Despite an aging vehicle fleet in the region, drivers are postponing car replacements, opting instead to fuel up with premium petrol, finds a recent study by MOL Group conducted across CEE.
The Ford Otosan factory in Craiova marked the delivery of the first electric vehicles manufactured in Romania on Friday.
Autonom International, part of Autonom Group, has purchased a 20% stake in local insurer Eazy Asigurări for an undisclosed sum.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.