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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ACAROM: New Car Registrations Up 15.46% YoY To More Than 110.011 In January-September 2023
10.02.2023
New car registrations in Romania increased by 15.46% to 110,011 units in January-September 2023 compared to the same period of 2022, but fell by... more
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Brake Pads Maker TMD Friction Sees Revenue Up 20% To RON311.8M In 2022
09.27.2023
TMD Friction Romania, which owns the Textar brake pads brand, posted RON311.8 million (EUR63.2 million) revenue in 2022, up 20% compared with the... more
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Daniel Baluta, Bucharest District 4 Mayor, Pledges New Airport in Bucharest’s South
09.21.2023
Daniel Baluta, mayor of Bucharest’s District 4, together with Giurgiu County Council, have started procedures for the construction of an airport... more
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Tesla Likely to Open First Bucharest Showroom
09.18.2023
Tesla is likely to open its first dedicated center in Romania in the coming year and, in line with real estate data this could be located near Swan... more
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ACAROM: Romania’s Car Production Down 4.5% in July-Aug 2023 vs Year-Earlier Period
09.13.2023
The passenger car output of the two automotive plants of Romania, Dacia and Ford, in the July-August 2023 period dropped by 4.5% year-on-year, to... more
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Yazaki Closes Plant In Buzau, Cuts Jobs In Ploiesti
09.07.2023
Yazaki Group, one of the largest automotive component suppliers, on Thursday announced it would adjust production capacity given the current... more
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ACAROM: New Car Registrations Up 19% To 99,466 In January-August 2023
09.04.2023
New car registrations in Romania increased by 2.82% to 12,891 in August 2023 compared with August 2022, and by 19.3% to 99,466 in January-August... more
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Autonom Services Profit Shrinks 31% To RON12.2M In H1
08.30.2023
Autonom Services, the largest mobility network in Romania, held by brothers Marius and Dan Stefan, posted RON12.3 million net profit in... more
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Romania Ranks 14th In The EU With 87.275 New Car Registrations YoY In January-July 2023
08.30.2023
New car registrations in Romania grew by 23.3% year-over-year to 87.275 units in January-July 2023, placing the country 14th in the European Union... more
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Altur Slatina Posts RON75M Revenue And RON7.8M Net Profit in H1
08.29.2023
Automotive component maker Altur Slatina (ALT.RO) posted RON75.3 million revenue in the first half, slightly up on the RON73.4 million in the... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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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
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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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.