French tire manufacturer Michelin Group, said Monday it has gradually resumed production starting April 8 at its metallic cord factory in Zalau, which was suspended...

Oana Gavrila · 13.04.2020 · 16:42 · 1 min