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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]
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]
Since 1990, several foreign companies, including Mercedes, Audi, Hyundai, Volvo, Toyota, and Peugeot, expressed interest in opening branch plants in Romania. [2] In 2014, the Romanian automotive industry ranks fifth in Central and Eastern Europe, behind that of the Czech Republic, Slovakia, and Poland.
The only original Porsche parts are windows and windscreen wipers borrowed from the 964 and 993. [7] The CTR Anniversary uses a 3.6-litre water cooled twin-turbocharged flat-6 engine producing 700 hp (710 PS; 522 kW), and a custom 7-speed transmission built to Ruf's specification by ZF ., [ 8 ] and is unrelated to any Porsche transmissions.
Romania has strength in information technology and other significant areas such as auto components, chemicals, apparels, pharmaceuticals and jewelry. [citation needed] The European Union provides €143 million in aid to Ford Motor Company plants in Romania. The aid is part of a total investment of €600 million (US$934 million) in the plants ...
Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is majority owned by the Austrian-German Porsche-Piëch family. [a] [5] The company was founded in Stuttgart as Dr. Ing. h.c. F. Porsche GmbH in 1931 by Ferdinand Porsche (1875–1951) [6] and his son-in-law Anton Piëch (1894–1952).
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