AUTOMOTIVE
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From Lohn To Automotive: 40% Of Romania’s 100 Largest Exporters Are Carmakers
“Romania’s strategy for 2014-2020 mentions for the first time the need to fund Romanian exporting enterprises. It is important for us to no longer believe in the myth saying SMEs are the bac...
Ten Best-Selling Car Brands In Romania In First 9 Months
Dacia, Skoda and Volkswagen, the three best-selling car brands in Romania, in the first nine months of this year held a 50.6% market share, from 48.4% in the same period of last year.
Automotive Producer Hella Hired 700 People In Romania In Just A Year
German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (...
Romania's Automotive Car Part Production Over EUR20B By 2025
The turnover of the car part manufacturing sector will go up from EUR10.7 billion in 2013 to more than EUR20 billion by 2025, as the global component market will increase from EUR406 billion...
Autoliv Romania Plans To Hire 500 People This Year
Automotive safety systems manufacturer Autoliv Romania, the 12th largest exporter in the country, will hire 500 people this year with plans to reach almost 7,000 employees by the end of 2014...
Microsoft, Dell and Deutsche Bank Get State Aid For Romania Investments
Deutsche Bank--which is developing a technology center for Eastern Europe in Bucharest that will employ 500--got a EUR15 million aid from the Romanian government in December to support a EUR...
Continental, Autoliv, Schaeffler And Yakazi To Hire Over 1,700 This Year
Some of the largest producers of components present on the Romanian market – Continental, Autoliv, Yazaki and Schaeffler Romania – have announced new programs of boosting employee numbers in...
Car Parts Heavyweights Begin Consolidation
They started to arrive in Romania in mid 2000s, drawn by Dacia, the cheap skilled labor and the advantage of export to Western markets. They built plants from the ground up and created an in...
Hydro-Power Station, Highway Designers Expect Good Performance This Year, Despite Earlier Pessimism
Engineering design companies, which are the starting point of huge projects, such as highways and large hydro-power stations, will have a better performance this year than in 2010, writes Bu...