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.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
