Chinese car brand Chery enters Romanian 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.
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.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.