Tag: automotive (18 articles)

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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Industry

Bozankaya to supply 10 more trams in Timișoara

Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.

Energy

MOL Group reports 11% drop in pre-tax profit during 2025

MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.

Economy

Romanian business leaders most optimistic in CEE despite rising risks

Nearly two-thirds (62%) of Romanian business leaders anticipate increased threats to their companies in 2026, yet over four in five (85%) remain optimistic about growth prospects for their organisations, according study by Grayling among top executives from IT, finance, energy, retail, health and media sectors.