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.
Oil major OMV Petrom is progressing with its Neptun Deep development project, expecting first gas production in 2027 with estimated investments of up to €4 billion.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
Premier Capital has reached a milestone with the opening of its 200th McDonald's restaurant across its European portfolio, located in Malta - the company's home country.
Romanian private healthcare network MedLife has reached a market capitalisation of €1 billion at the Bucharest Stock Exchange (BVB), around nine years after the company went public.
Romania's trade balance deficit (FOB/CIF) reached €27.493 billion in the first ten months of this year, increasing by €275.7 million (+1%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).