motor
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Companies
Electric Motor Plant Nidec In Oradea Revenue Shrinks 24.4% To RON168.7M In 2024
Nidec electric motor and drive and control equipment factory in Oradea, owned by the Japan’s Nidec Group, posted RON168.7 million (EUR33.9 million) revenue in 2024, down 24.4% from the previous year’s almost RON223.3 million (EUR45.1 million), according to ZF...
Automotive
Quantum Auto Max SRL Seeks To Buy Two Auto Centers In Bucharest
The Competition Council is reviewing the deal whereby Quantum Auto Max SRL intends to buy assets related to the sale, maintenance and repair of light motor vehicles held by DI-BAS Auto SRL a...
Companies
Nidec Oradea Triples Profit in 2020
Electric motor plant Nidec in Oradea, held by Japan’s Nidec group, posted RON134.6 million (EUR27.9 million) revenue in 2020, 17% lower than the RON163.6 million (EUR34.5 million) in 2019, F...