CAR PARTS
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Two West-European Car Part Providers Mull EUR80M Investments In Romania
Two West-European car part providers plan to invest approximately EUR80 million on the Romanian market, Constantin Stroe, head of the association of automotive manufacturers in Romania ACARO...
Continental To Hire 1,000 In Timisoara And Brasov
Automotive component manufacturer Continental, which has seven plants and three research centers in Romania, is currently employing 12,000 people in this country and continues to hire. It sh...
Compa Sibiu Joins Big League, Makes Parts For Mercedes
Car parts maker Compa Sibiu (CMP.RO), controlled by its shareholders, has recently managed to attract Daimler as a client, for whom it makes pinions for Mercedes cars.
Federal-Mogul: Romania’s Car Parts Market Stable At Around EUR1B
Romania’s car parts market will remain stable this year at around EUR1 billion, according to estimates by the Romanian office of American auto parts supplier Federal Mogul.
Federal Mogul: Romania’s Car Parts Market Flat In 2011, To EUR1B, Seen Slightly Up In 2012
Romania’s car parts market stagnated to nearly EUR1 billion in 2011 and is seen growing slightly in 2012, according to estimates by the Romanian office of American auto parts supplier Federa...
MGI Coutier To Build EUR5.5M Car Part Plant In W Romania
French company MGI Coutier will build a car part plant in western Romania, near Timisoara, following an investment of over EUR5.5 million.
South African Group Pays EUR43M For Battery Maker Rombat Bistrita
South African auto parts maker Metair Investments bought Rombat Bistrita, the largest Romanian-held auto parts maker, people close to the deal told ZF.
Basescu Asks MPs To Review Bill Eliminating Design Protection On Visible Car Parts
Romanian President Traian Basescu on Wednesday sent back to Parliament for review a bill that eliminated legal protection for designs and models for visible car spare parts and urged lawmake...
Competition Council Fines 14 Car Part Suppliers For Non-Disclosure
Romania’s Competition Council has fined 14 car part suppliers a total 601,210 lei (around EUR140,000) because they refused to disclose information the watchdog claimed during an inquiry on t...