The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Monday, 24 July 2017

Romanian Automotive Sector - what's new and exciting?


FRD Center has been constantly monitoring the #automotive #manufacturing sector in #Romania and the CE Europe.What is new and exciting in the Romanian Automotive Sector - one of the most dynamic automotive sectors in Europe?

Ford Romania announced plans to hire some additional 500 people in their Craiova plant by the end of 2017. The new employees will work in the Vehicle Production area supporting the new #EcoSport #SUV model. They will be joining some 1200 new employees already announced in April. Currently, there are some 2800 employees working for the #Ford #Romania operations.

Sales of green cars went up + 215.75% in H1 2017 in Romania, reaching 982 units, from 311 recorded in the same period in 2016, according to APIA (the Automotive Manufacturers and Importers Association) #electricars #electricvehicles

The Romanian Industrial Manufacturing sector presents numerous opportunities for foreign suppliers. More details in the FRD Center sector brief at http://market-entry-romania.blogspot.ro/2017/04/romanian-industrial-manufacturing.html

Romanian car producer Dacia set a new sales record in H1 2017, when it sold 332,845 motor vehicles, almost 12% higher than H1 2016. Some 170,430 units were produced in the Mioveni factory in Romania in the first six months of this year.

More details about the Automotive Components Manufacturing in Romania in the FRD Center analysis at http://market-entry-romania.blogspot.ro/2017/03/automotive-components-manufacturing-in.html

The Romanian Automotive Market continues to grow in 2017 confirming the Romanians' increasing purchasing power: In Q1 2017, the Romanian new car registrations went up 27.5% y-t-y to 22,276 units, this being the second biggest growth in the European Union. Ford has seen 57% increase in registrations in Romania in Q1 2017. 

More details in the FRD Center business blog posting http://market-entry-romania.blogspot.ro/2017/04/romanian-automotive-market-2nd-highest.html

Are you interested in the Romanian Automotive Manufacturing sector? Perhaps we can collaborate. 

For tailor-made market research, #B2B matchmaking with players in the Emerging Markets in Europe, for M&A assistance and target and deal origination feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

More details about the Deal Origination services provided by FRD Center in Romania and the Region are available at http://market-entry-romania.blogspot.ro/2017/02/deal-origination-in-romania-and-region.html

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