Industry | 30 May, 2025 at 4:21 PM
Teknia to use EIB loan for R&D investments in Europe
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
Holland Automotive Group of Canada has acquired the dealerships of Forza Rossa and British Motors in Romania.
Romania's automotive industry experienced a production decrease in the first months of 2025, even as the second-hand car market continues to grow.
With an extended lifespan of up to 5 years and superior beam quality, the bulbs are designed for use in low beam, high beam, and position lights.
In the current economic context, buying a car can pose a significant expense for Romanians, and securing favorable financing terms isn't always straightforward.
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
The final 18 kilometres of the A0 southern semi-ring road have opened to traffic on Monday, which will enhance highspeed road connectivity in southern Romania.
The Dr. Holhoș network has inaugurated the largest private ophthalmology hospital in Transylvania, following an investment of approximately €6 million.
Cargo traffic through the Port of Constanța dropped by over 27% in Q1 2025, while traffic via the Danube-Black Sea Canal was approximately 40% lower compared to the same period last year.
Romanian gas transmission company and its Serbian peer JP Srbijagas have signed a Memorandum of Understanding for the construction of two crucial natural gas pipeline projects.