MERCEDES
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Mercedes-Benz Romania’s CEO: Lack Of Infrastructure Chases Away Investors
Romania’s infrastructure problems are limiting the country’s potential of attracting foreign investments such as a third car factory on the local market, said Boris Billich, chief executive officer and president of Mercedes-Benz Romania, part of Daimler group.
Romanian Transport Firm Buys 25 Mercedes-Benz Trucks For EUR1.3M
Romanian transport firm Luxorcomp, headquartered in Valcea county, has bought 25 Mercedes-Benz trucks for over EUR1.3 million, according to ZF estimates.
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.
Mercedes Moves To Insolvent Swan Pipera Complex
Mercedes-Benz Romania, the local subsidiary of Daimler, which imported and sold 3,300 cars on this market last year, has recently signed the lease for 3,000 square meters of office space in...
Romanians Would Rather Pay EUR20,000 Hands Down For A Mercedes ML Than Invest On Stock Exchange
Entrepreneur Octavian Badescu, who at 36 owns several businesses and has a portfolio of several hundred thousand euros on the Romanian and US stock exchanges, says Romanians tend to avoid th...
Mercedes Expects 60% Higher Turnover At Cugir And Sebes Gearbox Plants
Car components manufacturer Star Transmission Cugir (STC), 78% held by German group Daimler AG, expects a turnover of around EUR32 million this year, up 60% against 2010, which will come in...
Jeep Picks AutoItalia Against Mercedes As Dealer In Romania
Jeep, one of the most prestigious brands on the domestic car market, is returning to AutoItalia’s portfolio, thus changing its importer for the fifth time in the past twenty years. AutoItali...
Mercedes No Longer Supplies Data To Local Car Market Association
The Mercedes-Benz brand, which sells 200 cars per month on average, no longer features in any section of the statistical bulletin of the Association of Automotive Manufactures and Importers...