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Romania Automotive News. Service for global professionals. Constantly updated news and information about Romania.
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Latest Romania Automotive News

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  • Communist goods' comeback 10 Nov 2009 07:54 GMT
    ... sweets, to rustic washing machines and clunky cars are all the rage again. As the ... Berlin Wall, souvenirs such as portraits of Romanian leader Nicolae Ceausescu are now avidly sought at ... a Mars," said Tamas Pickarczyk, a 27-year-old car salesman in Budapest. "In my opinion Szerencsi ...

  • The glass industry in Italy and Europe: a survey 9 Nov 2009 10:17 GMT
    ... security glass, safety glass, mirrors, etc.); • automotive (glazing, lighting, etc.); • glass wool for ... reinforced plastics can reduce the weight of cars, thus reducing the amount of CO2 emitted ... % and others such as Greece, Hungary, Romania and Turkey, it’s below 20%. Figure 7 ...

  • AAA Auto remains in the black in Q3, but profit dips 44% q/q 9 Nov 2009 09:02 GMT
    ... the third quarter 2009. The listed used car dealership chain has managed to post a profit ... erosion primarily to "the traditionally weaker seasonal sales during summer months." On the annual basis ... from non-profitable markets in Hungary, Poland and Romania and also due tougher market conditions." The impacts ...

  • Inergy bets on Russian automotive rebound 5 Nov 2009 00:11 GMT
    ... By PlasticsToday Staff Published: November 4th, 2009 Automotive fuel systems supplier Inergy Automotive Systems has ... first half of 2008 as Europe's largest car market, but has since lost its lead ... processing facilities in Eastern Europe in Poland, Romania, and Slovakia. Globally the company employs approximately ...

  • Romcarton sends all employees on technical unemployment one day a week 5 Nov 2009 23:13 GMT
    ... year. The top 20 employers in the Romanian economy, which have around 300,000 working for ... one of the largest investors in Romania's automotive components industry, is set recruit another 1,350 ... (part of the French group Rossmann) registered sales worth over 18 million euros in the ...

  • M&A Navigator: Deal Pipeline -- 3 Nov 2009 5 Nov 2009 11:58 GMT
    ... DANISH FIRSTFARMS TO UNLOAD BUSINESS IN WESTERN ROMANIA Danish agricultural investor FirstFarms (CPH:FFARMS) said it ... TO ACQUIRE STAKE IN GERMAN HARMAN BECKER AUTOMOTIVE SYSTEMS Dutch software company ICT Automatisering NV ... to consider a plan to acquire troubled car parts maker Karmann. Status: Speculation - TPG ...

  • Communist consumer goods make comeback 8 Nov 2009 09:33 GMT
    ... sweets, to rustic washing machines and clunky cars are all the rage again. As the ... Berlin Wall, souvenirs such as portraits of Romanian leader Nicolae Ceausescu are now avidly sought at ... a Mars," said Tamas Pickarczyk, a 27-year-old car salesman in Budapest. "In my opinion Szerencsi ...

  • Nostalgia for the bad old days 8 Nov 2009 22:52 GMT
    ... a mural of an East German Trabant car painted at a restored segment of the ... sweets, to rustic washing machines and clunky cars are all the rage again. As the ... Berlin Wall, souvenirs such as portraits of Romanian leader Nicolae Ceausescu are now avidly sought at ...

  • 13,000 firms insolvent in first nine months 5 Nov 2009 23:13 GMT
    ... multe voturi. The largest hosiery manufacturer in Romania, Mondex Sibiu, controlled by Calin and Virgil Vircolacu, ... Yearbook" launched... The plummeting sales of new cars and companies' frozen investment projects brought leasing ... be even worse. On the segment of car financing, some companies The largest banks, pharmaceutical ...

  • Motor oil sellers are downbeat: crisis set to peak in the first few months of 2010 8 Nov 2009 22:52 GMT
    ... considering they are no longer selling 40-50 cars a month but ten at best. Electronics ... the The average value of claims for car accidents occurring abroad, caused by Romanian individuals or companies are at fault, is 3-4 ...

  • New Pharmaceuticals research report from Datamonitor: "Global Generics" 7 Nov 2009 19:34 GMT
    ... Definition The generics market consists of all sales of generic drugs for human use at ... France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Romania, Russia, Spain, Sweden, the Ukraine and the ... independent data, analysis and opinion across the Automotive, Consumer Markets, Energy & Utilities, Financial Services, ...

  • Hope for the Roma 5 Nov 2009 17:50 GMT
    ... defenseless targets for disgruntled racists in Hungary, Romania, Slovakia, the Czech Republic, and other European countries. ... In April, killers gunned down a Roma factory worker as he was walking to his ... his body in the trunk of a car. Perhaps the rash of killings will dampen the ...

  • Deutsche Telekom's Net Rises 7.2% 5 Nov 2009 11:16 GMT
    ... expansion of its own shops and a sales agreement with the U.S. electronics retail chain ... fixed network of OTE Greece and Romtelecom (Romania). The mobile communications market is exhibiting slow ... in 2008 to EUR 1.7 billion. The Automotive segment, for example, felt the consequences of ...

  • Verestoy's group asks Kazakhs for same price for RRC shares as paid to Patriciu 8 Nov 2009 22:52 GMT
    ... The biggest fuel distribution companies on the Romanian market say the rise in excise duties as ... petroleum gas (LPG), an alternative many Romanian car owners have resorted to in the face of ... first seven months of this year saw sales increase by 9% compared with the same ...

  • Leasing companies sell thousands of repossessed goods 5 Nov 2009 23:13 GMT
    ... the “Most Dynamic Companies” event saw their sales go up by 23.2% in 2008, at ... Arnage T are among the most expensive cars to be recovered by leasing companies from ... Twenty of the biggest private companies in Romania started the year of the crisis with ...


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Quote of the Day

"The wall is gone, but there is still no unification, no equality between the two Germanies. A lot of the things that the GDR citizens built disappeared."
— East German Dana Muehlmann on why the 20th anniversary of the fall of the Berlin Wall isn't cause to celebrate

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Nov. 10

Britain and Romania signed a financial agreement providing for final settlement of British claims arising out of their 1947 peace treaty.
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