Tag: automotive (20 articles)

Industry   |   2 March, 2026 at 5:07 PM

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).

Industry   |   6 January, 2026 at 12:25 PM

New car registrations in Romania climb 4.7% in 2025

New car registrations in Romania increased by 4.7% in 2025 year-on-year, reaching 155,855 units, according to preliminary data released by the Association of Car Producers and Importers in Romania (APIA) based on DGPCI statistics.

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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Finance

Romania launches Fidelis bonds with tax-free returns up to 7.6%

Romania's Ministry of Finance has announced the April 2026 edition of Fidelis government bonds, offering tax-free interest rates of up to 7.6% for lei-denominated issues and up to 6.4% for euro-denominated bonds. The subscription period runs from 14-21 April 2026.

Finance

Study: Romanians spend less on Easter than other holidays

As Easter approaches, Romanians are preparing their shopping lists for gifts, food and household items. While people may make impulse purchases during this period, they show more restraint compared to winter holidays or Black Friday sales, according to the Financial Seasons Barometer conducted by CFA Romania Association with support from UniCredit Bank.

Economy

Mangalia shipyard enters bankruptcy

CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.