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Ford bought the Automobile Craiova plant for $57 million, planning to produce automobiles at a rate of over 300,000 units a year by 2010. [3] [4] [5] Ford said it would invest €675 million (US$923 million) in the former Daewoo car factory and that it would buy supplies from the Romanian market worth €1 billion (US$1.39 billion). [6]
ARO (short for Auto Romania) was a Romanian off-road vehicle manufacturer located in Câmpulung. The first ARO vehicles were produced in 1957, and the last in 2003. For a short while, Daihatsu-powered AROs were sold in Spain and produced in Portugal under the "Portaro" brand. In Italy, AROs were produced and sold under the ACM brand, often ...
Ford Otosan Romania SRL, commonly referred to as Ford Romania, is an automobile manufacturing company operated by Ford Otosan, located in Craiova, Romania. [4] The company was established in 2008 after Ford's purchase of Daewoo Automobile Romania. In 2022, the Ford Romania company was purchased by Ford Otosan and changed its name to Ford Otosan ...
S.C. Automobile Dacia S.A., [5] commonly known as Dacia (Romanian pronunciation: ⓘ), is a Romanian car manufacturer that takes its name from the historical region that constitutes present-day Romania. The company was established in 1966.
The Automobile Dacia company is the main exporter from Romania with a market share of 10% of total exports. [ 7 ] Constanța County represents an important part of the Romanian economy due to the Cernavodă Nuclear Power Plant which generates 18% of the total electricity output of the country [ 8 ] and the Port of Constanța , one of the ...
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In 2018 Romania enjoyed one of the largest world market share in machine tools (5.3%). [citation needed] Romanian-based companies such as Automobile Dacia, Ford, Petrom, Rompetrol and Bitdefender are well known throughout Europe. However, small- to medium-sized manufacturing firms still form bulk of the manufacturing sector.
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