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

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

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

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

07.28.2016

German-held automotive component manufacturer Draxlmaier says it will continue investment in the region (Romania, Republic of Moldova, Serbia, Macedonia, and Tunisia) to take advantage of the growth more

06.30.2016

The demand generated by factories in the automotive industry and the manufacturing of fast-moving consumer goods (FMCG) sustained the increase in Atlas Copco’s deliveries of solutions for the more

04.14.2016

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03.15.2016

ALD Automotive, the operating leasing division of BRD group, reported a turnover of EUR30.5 million in 2015 (calculated under the international accounting standards), fueled by an increase in its car more

01.20.2016

Luxoft Romania, provider of software development services and IT solutions, will employ 100 IT specialists at its automotive division, which currently includes over 450 engineers. more

12.14.2015

Swiss Automotive Group, one of the largest European independent provider of car parts, will buy a 51% stake in the leading local provider of car parts, Autonet, the company said in a statement Monday. more

10.27.2015

The companies in automotive industry which plan to invest in Romania mainly target the central region, but are also interested in the northeastern region (Moldavia), while the number of greenfield more

08.11.2015

German-held automotive component manufacturer Draxlmaier says the worldwide trend of the automotive sector had a positive influence on the business of its plants in Romania so they have the next two more

05.07.2015

The association of automotive manufacturers in Romania ACAROM expects car sales in Romania to rise 15% in 2015. more

02.16.2015

ALD Automotive, the operating leasing division of BRD group, targets increasing its fleet to more than 9,000 vehicles, after a 15% growth in 2014, to around 8,400 units and a turnover of EUR30.2 more

02.09.2015

The ten most expensive luxury cars ordered in the past year in Romania and which are to be delivered in 2015 are worth nearly EUR2 million, and the most expensive of them is a Lamborghini Aventador more

02.02.2015

German-held automotive component manufacturer Hella posted EUR190.5 million (845 million lei) revenue in Romania in the fiscal year ended May 2014. more

01.28.2015

Companies that leased car fleets last year chose cheaper cars in a bid to slash costs and the over 10% increase posted by the operating leasing market contributed to the car market advance as 70% of more

01.27.2015

The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major companies, more

01.27.2015

“Romania’s strategy for 2014-2020 mentions for the first time the need to fund Romanian exporting enterprises. It is important for us to no longer believe in the myth saying SMEs are the backbone more

12.15.2014

ALD Automotive will offer full operating leasing fleet management services to tobacco manufacturer British American Tobacco (BAT) Romania. more

10.30.2014

Dacia, Skoda and Volkswagen, the three best-selling car brands in Romania, in the first nine months of this year held a 50.6% market share, from 48.4% in the same period of last year. more

05.26.2014

German-held Continental has increased the number of people it plans to recruit in Romania this year from 1,000 to 1,500 and half of these people will be employed in the company’s new R&D center of more

05.23.2014

Passenger car sales rose 28.5% on the year in April 2014, to almost 6,800 units, according to data provided by Romania's Automotive Manufacturers and Importers Association (APIA). more

05.01.2014

US automotive component manufacturer TRW Automotive opened a new airbag production facility in Roman, Neamt County (NE Romania) on Wednesday, which will create 1,160 new jobs. more

04.30.2014

German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (June more