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.
Dairy giant Royal FrieslandCampina has reached an agreement to sell its Romanian operations, including the Napolact brand and production facilities in Cluj-Napoca.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
BRD Groupe Société Générale has reported a strong first half of the year, with significant growth in commercial activity and financial performance.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).