Automotive
ACAROM: Romania New Car Registrations Drop 13% YoY In November 2021
New car registrations in Romania dropped by 13% on the year to a total 11,480 units year-over-year in November 2021 and by 0.9% to a total 110.377 units since the beginning of 2021, data fro...
EBRD Invests EUR10M In Autonom Services’ EUR48M Bond Issue
The European Bank for Reconstruction and Development (EBRD) has invested EUR10 million in a EUR48 million sustainability-linked bond issued by Autonom Services, a Romanian car leasing and re...
Autonom Services Raises EUR48M Via Private Placement of Bonds
Integrated mobility services provider Autonom Services announced on the Bucharest Stock Exchange on Thursday evening that it had successfully closed the private placement of the first tranch...
Romania Ranks 14th In The EU With Over 97,000 New Car Registrations In Jan-Oct 2021
New car registrations in Romania inched up 0.8% on the year to 97,870 units in January-October 2021, placing the country 14th in the European Union, data from the European Automobile Manufac...
Romania's Car Production Drops 6.5% YoY To 333,179 Vehicles In January-October 2021
Romania manufactured 333,179 vehicles in the first ten months of 2021, fewer by 6.5% than 356,491 units in the same period of 2020, data from the country's carmakers association ACAROM showe...
Ford Set to Bring Shared Services Center to Bucharest
Ford Europe wants to bring a shared services center to Bucharest and will lease 6,000 square meters of office space at first, adding more as it develops, according to property market data.
Porsche Engineering Romania Leases 2,100 Sqm of Office Space in Iulius Town in Timisoara
E-mobility, self-driving and artificial intelligence software developer Porsche Engineering Romania has signed a lease with Iulius Group for 2,100 square meters of office space in the United...
Electric And Hybrid Cars Double Market Share in Romania
Electric and hybrid car registrations reached 20.5% of the total new cars in October, data from the Automotive Manufacturers and Importers Association (APIA) show.
PwC: Car Sales In Romania Seen Up Just 0.7% In 2021, But Up Nearly 46% By 2024
Romania may record an increase of just 0.7% in sales of new passenger cars and light commercial vehicles (LCVs) in 2021, with 142,000 units sold, per an Autofacts report carried out by the P...