Tesla Readies Opening Of Center In Capital Bucharest

12.15.2020
U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ five people, namely, a store manager, two service technicians, a service manager and a sales advisor.
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Romania Car Output Downturn Continues in Q1/2025
yesterday, 10:42
Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which... more
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Autoitalia Likely To Start Chery Imports Locally
04.14.2025
Autoitalia, the importer of Fiat, Jeep, Alfa Romeo and Chinese brand Leapmotor, is likely to also start Chery imports locally, in line with car... more
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Dumagas Enters German Market, Aims For EUR20M Revenue
04.09.2025
Dumagas Transport, which was taken over by Omnia Capital two years ago, has entered the international market with a fast-paced expansion to... more
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APAN Group Invests EUR5M In Porsche Service Center In Iasi
04.02.2025
The APAN Group, one of the largest car dealers in Moldavia, has invested EUR5 million in a Porsche service facility in Iasi, the third in the... more
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BMW TechWorks Romania Triples Headcount
04.02.2025
BMW TechWorks Romania, a tech hub developing products and services for the car giant, is marking a significant stage in its evolution, reaching a... more
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Ion Tiriac In Talks with BYD for Bucharest Car Dealership
04.02.2025
BYD, the Chinese car giant expanding on the European market, is in talks with Tiriac Auto, the largest dealership network locally, for a showroom... more
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Nokian Tyres Oradea Plant Starts Delivery Of Tires
03.28.2025
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach... more
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Optibelt Power Transmission Expects About EUR63M Revenue In 2025
03.28.2025
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as... more
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Eckerle Automotive Swings To RON1.9M Loss In 2024
03.27.2025
Car parts supplier Eckerle Automotive, the Romanian subsidiary of Germany’s Eckerle, switched to loss in 2024, reporting a negative result of... more
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Deloitte: Consumer Interest In Electric Vehicles Declines In Favor Of ICE Cars
03.20.2025
Consumer interest in electric vehicles (EVs) continues to decline in the world’s largest markets, in favor of the internal combustion engines... more
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Ford Otosan Romania Likely to Set Up Local R&D Center
03.18.2025
A local R&D center is likely to be added to car and engine production and EV battery assembly, stated Firat Elhuseyni, Ford Otosan Romania president. more
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Law Firm Bulboaca & Asociatii Assisted Eazy Asigurari In Deal With Autonom Group
03.17.2025
Law firm Bulboaca & Asociatii provided legal advice to Eazy Asigurari during a deal whereby Autonom Group, a leasing and rent-a-car business... more
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Ford Otosan Craiova Starts Delivery Of First Electric Vehicles Made In Romania
03.14.2025
Ford Otosan’s Craiova plant is starting deliveries of the first electric cars made in Romania to Ford dealers throughout Europe. more
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Türkiye’s Ford Otosan Hikes Craiova Plant Production Capacity for Second Time
03.14.2025
Ford Otosan’s Craiova plant benefited from a new production capacity increase, to 300,000 vehicles at present. more
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Romania Car Output Down 14% in Jan-Feb 2025 To 85.260 Units
03.12.2025
Romania car production declined by 14% in the first two months of 2025 against the year-earlier period, to a total of 85,260 units, in line with... more
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E.ON Energie Romania Completes Construction Of Photovoltaic Plant For Continental Automotive In Timisoara
02.26.2025
Gas and electricity provider E.ON Energie Romania, a subsidiary of German utility group E.ON, has recently completed the construction of a... more
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Softronic To Make Transmontana Locomotives In Craiova For Freight Trains In Serbia
02.25.2025
Craiova-based Softronic, a company specializing in the manufacture of new rail vehicles and in upgrading existing ones, has obtained a license to... more
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Hungary’s AutoWallis Brings Chinese EV Brand Farizon In Romania
02.19.2025
Hungary’s AutoWallis Group, based in Budapest, is bringing the first Farizon electric commercial utility vehicles made in China to Romania and... more
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Liviu Balan Becomes Head Of Country For Continental’s Automotive Business In Romania
02.17.2025
Liviu Balan, an executive with a more than 20-year local and international experience at Continental, will take over the position of head of... more
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PwC Autofacts: New Car Sales in Romania Set to Inch Up by 1.1% in 2025
02.14.2025
Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.