It is vital for the Government to support the automotive industry, which contributes significantly to our country's GDP and plays a crucial role in Romania's exports, Prime Minister Marcel Ciolacu told the Sustainable and Accessible Mobility Forum on Thursday, an event organised by the Association of Automobile Manufacturers and Importers of Romania."Over the years, the Romanian automotive industry has demonstrated an extraordinary capacity for adaptation and innovation. And today we are here to celebrate these achievements and to discuss the sustainable future of mobility. In this context, I believe that our 'Reindustrialisation of the Economy' plan, which we are about to launch, comes to support this strategic industry of the country. This plan aims to transform Romania into a technology and innovation hub in South East Europe within the next 10 years. We aim to attract significant investment in the automotive sector, develop the necessary infrastructure and support research and development in electric and autonomous vehicles. It is vital to support our automotive industry, which contributes significantly to our country's GDP and plays a crucial role in the volume of Romania's exports," said Marcel Ciolacu.He highlighted that automobile production increased spectacularly this year, with "over 600,000 units produced annually by the Dacia and Ford Otosan plants," achievements which not only support national economy, but also place Romania as an important player on the European car market.He went on detailing the government commitment to modernise the automotive industry sector, mentioning the 'Rabla' car scrappage scheme or the incentives for hybrid or electric cars.At the same time, he pointed out the need of dedicated programmes to support the car industry from the European Commission, stressing that, without intervention and support from the EC, the automotive industry in Romania and the EU could face massive layoffs in the coming years.In conclusion, the prime minister reiterated Romania's commitment to green projects and to decarbonising the economy."However, we must be aware that the transition to a green economy must not become a brake on the economic development of our country and the automotive industry in particular. It is essential to strike a balance between environmental protection and economic growth, so as to ensure a prosperous and sustainable future for all our citizens," said Prime Minister Ciolacu.
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
