23 ian 2014

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 EUR40 million more

21 ian 2014

Registrations of cars with a price tag of over EUR200,000 fell by almost 20% to 19 units in 2013, from a total 23 in 2012, according to the Driving License and Vehicle Registration Department more

14 ian 2014

Trust Motors, the long-time importer of Peugeot cars in Romania, saw its revenue rise by EUR10 million last year to over EUR60 million after it took over Citroen imports as well starting January 2013. more

14 ian 2014

Road transport company edy Spedition, whose fleet reached almost 1,000 trucks in the years before 2012, is set to rely on shipments abroad this year as cost pressures are mounting on the domestic more

13 ian 2014

Only 12 of the almost 80 car brands in Romania posted growth in 2013, as the total number of new cars registered fell 13% to 57,700, according to the Driver License and Vehicle Registration Department more

8 ian 2014

Ford Romania ended 2013, its first full year of car and engine production, with almost 70,000 B-Max vehicles assembled and 250,000 engines made, sources close to the plant in Craiova said. more

5 ian 2014

2014 should be the year of the rebound of the car market after 2013 was the year of car production. more

27 dec 2013

Customers are now making car purchases based on price, as well as on emissions level, since the new taxes they have to pay depend on how much pollution a particular vehicle generates, says Cristian more

13 dec 2013

This year will see the second highest level of used car imports in a decade, 225,000 units, and the average age of the car stock in the country is rising towards 14 years compared with 11 in early more

9 dec 2013

Dana Cortina, the current general manager of Porsche Holding’s retail unit in Romania, Porsche Inter Auto, will become general manager of Volkswagen Group Retail Spain (VGRS) as of February 1, 2014. more

9 dec 2013

Ford Motor Company officials say the plant in Craiova (southern Romania) is important for the group, because it makes two EcoBoost engines and the B-Max car model, even though the plant stopped more

5 dec 2013

The members of the Automotive Manufacturers and Importers Association (APIA) said 2014 will be the last year when Romania will carry out the government-backed cash-for-clunkers program. more

4 dec 2013

The Government wants to postpone the construction of the Pitesti-Sibiu highway, the most important infrastructure project for the local industry and exports, by almost ten years choosing to build a more

3 dec 2013

For the first time in six years, companies in the automotive business no longer expect a rebound next year, so the 2014 target is flat sales, as all estimates so far turned out to be wrong. more

27 nov 2013

Car production in Romania has been going down for three months now, and only Dacia somewhat rebounded in October, while Ford’s decline is getting worse. Does the target of 400,000 cars manufactured more

26 nov 2013

The lifting of sanctions on Iran will lead to restarting exports of CKD kits (fully disassembled cars to be assembled in the destination country) from the Dacia plant in Romania to the Renault plant more

21 nov 2013

The slow development of infrastructure and the lack of highways on key routes are forcing carriers and logistics companies to invest in expanding storage facilities throughout the country to be able more

19 nov 2013

Registrations of used cars imported from Western Europe increased again in October, according to data released by the Driving License and Vehicle Registration Department (DRPCIV). more

8 nov 2013

The Romanian engineering teams of German group Continental are involved in the project of the autonomous car, “the car of the future” that will drive itself, first only on the highway and then on more

4 nov 2013

Carmaker Renault expects production of the entry range, which includes the models built on the Logan platform, to exceed one million units for the first time or a third of the total cars made by the more

22 oct 2013

More than 107,000 cars older than ten years have been registered in Romania since the beginning of the year. more

21 oct 2013

A new record year for Dacia’s plant in Mioveni and Ford’s production in Romania, which will reach 60,000 cars at its plant in Craiova, have increased car production locally by 20% this year, the more

18 oct 2013

Last week’s visit by French group Renault head Charlos Ghosn in Romania highlighted again the competitiveness of the plant in Mioveni compared with the plant in Tangiers, Morocco, where Renault more

17 oct 2013

The ten largest transport firms and the ten largest logistics companies in Romania posted cumulated turnover of nearly EUR1 billion in 2012, in a business sector where contracts with multinationals in more

16 oct 2013

Ford’s engine production at its Romanian plant is accelerating to over 1,000 units per day, driven by exports outside Europe, while car production at the plant is affected by the declining car more