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.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
