Vehicle sales in Romania will end 2024 up by 1.7% as compared to last year, for cars and 0.6% for light commercial vehicles, shows a PwC Autofacts report conducted in five Central European markets.The markets analysed in this report are Romania, Poland, the Czech Republic, Hungary and Slovakia. Despite a 10.2% drop in car sales in the first quarter of 2024 compared to the same period in 2023, this is the second consecutive quarter in which the 30,000 unit sales threshold has been exceeded, Autofacts shows. Dacia remains the best-selling brand. Tesla doubled its sales in the same period and climbed 11 places to enter the top 10. The first quarter of this year was very, very good for the car production in Romania, which increased by 7%, registering the second quarter of growth in a row. For the whole year, the production is expected to grow by 8.5%, determined by LCV. In the case of cars, the production is estimated to drop by 7.1%. At the level of the five states analysed, the cumulated sales would increase by 4.6% this year, all markets having a positive trend, Hungary having the highest leap, 8.7% against 2023. In exchange, the production of light vehicles on these markets will drop by 0.8% in 2024 against 2023. The evolution will be the result of the reduction by 4% of the car sector, despite the estimated increase of the light commercial vehicles market (+35%). At the level of the country, the Czech Republic and Slovakia, the biggest production markets out of the five, will have production levels dropping by 1.6% and 3.5% respectively. The production of electrical vehicles in the analysed countries in Central Europe continues to grow, estimated at more than 15.6% in 2024 against 2023, while until 2030 a huge advancement is expected of 208.4%. In 2024, the BEV (Battery Electric Vehicle) performance is expected to be weaker (-2.3%) while PHEV (Plug-in-Hybrid -+24% and FHEV – Full Hybrid - +27.9% compensates for the loss. At the country level, BEV will continue to be the most popular type of electrified series-production powertrain for four of the five markets (except Romania) from 2027. In Romania, there will be produced especially FHEV (full hybrid).
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
