European orders for the all-electric city car Dacia Spring hit almost 40,000 in just eight months since the model's market rollout, the Mioveni-based car manufacturer said in a release on Friday.Of this total, 7,500 orders came from Romania.Over 16,000 orders were placed during the pre-order campaign that ran between March and June 2021 in Romania, France, Italy, Germany or Spain, with customers taking possession of their cars starting this October. "Public interest in Dacia's first electric model remained constant even after the end of the initial campaign, with a monthly average of more than 5,000 European orders registered since July. With a range of up to 305 km according to the WLTP City cycle, Dacia Spring proves to be a mobility vehicle fit for the general public - most Europeans who currently use a personal car, regardless of the type of engine, travel an average of just 30 km per day. Spring has been on an offensive, as most European customers who bought the model were at their first purchase of a Dacia car (in France, for instance, 8 out of 10 Spring customers have never owned a Dacia vehicle in the past)," the company said in its release.Founded in 1966, Dacia is Romania's top car manufacturer, the leader of the local car market and the most important exporter, with a significant contribution to the country's GDP and a structuring effect on the national economy through its extensive network of suppliers.A part of Renault Group since 1999, Dacia is present in 44 countries on four continents, offering robust vehicles, reliable vehicles adapted to the needs and lifestyles of a wide range of customers.
An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]
Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]
Rosavis Prod, a business founded in 2007 by the Vica and Constantin Mihăilă family in northeastern Romania at Roşieşti, Vaslui County, which raises 2 million chickens annually, is investing EUR 10.8 million in a feed factory, Ziarul Financiar reported. Out of this, EUR 6.5 million will come...
Telecommunications operator Digi Communications (stock symbol DIGI) has hired investment bank Rothschild to evaluate a possible listing on the Madrid stock exchange of its Spanish business, the publication Expansión wrote on September 12, citing anonymous market sources, according to Ziarul Financiar. ...
Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus narrowed by EUR 0.5 billion from June, after it previously contracted by EUR 1.4 […]
Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such as energy, infrastructure, and technology, the Ministry of Finance announced. The agenda of the visit included […]
