Auto - Business Review


Schneider Electric looks for acquisitions in Romania, says it’s ready for electrical car program

Auto April 24, 2012 13:02 0 comments

French energy management company Schneider Electric is currently pondering acquisitions on the Romanian market, focusing on companies that offer energy efficiency services. Also, the company says is ready to provide key components for an electrical…more »

Renault Group spent over EUR 35 mln for employee training in Romania since 2000

Auto April 23, 2012 14:44 0 comments

Employees of French Renault Group based in Romania have taken a total of 5.5 million training hours in 900 subjects related to auto manufacturing in the last 11 years. The group has two training centers…more »

Ford to hire 500 workers in Craiova on increased production plans

Auto March 21, 2012 11:30 0 comments

US car manufacturer Ford has started this week to hire 500 workers in the Craiova plant, as a new model should enter the production lines this summer, according to Agerpres newswire that quotes company officials.…more »

Ford to pay EUR 14 mln in penalties for low production in Craiova

Auto March 19, 2012 14:05 0 comments

US car manufacturer Ford has to pay a penalty of EUR 14.2 million as it failed to meet car production targets in the privatization contract agreed with Romania in 2007, according to Agerpres newswire. At…more »

Metair buys car battery manufacturer Rombat

Auto March 15, 2012 12:36 0 comments

Metair Investments, through its wholly-owned subsidiary Metair International Holdings Cooperatief U.A. has acquired a 99 percent stake in Romanian automotive lead-acid batteries manufacturer Rombat SA for  EUR 42.8 million. The transaction is one of the…more »

The operational leasing market in Romania set to growth mode

Auto October 19, 2011 14:29 0 comments

The operational leasing market is expected to grow by 20 percent this year, with a turnover of EUR 250 million, according to the Romanian Association of Operational Leasing Companies (ASLO). This statement was made during…more »

Test drive: Does the Nissan Juke box you in or let you out?

Auto April 04, 2011 11:41 1 comment

Any veteran car manufacturer has in its portfolio a representative model. Mini was the pioneer, followed by Fiat’s new generation. Citroen also came up with the DS3, a modern lifestyle version and not just a…more »