Mihai Bordeanu

The pandemic made us more agile

by AutomotiveInterviews

In Romania, Dacia maintains its leading market position, dominating the sales ranking despite the difficult economic context. However, the components shortage that affected the global car industry did not bypass Dacia. Since the first quarter of this year, when it hit the industry, we have been coordinating our response at group level within crisis units with the procurement and logistics teams in order to adapt and meet customer demand. The crisis is still not over, it is still affecting us. In July, production at our Romanian vehicle plant was interrupted for three days.

companies

2014: Tepid recovery in SEE stops short of recharging corporate batteries

by Features

Subdued domestic demand and low exports, limited credit growth due to high non-performing loan ratios, market volatility and political uncertainty continued to curb the financial performance of the companies in Southeast Europe (SEE) in 2014. Overdue structural reforms weigh on the economies in the region, which failed to benefit fully from cheaper oil and the recovery of the euro area to offset the downward pressure of the Russia-Ukraine crisis.

Label-Top-100

Bottomlines under more pressure as competition intensifies

by AnalysisFeatures

The slow recovery in the European Union, Southeast Europe’s (SEE) main trading partner, the sluggish prospects facing nearly all economies in the region and shrunken domestic demand all left their mark on corporate bottomlines in 2013. At the same time, long overdue structural reforms, fiscal and regulatory volatility and poor infrastructure continued to be a drag on local businesses. Against this backdrop, the performance of the companies in the SEE TOP 100 ranking was expectedly lackluster – their combined revenues in 2013 were flattish, with nearly half of the entrants seeing a decline in their revenues.

SEE Top Industries

SEE: a land of promise for automotive industry investors

by AutomotiveFeatures

The International Organisation of Motor Vehicle Manufacturers (OICA) has said that 80.1 million motor vehicles were manufactured worldwide in 2011, a 3.1% year-on-year increase in global automotive production. The number of passenger cars produced rose to 59.9 million from 58.3 million in 2010.
The combined output of motor vehicles in the three Southeast European countries manufacturing them in 2011 – Romania, Slovenia and Serbia – fell by 9.5% from 2010 to 525,141 units.
Forecasts for the next three years indicate recovery for both global and European automobile production.