Tesla has opened its largest showroom in Eastern Europe, located in Romania, marking a significant milestone in the automaker’s expansion across the region, https://driveteslacanada.ca/ informs. The new showroom, Tesla Center Pipera, is already open and serving customers, but is scheduled to host a grand opening party on September 12. It is location on Bucuresti Nord Road in Voluntari, a suburb of the capital, Bucharest. The new location is strategically placed alongside other luxury car showrooms, such as Maserati, Mercedes-Benz, and Jeep, further highlighting the brand’s image and appeal in the country. Tesla’s growth in Romania has been remarkable since it first entered the market in May 2021. The company’s decision to open a flagship store in Bucharest was needed as the demand for electric vehicles in Romania has been rapidly increasing. The Tesla Center Bucharest Splaiul Unirii, which previously handled Tesla’s operations in the capital, will now see its activities relocated to the new, larger facility, which will see hundreds of cars delivered weekly. Since 2021, Tesla has seen explosive growth in Romania, achieving an almost 13-fold increase in sales by 2023. Tesla has sold over 3,000 units annually, with the Model Y emerging as a clear favourite among Romanian buyers. In fact, more than 6,000 Teslas now drive on Romanian roads, with the Model 3 and Model Y accounting for the bulk of these sales. Tesla’s expansion in Romania extends beyond showrooms. The company has installed multiple Supercharger stations in key cities such as Bucharest, Cluj-Napoca, Constanta, and Timisoara, among others.
Romania will join the Schengen Area with its land borders starting January 1, 2025, according to Romanian prime minister and Social Democrat (PSD) leader Marcel Ciolacu, who was on a visit to Brussels on Monday, November 18. The Romanian PM said during an interview that the decision regarding Romania’s accession with land borders will be […]
Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector, is preparing to take its presence in Romania to the next level by establishing an innovation hub in Bucharest. The new center will focus on developing and testing cutting-edge technologies tailored to the Romanian market, in line with the company’s long-term strategic […]
Eva and Victor, ages 16 and 17, respectively, will advocate for climate action as members of Romania's delegation at the United Nations Conference on Climate Change – COP29, held in November 2024 in Baku, Azerbaijan. The two teenagers also have clear roles in the conference. Victor, for example, will co-moderate the Climate Youth Forum, where […]
Natural gas producer Romgaz (SNG), a company in which the majority stakeholder is the Romanian state, listed on Tuesday, November 19, its first corporate bonds amounting to EUR 500 million on the Bucharest Stock Exchange. The bonds, also listed on the Luxembourg Stock Exchange since the beginning of October 2024, are part of a tranche […]
The Bucharest Court of Appeal ruled on Tuesday, November 19, to return the case involving Andrew and Tristan Tate to prosecutors at DIICOT, citing several irregularities. The judges also decided to remove several pieces of evidence and statements from the file, according to
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
