Dacia car sales in Europe recorded an advance of 13.6% in February and the market share of the automobile manufacturer went up to 3.6% from 3% in the same period of 2021, according to data released by the the European Automobile Manufacturers' Association (ACEA), according to Reuters. Statistic data are valid for EU states, Great Britain and EFTA countries, Iceland, Liechtenstein, Norway and Switzerland. 29,196 Dacia cars were registered in Europe in February, compared to 25,692 in the same period of 2021. In the first two months of ongoing year, Dacia cars deliveries grew by 16.4% in Europe, while the market share of the automobile manufacturer grew to 3.9% from 3.2% in the same period of 2021. Dacia car registrations in Europe amounted to 63,294 units, on the rise compared to January-February 2021 (54,363 units). All big car manufacturers reported sales drops in the first two months of 2022. The French group Renault and Stelliantis reported sales drops of 2.4% and15.1%, while German groups Volkswagen and Mercedes Benz recorded a drop of 7.8% and5.2%. Ford deliveries dropped by 14%. The 2022 decline comes on the background of the global shortage of semiconductors and disturbances in supply chains, ACEA mentions. Dacia company was taken over by Renault in 1999. Relaunched in 2004 with Logan car make, Dacia became an important player in the European car market.
The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]
Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]
Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net. The Japanese group reported business of almost EUR 640 million locally...
The Competition Council has outlined a series of concerns related to the transaction through which the Schwarz group, which operates the Kaufland and Lidl store chains in Romania, intends to take over the La Cocoș stores, according to a press release quoted by
Romania’s flag carrier, Tarom, has requested the government to disburse a new tranche of restructuring state aid approved in 2024 to address the current liquidity deficit, Profit.ro reported. The company argued that, because of late payment penalties...
Retail sales volume contracted by 2.3% q/q in Q3, resulting in a 0.3% y/y decline in Romania (the second negative reading since the Covid-19 pandemic), visibly dragged down by the real wages that contracted by 3.7% y/y in July-August (latest data available) after +2.2% y/y in Q2, +4.6% y/y in Q1 and around 9%-10% y/y […]
