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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Automobile Dacia Seeks to Hire 138 People at Mioveni Plant
02.08.2024
Carmaker Automobile Dacia currently has 138 jobs available at the Mioveni plant. more
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Ford Otosan Craiova Set to Start New Puma Production in 2Q
02.08.2024
Ford Otosan Romania will start the production of the Puma facelift in Craiova in the second quarter of this year and deliveries to local clients... more
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Telecom And Automotive Component Plant Faist Oradea Reports EUR50M Turnover For 2023
02.08.2024
Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of British group Faist, had a turnover of EUR50 million in... more
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Statistics Board: New Passenger Vehicle Registrations Up 6.7% YoY In Q4/2023
02.06.2024
New registrations of road vehicles for passenger transport in Romania increased by 6.7% in the third fourth of 2023 compared to the fourth quarter... more
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ACAROM: New Car Registrations In Romania Up 4.15% YoY To 12.733 Units In January 2024
02.02.2024
New car registrations in Romania increased by 4.15% on the year to 12,733 units in January 2024, in line with data released on Feb 2 by Romanian... more
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EIB Signs EUR40M Loan With Eldrive To Expand EV Charging Networks In Romania, Bulgaria And Lithuania
01.30.2024
The European Investment Bank (EIB) has signed a EUR40 million loan to Eldrive Holding GmbH to install 8,472 electric vehicle (EV) charging stations... more
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Eldrive Holding Set to Install 4,376 EV Charging Stations in Romania
01.26.2024
The European Investment Bank has sealed a EUR40 million loan agreement with Austria’s Eldrive Holding, controlled by Bulgarian investors, for the... more
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Dolo Trans Olimp Expects 30% To 35% Growth In Revenue In 2024
01.22.2024
Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35%... more
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ACAROM: Romania’s Car Production Hits Record High YoY In 2023, To 513,050 Units
01.22.2024
Romania's two carmakers, Automobile Dacia and Ford Otosan, manufactured a record high of 513,050 vehicles in 2023, 0.7% more than in 2022 and 22%... more
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EY Index: 25% Of Buyers Acquire Their Cars Online But Dealerships Remain Crucial For Transition To EVs
01.18.2024
One in four buyers purchase their cars online, but dealerships remain crucial for the transition to electric vehicles (EVs), according to the... more
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New Car Registrations in Romania Up almost 12% YOY To 144,611 Units
01.18.2024
Romania ranks 14th in the EU by the number of new passenger cars registered in 2023, with a volume of 144,611 units, up 11.8% from 2022, out of... more
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Preh Romania Expects EUR260M Revenue In 2024
01.17.2024
Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, expects EUR260 million revenue this year, while the car... more
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Dacia Sales Rise Almost 15% Globally in 2023 To 658,321 Units
01.17.2024
Renault group on Wednesday announced in its annual report that Dacia brand in 2023 registered total sales of 658,321 units globally, up 14.7%,... more
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Car-Sharing Company Spark To Shut Down Operations In Romania On February 1, 2024
01.11.2024
Lithuania’s Spark, a car-sharing service that allows people to rent electric cars via a mobile application, has informed its users in Romania via... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal 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
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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.