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SEAT sales up by over 32% after 9 months
SEAT, the Spanish division of the VW-Audi group, saw a 32.5% sales increase in the first nine months of the year, to 3,660 units, compared with the same time last year. The Ibiza remained th...
Newcomers stir up competition on furniture market
The launch of new furniture stores on the medium-price segment is expected to continue to stir up competition on the domestic market, whilst pressures on prices and supply segmentation alrea...
Covalact shareholders come up with 4m euros to increase capital
Covalact, the dairy producer, which this year sold 70% to US-based investment fund SigmaBleyzer, will increase its share capital by 13.5 million RON (around four million euros), in order to...
Ford sales up almost 83% in September
Ford sales on the Romanian market went up by over 59% in the first nine months of this year, to 14,632 units, against the same time last year, a higher growth rate against the 56% in the fir...
BMW: Delivery period to be reduced by up to six weeks
"For BMW's range of models assembled in Europe, the delivery period will be cut by six weeks, to somewhere between six and eight weeks, while for the X5 SUV, which is manufactured in BMW's p...
Over 500 Spanish-held firms set up in Romania in H1
During the first half of this year, more than 500 Spanish companies arrived on the Romanian market and registered a level of invested capital five times higher than in 2006. "From almost 2,3...
NBR's foreign currency reserve up by 510m euros
The NBR's (National Bank of Romania) foreign currency reserve reached 25.2 billion euros at the end of September, a 510 million-euro rise against the previous month. The rise occurred amid a...
MPV segment sales pick up speed
In the first eight months of the year, sales of MPVs (family cars with a minimum of five seats) have seen an almost 100% increase against the same time last year, to 2,222 units. The best se...
Post-sale services catch up with car market
The rise in the number of vehicles registered in Romania has led to a spectacular rise in the number of authorised servicing centres, which has now reached over 3,500 nationally, according t...