The agreement whereby Ford Otosan, Europe’s largest commercial vehicle manufacturer, takes ownership of Ford’s Craiova plant has been successfully completed. With this agreement, Ford has transferred ownership of its Craiova plant, which produces vehicles and engines, to Ford Otosan, allowing the company to expand its operations internationally. This year, on 14 March, Ford announced that the Craiova plant will produce the new generation of the Courier model, both the Transit (freight) and Tourneo (passenger) variants, which will enter production in 2023, with an all-electric version from 2024. The Ford Puma, Ford’s best-selling passenger car in Europe, will also benefit from a fully electric version in 2024, to be produced at the Romanian plant. To support the launch of the next generation Courier, Ford Otosan today announces an EUR 490 million investment at its Craiova plant, to be implemented over the next three years. This will increase the total production capacity of the Craiova plant from 250,000 vehicles/year to 272,000 vehicles/year. Ford Otosan’s Craiova plant plays a key role in Ford’s electrification plans in Europe, and with this acquisition, the Romanian plant will benefit from Ford Otosan’s extensive experience and expertise in electrification, commercial vehicle design, engineering and manufacturing. Ford Otosan’s expertise and know-how in electrification, as seen in the recently launched flagship E-Transit model, will also be reflected in the electric vehicles that the company will produce in its Craiova plant. Ford also announces that, in the context of the transfer of ownership in Craiova, a new company – Ford Romania Services SRL – has been created to integrate the sales and marketing activities of Ford in Romania (National Sales Company), headed by Roxana Capata and Ford Business Solutions Center (FBS), headed by Dieter Rogmann. In addition, some additional European functions, such as Purchasing and Accounting Services, which operate from Craiova, will operate within Ford Romania Services.
Romanian president Klaus Iohannis was on a visit to Berlin from November 15 to 18 to signal the strong ties between Romania and Germany with a speech in the German Bundestag. He also met German chancellor Olaf Scholz and president Frank-Walter Steinmeier. During his speech, the Romanian president said that the friendship between the two […]
In a rapidly digitalizing world, companies face numerous challenges in managing documents and data efficiently. Andrei Negulescu, Strategic Digitalisation Manager at Matricia Solutions, shares unique insights into how his firm helps businesses navigate the complex journey of digital transformation. In today’s world, every business talks about digital transformation, but few know how to make it […]
The Bucharest National Airports Company, which operates the two main airports of the capital, wants to purchase 450 benches for passengers in the boarding gate area of the Henri Coandă International Airport, better known as the Otopeni Airport. According to the announcement, CNAB will purchase 250 three-seat benches and 200 four-seat benches. The contract is […]
Dorin Bob, a Romanian businessman, invested in a project called Pădurea cu Aluni (The Hazelnut Grove), aiming to become the hazelnut supplier for global brand Ferrero. The Transylvanian businessman, who owns the Arovit canned goods brand, currently operates a 460-hectare hazelnut plot in Homoroade, Satu Mare County. He recently acquired a new 211-hectare plot in the […]
The total number of recipients of social benefits for retired persons was, in October 2024, 925,865 – 2,322 lower compared to the previous month, according to the data provided by the National Public Pension House (CNPP) and quoted by Economica.net. Of these, 832,693...
The team of Kosovo abandoned during the stoppage time in the 92nd minute of the football match against Romania in Bucharest counting for the Nations League, accusing the Romanian fans of "racism" after the later sang Serbia-related chants. The Romanian team remained on the pitch for 74 minutes until the referee decided to put an […]
