Speaking at the ZF Auto&Logistics 2017 conference organized by Ziarul Financiar on Thursday, Lahav said one must invest in wages, but an increase in the minimum wage cannot offset the lack of long-term investments.
In 2016, a total 72 million vehicles were produced, 5% more than in 2015. The Romanian market rose 21% in terms of new cars.
Lahav pointed out that tourism is one of the main problems Romania is facing, because it is not well developed, in terms of both infrastructure and government. Lahav concluded saying the company’s rent-a-car operations have seen an increase of over 10% from one year to another, over the last years, but the potential remains huge.