DAIMLER
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Daimler Starts Construction Works for New EUR138M Plant in Sebes
German carmaker Daimler, which owns Star Assembly company of Sebes, Romania’s third largest exporter, has started construction works for a new electric drive unit assembly plant, an almost EUR140 million investment.
Daimler Group Seeks State Aid for RON675M Investment in Romania
Germany’s Daimler Group, which owns the Star Assembly company in Sebes and is the third largest exporter in Romania, is seeking RON185 million state aid for a total investment of RO675 milli...
Daimler Group Increases Production of Transmissions in Sebes
Germany’s Daimler-owned automatic transmission manufacturing unit Star Assembly increased production capacity of the 8G-DCT transmission in August when it added another shift and created 145...
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...
Daimler Halts Production Of Transmissions At Its Sebes Plant Amid Coronavirus Outbreak
Daimler said it halted the production of transmission at its Romanian manufacturing plant in Sebes, in the context in which Mercedes-Benz has also halted its car production, against the back...
Daimler Builds EUR20M Logistics Center Near Bucharest
Germany’s Daimler, owner of the Mercedes-Benz brand and of the transmissions plant in Sebes in Romania, plans to develop a logistics platform in Chitila, NW Bucharest, market sources say. Me...
Daimler Starts Production of New 8-Speed Automatic Transmission in Romania
Daimler's Romanian subsidiary Star Assembly has officially started production of a new, eight-speed automatic transmission for Mercedes-Benz cars.
Daimler Hires Andrei Frunza To Run Clever Taxi
Daimler, the German giant, which owns Romania-based Clever Taxi among others via one of its divisions, has recruited Andrei Frunza to be the CEO of the Romanian company, market sources say.
Daimler’s Star Assembly Revenue Up To More Than RON3.5B In Romania In H1
Daimler with its Star Assembly company is on its way to becoming the second largest business in the local automotive industry after Automobile Dacia.