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.
-
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
-
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
-
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
-
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
-
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
-
Klass Wagen Appoints Wizz Air’s Former Head Of E-Commerce Remus Moraru Chief Marketing Officer 02.07.2025
Romanian car rental group Klass Wagen has recruited Remus Moraru, former head of e-commerce of Wizz Air, as chief marketing officer. The goal of... more
-
New Car Registrations Down 6.4% In January 2025 02.06.2025
New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024... more
-
Statistical Office: New Passenger Vehicle Registrations In Romania Up 13.5% YoY In Q4/2024 02.04.2025
New registrations of road vehicles for passenger transport increased by 13.5% in the fourth quarter of 2024 compared to the fourth quarter of 2023,... more
-
Quantum Auto Max SRL Seeks To Buy Two Auto Centers In Bucharest 01.22.2025
The Competition Council is reviewing the deal whereby Quantum Auto Max SRL intends to buy assets related to the sale, maintenance and repair of... more
-
New Car Registrations in Romania Up 5.6% YOY in 2024, To over 150,000 Units 01.21.2025
New passenger car registrations in Romania went up by 5.6% in 2024 against 2023, to 151,105 units, while at EU level new car registrations inched... more
-
Denis Le Vot, Dacia Brand CEO: We’ll Develop Future Sandero In 100 Weeks 01.16.2025
The Renault Group will soon start the development of the next Sandero generation, which will have both conventional gas-powered engines and an... more
-
Autonom Services To List New Bond Issue At Bucharest Stock Exchange On Jan 21 01.16.2025
Autonom Services, the leading independent player in the Romanian operating lease and rent-a-car markets, will be listing a new bond issue, in the... more
-
Double Record in Romania Car Industry in 2024: 516,000 Cars Were Manufactured in Craiova and Mioveni 01.15.2025
Ford Transit&Tourneo Courier, Ford Puma, but also the new Dacia Duster have driven Romania automotive output to a record high volume of over... more
-
International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024 01.09.2025
At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate... more
-
Mioveni Dacia Plant Readies for Bigster 01.09.2025
Presented for the first time internationally in October 2024, at Paris Motor Show, the Dacia Bigster model can be ordered in Romania starting... more
-
New Car Registrations Up 2.4% Year-On-Year In Romania In 2024 01.03.2025
The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765... more
-
Competition Council Starts Public Debate On Railway Tariff Principles Guide 12.23.2024
Romania's National Railway Supervision Council (CNSDF), part of Romania's Competition Council, is submitting to public debate the “Guide on... more
-
Autoklass Center SRL Buys Brasov VW Dealer 12.17.2024
Autoklass Center SRL, the business controlled by Enrico Perini, who also owns Romstal, has taken over distribution and service activities for... more
-
Eurial Invest Delivers Over 500 Vehicles For Cris-Tim Group's Car Fleet 12.12.2024
Eurial Invest, the local dealer of Peugeot, Citroën, DS Automobiles and Opel, has concluded a partnership with Cris-Tim Group through which the... more
-
Hella Romania Set To Close Its Office In Oradea Amid Low Demand On Automotive Market 12.05.2024
Car parts manufacturer Hella Romania, the local division of Germany's Hella, will be closing its center in Oradea (northwest Romania), as per data... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
more
More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
more
Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
more
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
more
The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
more
The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
more
Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
more
Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
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.