Tag: automotive (16 articles)

Real estate   |   20 October, 2025 at 3:38 PM

Compa launches second phase of resi project in Sibiu

Compa, one of Romania's largest automotive component manufacturers, announced the second phase of Arsenal Residence, a residential project in central Sibiu next to Sub Arini park. The total investment will exceed €30 million, confirming the company's strategy to diversify its portfolio and actively participate in urban development.

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Economy

Romanian business groups demand scrapping of turnover tax

Romanian business associations have renewed their call for the elimination of the minimum tax on turnover (IMCA) ahead of the 2026 state budget discussions, citing significant negative impacts on investment decisions.