Results 26 - 50 from 89 for "automotive"
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Joysonquin Automotive Systems Romania Posts 11% Lower Turnover YoY To RON514.5M In 2020
08.05.2021
Car parts manufacturer Joysonquin Automotive Systems Romania (the former Quin Romania), the local division of China’s Joyson, reported a turnover of RON514.5 million (EUR106.7 million) in 2020, down more
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Eckerle Automotive Net Profit Grows 3.5-Fold YoY To Over RON10M In 2020
04.19.2021
Automotive component supplier Eckerle Automotive, the local subsidiary of Germany’s Eckerle group, ended 2020 with a net profit of nearly RON10.2 million (EUR2.1 million), 3.5-fold higher than the more
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Romania's Car Production Drops 10% in January
02.22.2021
Romania manufactured 38,431 passenger cars in January, 10.7% fewer compared with January 2020, data from the country's carmakers association ACAROM showed Monday. more
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Tenaris Silcotub Invests $5.5M In New Production Line To Serve Automotive Industry
01.18.2021
Romanian seamless steel pipes manufacturer Tenaris Silcotub has completed the certification process for its new production line intended for the automotive industry. more
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
12.15.2020
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows. more
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EY Study: Half of Romanian Drivers Postponed Buying a Car or Chose Cheaper Option
11.16.2020
The COVID-19 pandemic caused half of Romanian drivers (50.7%) to change their plans to buy a car and choose a cheaper car or postpone the purchase, according to a EY survey on car buying habits, more
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Antitrust Body Clears Opel Automotive Takeover by Trust Motors
10.05.2020
Romania's antitrust body has cleared a deal whereby auto importer Trust Motors SRL plans to take over Opel Automotive SRL. more
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Top 30 Employers in Romania’s Automotive Industry Shed 10,000 Jobs in 2019
08.19.2020
The top 30 employers in Romania’s automotive industry (car and component manufacturing) slashed 10,000 jobs in 2019 compared with 2018. This was the first time in five years when the industry laid more
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Alexandru Popescu Appointed Commercial Director Of ALD Automotive Romania
07.14.2020
ALD Automotive, the operating leasing and car fleet management division of Société Générale, on Tuesday announced the appointment of Alexandru Popescu to the position of commercial director of ALD more
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Zes Zollner Electronics Revenue Up 22% To Over RON1B in 2019
05.19.2020
Component and electronic equipment manufacturer Zes Zollner Electronics, the local subsidiary of Germany’s Zollner Electronics, posted more than RON1.1 billion (EUR233.6 million) revenue last year, more
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BCG: COVID-19 Crisis May Trigger Up To RON67B Sales Loss, Push EBIDTA Into Negative Territory In Auto Industry
05.13.2020
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Dacia Keeps Losing Ground In UK Too, With 60% Plunge In New Car Registrations In March
04.06.2020
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Groupe Renault Romania Revenue Up to RON30B in 2018
05.30.2019
The three divisions of Groupe Renault Romania – design and engineering (Renault Technologie Roumanie), manufacturing (Automobile Dacia) and vehicle sales (Renault Commercial Roumanie) posted their more
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Romania Needs Schengen and Modern Road and Rail Infrastructure to Stay in the Game
03.20.2019
Technology is starting to have a significant role in the auto and logistics industries as artificial intelligence is beginning to change how cars are sold and how the warehouses of the future will be more
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Dacia, Ford and Daimler, Top Three Exporters in Romania in 2018
03.15.2019
For the first time ever, Romania’s top three exporters operate in the automotive industry, as Ford stepped up production of EcoSport in Craiova, Daimler stepped up production of transmissions in more
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Romania's Automotive Industry Revenue Up to EUR28B in 2018
02.04.2019
The revenue of the local auto industry, which includes the Automobile Dacia and Ford’s revenue, as well as that of more than 400 component manufacturers rose 20% to EUR28 billion last year, data more
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Christophe Dridi, Dacia: We’re in Talks with Suppliers to Boost Local Integration
01.17.2019
Christophe Dridi, managing director of Groupe Renault Romania and Automobile Dacia, says he wants to boost the local integration of the cars assembled in the Mioveni plant and is in talks with several more
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Policolor CEO: Automotive Paint Market Set to Grow
01.03.2019
Paint and coatings manufacturer Policolor, a top ten actor on this market, expects growth of automotive paint segment, as car sales are on the rise. more
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Automotive Component Plants Show First Signs of Weakness: Layoffs and Fewer People Hired
12.11.2018
The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more
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Continental Buys Former Industrial Platform In Timisoara For Expansion
07.26.2018
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APIA: New Car Sales In Romania Up 11% In Jan-Nov 2017; Market To Top 150,000 Units This Year
12.20.2017
Romania’s automotive market could exceed, for the first time over the last nine years, the threshold of 150,000 units sold, the Automotive Manufacturers and Importers Association (APIA) said more
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Canada’s Litens Automotive Group Opens Its Second European Factory, In Romania
10.24.2017
Canadian car parts manufacturer Litens Automotive Group on Tuesday opened its second factory in Europe, in the vicinity of Romanian western city of Timisoara, where it plans to employ 250 people until more
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Automotive Component Manufacturer Preh Sees EUR77M Revenue In Romania In H1
08.09.2017
German-held automotive component manufacturer Preh Romania, which works for Porsche, Mercedes, Audi and BMW, posted EUR76.9 million revenue in the first half, 5% more than in the same time last year. more
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Competition Council Clears Takeover Of Elgan Automotive KFT And Elgan Automotive SRL By Globalworth
04.10.2017
Romania’s Competition Council has approved the transaction whereby Globalworth Real Estate Investments Limited is acquiring Elgan Automotive KFT S.C. and Elgan Automotive S.R.L. more
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Balaban, CBRE: Romania Attracts More And More Automotive Investments
03.03.2017
The already existing infrastructure and the connection to Western Europe along with higher education institutions and already developed supplier network in Timisoara, Sibiu, Brasov and Oradea continue more