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.
Kai-Uwe Trillenberg will take the helm at Mercedes-Benz Romania, replacing Natalie Thompson.
New car registrations in Romania saw a substantial increase of 52.6% in August 2025 compared to the same period the previous year.
Renault Group has announced the appointment of Katrin Adt as the new CEO of the Dacia brand, succeeding Denis Le Vot, who is departing the company.
Romania's Ministry of Finance has signed financing agreements for two major investment projects in the automotive sector.
BASF Coatings and Toyota Motor Europe have announced a strategic partnership to develop the Toyota Body&Paint program across Europe.
Ayvens has completed the integration of ALD Automotive and LeasePlan in Romania, following the global acquisition of LeasePlan by ALD Automotive.
New car registrations in Romania fell by 22% in H1 2025, reaching 64,339 units, compared to the same period last year.
Teknia, a Spanish multinational specializing in automotive components, has received a €30 million loan from the European Investment Bank (EIB).
Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
Holland Automotive Group of Canada has acquired the dealerships of Forza Rossa and British Motors in Romania.
Romania's automotive industry experienced a production decrease in the first months of 2025, even as the second-hand car market continues to grow.
With an extended lifespan of up to 5 years and superior beam quality, the bulbs are designed for use in low beam, high beam, and position lights.
In the current economic context, buying a car can pose a significant expense for Romanians, and securing favorable financing terms isn't always straightforward.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.