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Autonet Group, established in 1996 in Satu Mare, is one of the largest auto parts distributor in Hungary and Romania. It has an annual delivery of seven million spare parts to 9,000 customers in 13 countries, through their 31 companies. [1] In 2015, Swiss Automotive Group (SAG) acquired 51% of the company's shares. [2]
Porsche 918 Spyder, Boxster/Cayman, Porsche 991, 997, 996, 993, 964, 911, 928, 968, 912/912E, 914/6, 356. V8 Engines, Flat-6 Engines, Flat-4 Engines, Electric Motors for EV's 1951: 22,290: Porsche main factory – was used to build the Audi RS2 Avant under a joint venture agreement between Porsche and Audi. Built the 500E/E500 with Mercedes ...
Romania has a complex, high-income market economy, the 45th largest in the world by total nominal GDP and the 36th largest based on purchasing power parity. [1] The country is a regional leader in multiple fields, such as IT and motor vehicle production. [2] [3] In 2016, Romania was the 46th largest exporter of goods in the world. [4]
During the Communist period, Romania was one of the largest automobile producers in Central and Eastern Europe, however the industry declined after the 1989 revolution. Previously, other domestic manufacturers such as Tractorul Braşov, ARO and Oltcit existed, however they eventually went bankrupt due to botched privatization in the 1990s.
The founder of a Florida-based neo-Nazi group was convicted Monday of conspiring with his former girlfriend to plan an attack on Maryland’s power grid in furtherance of their shared racist beliefs.
Cluj-Napoca is the major economic centre of the region Oradea is another important economic and cultural centre of the region. The economy of Nord-Vest is mainly agricultural (46% of its population having agriculture as their main occupation), even though there is some heavy and light industry in the major regional industrial centres of Cluj-Napoca, Oradea, Baia Mare, Bistrița, Satu Mare and ...
Nord-Est (English: North East) is a development region in Romania. As other development regions, it does not have any administrative powers, its main function being to co-ordinate regional development projects and manage funds from the European Union. The Nord-Est Region is an area with a rich historical, cultural and spiritual background.
In March 2002, Porsche increased its stake to 51% and MHP became a subsidiary of Porsche AG. In June 2003, Porsche further increased its investment to 74.8% and once again in 2011 to 81.8% and in 2023 to 100%. CEO Dr.-Ing Hofmann sold the remaining 18.2% ownership stake to Porsche in 2023.
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