Search results
Results from the WOW.Com Content Network
Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom .
In 1948 the activity of the Market for Effects, Actions and Exchange was stopped, with the establishment of the Communist regime in Romania and the beginning of the nationalisation process. At that time, shares issued by 93 companies and 77 fixed-income instruments (bond type) were listed on the Bucharest Stock Exchange.
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.
As of 2024, the National Committee of Macroprudential Oversight of Romania has identified 9 locally-incorporated banks as systematically important and thus have to meet more stringent requirements: [10] Banca Transilvania; BRD – Groupe Société Générale; Banca Comercială Română (Erste Group) UniCredit Bank; Raiffeisen Bank; CEC Bank ...
Following Alois Sr's. death in 1974, 24-year-old Alois Jr. took control of the business and focused on his passion: Porsche vehicles, and especially the 911. A year later in 1975, the first Ruf-enhanced Porsche came to life. Ruf debuted their first complete model in 1977, a tuned version of Porsche's 911 Turbo with a stroked, 3.3-litre motor ...
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.
In 2024, Lynk & Co appointed automobile group SEEAG to expand their business in southeast Europe, starting with Romania and Greece, then followed by Slovenia, Croatia, Bulgaria, Serbia, Bosnia-Herzegovina, Montenegro, North Macedonia, Kosovo, Albania, and Moldova during 2024. [36] [37]
Defunct motor vehicle manufacturers of Romania (3 P) B. Bus manufacturers of Romania (6 P) C. Car manufacturers of Romania (2 C, 5 P) Cars of Romania (2 C, 21 P) E.