Cefin becomes exclusive partner of Ford Trucks in Romania

Cefin Trucks, one of the biggest commercial vehicle distributors in Romania, has closed an exclusive partnership with Ford Trucks to sell Ford trucks in Romania. Cefin will allot its whole network for sales and post-sale services and will invest EUR 1.5 million to finance the inventory. In the first full year of operations (2017), Cefin Trucks plans to sell 185 new Ford trucks and reach 300 units in 2018. The Ford truck sales are estimated at some EUR 12 million in 2017, according to Cefin. “To reach these objectives and support the development of the Ford Trucks network in Romania we will significantly increase the current team,” said Stefano Albarosa, the founder and CEO of Cefin group. Cefin Trucks has been active in the local auto sector since 1995. The company used to be the main dealer for Iveco trucks in Romania. Cefin also has operations in the real estate sector. editor@romania-insider.com