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.

Ebm-papst Automotive & Drives Romania Inaugurates EUR30M Investment In Oradea On April 29
04.23.2025

Ebm-papst Automotive & Drives Romania, present on the Romanian market since 2017, where it has a factory in Oradea, is betting on further local... more
Romania Car Output Downturn Continues in Q1/2025
04.16.2025

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
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
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
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
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
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

Allianz Trade: Romania’s Economy To Grow By 3.1% In 2025 And 3.6% In 2026

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

Romania Ends 2024 With Current Account Deficit Of EUR29.3B, Higher By EUR7.8B vs 2023

Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data

CFA Romania Analysts See Leu at 5.15 Units/Euro, Predict 4.97% Inflation, 1.5% Economic Growth for Next 12 Months

Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania

EBRD Expects Romania Economy to Grow by a Mere 1.8% in 2025

Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the

Colliers: Romania’s Economy Enters 2025 With Positive Long-Term Prospects, But With Significant Challenges Ahead

Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers

Romania Pillar II Private Pension Funds Will Be Able to Invest Up To 10% of Assets in Mutual Funds, from 5% Currently

Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of

Romanian Investors Spent EUR577M on Acquisitions in the Region in 2024, Three Times More against 2023

Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from

Colliers: Romania's Land Market Remained Stable In 2024, With EUR450M Transactions, Similar To 2023 Level

Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded

Analysis

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.