Automobile Craiova

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SC Automobile Craiova SA
legal form Societatea Anonimă
founding 1991
resolution after 2007
Seat Craiova , Romania
Branch Automobile manufacturing

SC Automobile Craiova SA , also known as ACSA for short , is a former automobile manufacturer based in the Romanian city ​​of Craiova .

history

The company was founded in 1991 after privatization as the successor to Oltcit SA . In October 1994 Automobile Craiova formed the Daewoo Automobile joint venture (together with Daewoo , which held a majority of 51% in it).

According to its own website, Automobile Craiova was active as a Daewoo dealer, as a parts manufacturer and dealer and as a manufacturer of window systems between February 2002 and June 2004.

In September 2007, Ford was the sole bidder to acquire 72.4% of Automobile Craiova's capital for $ 57 million , with a commitment to invest $ 675 million in production facilities and create additional jobs. Ford took over a majority stake in both Daewoo Automobile and Automobile Craiova . Since May 2009 Ford has even held a 95.63% stake in Automobile Craiova .

The company was later renamed Ford Romania .

Models

The small car Oltcit was produced , initially under its original brand name . This was soon in Oltena changed: in 1989, 1991 or 1994. From 1995, the Oltena got a facelift and the name "Rodae" ( Ro Manian Dae woo).

Individual evidence

  1. ^ Lim Jia Woon: Asian FDI in Central and Eastern Europe and its impact on the host countries . In: Asia Europe Journal . tape 1 , no. 3 , August 1, 2003, p. 349-369 , doi : 10.1007 / s10308-003-0041-0 .
  2. ↑ According to Istvan Egresi, Daewoo is said to have acquired a stake in Automobile Craiova . This representation contradicts both the ACSA website and Woon (2003) and the mentioned EU statement indirectly.
  3. ↑ Automobile Craiova website ( Memento of February 6, 2002 in the Internet Archive ) (Romanian)
  4. ↑ Automobile Craiova website ( Memento from June 12, 2004 in the Internet Archive ) (Romanian)
  5. ↑ a b Istvan Egresi: Foreign Direct Investment in a Recent Entrant to the EU: The Case of the Automotive Industry in Romania . In: Eurasian Geography and Economics . tape 48 , no. 6 , 2007, p. 748-764 , doi : 10.2747 / 1539-7216.48.6.748 .
  6. ^ State aid - Romania. State aid C 39/08 (ex N 148/08) - Training aid for Ford Craiova. Call for comments under Article 88 (2) of the EC Treaty (Text with EEA relevance) (2008 / C 270/13). In: Official Journal of the European Union. October 25, 2008. Retrieved November 11, 2018 .
  7. ↑ Ford a cumpărat vineri încă 0.88% din Automobile Craiova, pentru 2.94 milioane lei , money.ro, April 13, 2009
  8. ↑ Harald H. Linz, Halwart Schrader : The International Automobile Encyclopedia . United Soft Media Verlag, Munich 2008, ISBN 978-3-8032-9876-8 , chapter Oltcit.
  9. ↑ George Nicholas Georgano (Ed.): The Beaulieu Encyclopedia of the Automobile . Volume 2: G-O . Fitzroy Dearborn Publishers, Chicago 2001, ISBN 1-57958-293-1 , pp. 1144 (English).
  10. ↑ Marián Šuman-Hreblay: Automobile Manufacturers Worldwide Registry . McFarland & Company, London 2000, ISBN 978-0-7864-0972-3 , pp. 215 (English).
  11. ↑ Dan Marius Voicilas: The Transition of the "Traditional" Romanian brands . In: International Journal of Sustainable Economies Management . tape 1 , no. 2 , 2012, ISSN  2160-9659 , p. 51-60 , doi : 10.4018 / ijsem.2012040106 ( bsb-muenchen.de ).
  12. ^ Bernard Vermeylen: Cars from the Eastern Bloc , Verlag Delius Klasing, Bielefeld, ISBN 978-3-7688-3149-9 , p. 106