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Companies to suspend activity following Coronavirus threat

Three companies working in the Romanian automotive industry announced they would suspend their activity for the following weeks, due to the Coronavirus pandemic scare. Automobile Dacia, Ford Craiova and Pirelli Slatina are the three players who will temporarily stop their activities, as a way to prevent the spread of the new Coronavirus, officially raised to […]

Volkswagen plants to use eco-electricity

Officials at Volkswagen intend to increase the use of renewable energy in their vehicle production and assembly plants. Volkswagen’s Brand Board of Management Member for Production, Andreas Tostmann has announced the company will increase the use of eco-electricity from 70% to 90% in 2020. The company is making continuous progress towards the target-year 2050, when […]

WITTE Automotive expands Bulgarian factory

One of the leading players in locking systems for the automotive industry, WITTE Automotive, went forward with a necessary strategy to increase its production area. WITTE Automotive Bulgaria almost doubled its production area at the country’s factory, in the city of Ruse. |The company announced this achievement at an official ceremony, with Bulgarian politicians, businesspersons, […]

Japanese tire company sets eyes on Serbia

Officials from the Toyo Tire Corporation, a Japanese business, announced they will establish a subsidiary in the Republic of Serbia, in order to build a new tire manufacturing plant. The site chosen for the new factory is the town of Inđija, located halfway between the capital-city of Belgrade and the city of Novi Sad, near […]

thyssenkrupp invests in a new damper plant in Romania

thyssenkrupp AG, a German multinational conglomerate with focus on industrial engineering and steel production, opened a new plant for automotive components in the Romanian city of Sibiu. The plant will produce dampers for the company’s customers, with important names such as Daimler, Jaguar Land Rover and Porsche included. Total build costs for the new building […]