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Articles in category Automotive

Amrom Automotive to Buy Claims in Aro 4WD (MORE)
Amrom Automotive 2006 plans to buy claims worth 1.5 million euros from creditors of Aro Campulung plant, ACT Media news reports. ''We are holding negotiations with representatives of the...
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Rombat Increases Revenues
Rombat Company from Bistrita County (northern Romania), a car battery producer, registered over the first six months of the year 12.7 million euros (45.6 million lei) in turnover,...
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Dacia to boost turnover by over 1 billion euros
French Renault Group, which makes the Logan model, will boost the production capacity of the plant in Ploiesti from 235,000 to 350,000 units by January 2008. This...
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Avia Motors triples profit, doubles business
Avia Motors, Skoda dealer on the domestic market, in 2005 tripled its gross profit, which reached 2.1 million euros, compared with 670,000 euros in the previous year. "The...
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Romanian car exports upsurge over six months
Romanian auto exports increased by 75.7 percent in the first six months of the current year, compared with the same period last year, according to information provided by...
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ACE to build third Romanian factory in Dej
Spanish group ACE, a manufacturer of electrical components for vehicles announced it would begin construction work on a third facility in Dej next month. The space allocated for...
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Turbomecanica Signed a Contract with Rolls Royce
In July 2004 during the Farnborough International Air show, Rolls-Royce plc and Turbomecanica S.A. signed a long-term contract for the supply of aero-engine components from Turbomecanica S.A., according...
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Amrom Automotive buys 1.5m-euro debt
Amrom Automotive 2006, whose chairman of the Board of Directors is the former vice-governor of the NBR (National Bank of Romania) Vlad Soare, intends to buy receivables worth...
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Amrom set a plan to buy ARO piece by piece
The Romanian company Amrom Automotive 2006, whose chairman of the board is former deputy governor of the National Bank of Romania Vlad Soare, plans to buy a 1.5...
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Hyundai sales double
Hyundai sales on the Romanian market increased by 96% in the first semester of the current year, comparing with the same period of 2005 with approximately 3,350 cars...
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