Registrations of new cars in EU dropped by 23.1% in September, compared to the same period of 2020, reaching 718,598 units, the lowest level reached since 1995, because of the lack of chips. In Romania, the decline was 17.8% to 8.942 cars, according to data released by ACEA – European Automobile Manufacturers' Association. All important markets contracted in September, the most important drops being in Italy (-32.7%), Germany (-25.7%), France (-20.5%) and Spain (-15.7%). In the first 9 months new car registrations in EU went up by 6.6% to 7.5 million units. The highest increases in the first 9 months were recorded in Italy (+20.6%), Spain (+8.8%) and France (+8%). In Germany the market dropped by 1.2%. In Romania, new car registrations went up by 4.3% in the first 9 months to 88,262 units. In Great Britain new car registrations went down by34.4% in September, but went up by 5.9% in the first 9 months. Automobile groups recorded drops of two figures, the biggest being 43% registered by Daimler group (45.5% in the case of Mercedes Benz). Volkswagen group recorded drops of 27.7%, Stellantis 29.9% and Renault 21.8%. BMW registrations went down by 19.4%. Dacia recorded a decline of 12% of registrations to 33,269 cars and the EU market share went up from 4% in September 2020 to 4.6%. Dacia registrations in EU went up by 4.2% in the first 9 months, to 281,577 cars, a market share of 3.7% against 3.8% in the same period of 2020. In the EU+EFTA+UK area, Dacia registrations went down by 13.6% in September, but after 9 months it went up by 2.8% to a total of 299,357 cars.
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
Romania could face energy poverty or even blackouts if coal-fired power plants are shut down before new gas-fired facilities at Iernut and Mintia are completed, energy minister Bogdan Ivan said in an interview with Digi24 on September...
Premier Energy (BVB: PE) has signed an agreement to acquire a 51% controlling stake in Iberdrola Renovables Magyarország, the Hungarian subsidiary of Spain’s Iberdrola. The company owns five operational wind farms with a combined installed capacity of 158 MW, commissioned between 2008 and 2010 in northwestern Hungary, one of Central Europe’s strongest wind regions. The […]
Prime minister Ilie Bolojan set up a committee to follow the pre-insolvency procedures at steelmaker Liberty Galati and its pipemaker subsidiary, Liberty Tubular Products Galati, controlled by billionaire Sanjev Gupta, and protect the rights of the tax collection agency ANAF and Exim Banca Romaneasca as the largest creditors,
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
