News

July 24, 2021

In the months and years to come, Citroën will completely review its range with the aim of resuming growth. Zoom on the future models of the chevron brand.

Like Renault, which has started a real revolution in recent weeks under the aegis of its new CEO Luca de Meo, Citroën begins a new era which should allow it to return to growth. To achieve this, the brand will deeply renew its range by focusing on the most profitable models and electrification.

July 24, 2021

Saint-Gobain announces the construction of a second plasterboard manufacturing line in its Turda plant, in northern Romania.

This €45 million investment aims to considerably increase the plasterboard manufacturing capacity in Romania in order to meet the rapidly growing local needs as well as those of the Central and Eastern European countries, and to secure Saint-Gobain's leadership position in light construction markets.

July 19, 2021

Energy commodity prices continued their upward surge in June, rising 9,4%. This follows a 7,2% rise in May. Non-energy prices eased 1,4% in June, after rising 6,5% in May.

July 18, 2021

Strong national variations in EU sales of electric cars are clearly correlated to a country’s standard of living, according to new research by the European Automobile Manufacturers’ Association (ACEA).

Battery electric and plug-in hybrid cars made up 10.5% of all new cars sold in the EU last year. However, 10 member states still had a market share of lower than 3%. The analysis demonstrates that consumer uptake of electric cars is directly linked to a country’s GDP per capita, indicating that affordability remains a major issue.

 

July 18, 2021

Rolls-Royce is entering new aviation markets to pioneer sustainable power and as part of that mission we will be developing energy storage systems (ESS) that will enable aircraft to undertake zero emissions flights of over 100 miles on a single charge. In order to deliver this ground-breaking technology, we are planning an £80m investment in ESS over the next decade, that will create around 300 jobs by 2030 and strengthen our position as the leading supplier of all-electric and hybrid-electric power and propulsion systems for aviation.

July 17, 2021

Mumbai-listed car parts producer Sandhar Technologies, with operations in Spain, Poland, and Mexico, will invest EUR 25 million in a production facility located in the Prejmer industrial park, in Brasov county (central Romania).

The investment will create 125 workplaces, according to the local authorities that confirmed the project. The company will develop the plant this year.

July 17, 2021

Electric bikes have been on the market for a number of years now. But thanks to increasing affordability, a pandemic induced cycling boom, and a growing appetite for more sustainable modes of transport, sales have snowballed in recent months. Indeed, according to the Bicycle Association – the trade body for the UK cycle industry – e-bike sales grew by 67 per cent in 2020 and are expected to triple by 2023.