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Automotive Month

EUR 200 million investments by 2021 announced by Pirelli in Romania

Italian tyre manufacturing giant Pirelli announced that it plans to invest EUR 200 million in the next five years at its factory in Slatina, where the Italian group produces premium tyres for the Eastern European market. The announcement was made by the Executive Vice Chairman and CEO of Pirelli Marco Tronchetti Provera at the anniversary […]

USD 30 Million Chinese-Romanian Automotive Investment Project Announced Today

USD 30 Million Chinese-Romanian Automotive Investment Project Announced Today   InvestRomania co-organized today an investment forum in partnership with the People’s Government of Xiangshan County (China), supported by the Chinese Embassy in Romania with the aim of attracting Chinese investors from Xiangshan County, who were presented the investment opportunities and competitive advantages that Romania offers, […]

About 13% y-o-y increase in cars sales for the first 7 months

According to the Automotive Manufacturers and Importers Association, in July 2016 were sold about 14700 cars (+14,8% yoy), while in the first seven months of 2016 were sold more than 75860 cars (+12,9% compared to January – July 2015). During the same period the best-selling car producers were Dacia (18.5k), Volkswagen (6.3k), Skoda (5.9k), Renault […]