Industry Developments

Autos majors are investing millions of euros in expanding their sales operations in Bulgaria, a candidate for EU accession that witnessed the world's highest car sales growth rate... 2006-11-09

Plans to boost output at Tatra have begun to take shape after a consortium headed by the Vectra group acquired an 80.5% stake in the Czech truck manufacturer for US$57.8mn. Vectra... 2006-11-06

Good news for the Czech Republic's biggest bus producers Karosa Vysoke Myto and SOR. After seeing their respective shares of the domestic market slide in 2005, they have reported... 2006-11-02

Russian carmaker Avtotor and Chery of China are pursuing plans to build a new car plant in Kaliningrad, which is situated in a Russian enclave between Poland and Lithuania. The tie-up... 2006-10-31

Volkswagen has kicked off construction of its EUR400mn (US$510mn) plant in Kaluga, Russia. VW CEO Bernd Pischetsrieder was in the city this weekend to lay the symbolic foundation... 2006-10-30

business environment ranking

Renault continues to pump money into Romania. The country has proved a strong market for the French manufacturer thanks to its Dacia subsidiary and sales of the low-cost Logan vehicle,... 2006-10-26

According to Robert Prusinski, commercial director of Peugeot Rus Auto, the French carmaker will define a plan for producing cars in Russia before the end of the year. Peugeot has... 2006-10-26

Ukraine carmakers Bogdan and ZaZ have created a tie-up through which they will build a US$300mn plant in Russia, according to company sources. The plant, which will be located in... 2006-10-25

Hyundai's plan to construct a plant in Moravia, in the Czech Republic is now pending approval from the European Commission. The Czech antitrust authority UOHS has already stamped... 2006-10-24