March 13, 2024

Heilind Electronics, a global leader in connector distribution, and Panduit, a renowned supplier of networking and electronic solutions, will participate in the upcoming Automotive Expo & B2B Meetings, co-located with the Manufacturing Expo in Sibiu, Romania. With a network spanning 40 locations worldwide, including a new facility in Germany, Heilind ensures efficient order processing and offers global "Value-Added Services." Together with Panduit, a provider of innovative electrical and network infrastructure solutions, Heilind will present the latest advancements in electronics, mobile solutions, software development and energy technologies at Automotive Expo.

March 11, 2024

BMW and NTT DATA have signed an agreement to establish a Joint Venture in Romania. The BMW Group and NTT DATA have been collaborating across a wide array of projects for over 30 years. 

The companies announce plans to open a new software development center for software solutions in Cluj-Napoca. This collaboration aims to assist the carmaker in leading the digital transformation.

March 7, 2024

Series production will start in Romania and Mexico in 2025; in this context, FORVIA HELLA will also bring the NCAP-relevant safety function "Child Presence Detection" based on ultra-wideband technology onto the streets for the first time.

The Smart Car Access system from FORVIA HELLA is based on ultra-wideband technology (UWB). The system allows the end user to open and close the car completely hands-free and start the engine without having to pick up their smartphone. 

March 6, 2024

Energy prices increased 1.1% in February, led by oil (+3.7%).

Raw materials gained 0.8%, while beverages surged by 12.7%. 

Metal prices declined by 1.9%, led by iron ore (-8.4%) and zinc (-6.2%).

March 6, 2024

TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity.

The Folia range is a revolution in the field of metalworking. It is a bio sourced and water-based fluid free of oils and emulsifiers. With a high lubricity and an excellent colling power, it offers users a unique solution for multiple metalworking operations.

March 4, 2024

Bosch has teamed with Microsoft to explore how to harness generative AI for vehicle enhancements and safety. The collaboration aims to improve automated driving functions using generative AI. 

The expectation is that generative AI will enable vehicles to assess situations and react accordingly, and in this way keep road users even safer.

March 4, 2024

Niron Magnetics, a startup developing high-performance, rare earth-free permanent magnets has received $25 million in new strategic funding in a round led by Samsung Ventures. The company is developing more sustainable and affordable rare earth-free permanent magnets, which can be used for EV motors and other applications. The Minnesota-based company is also backed by three major automakers: General Motors, Stellantis and Volvo Cars.