The automotive sector represented at the national level by the Romanian Automobile Manufacturers Association (ACAROM) declares itself shocked by the new fiscal budget measures aimed at the Rabla and Rabla Plus (scrappage) schemes, announced in the draft Emergency Ordinance published by the Ministry of Finance on Thursday."After the adoption of some fiscal measures that were not previously discussed with the business environment, which directly impact the automotive sector (taxation with 1% of turnover, tax on micro-enterprises, etc.), we've learned with astonishment that the Ministry of Finance (the Government of Romania) is proposing new measures the enforcement of which will seriously impact the automotive sector in Romania. Thus, the change in a completely unforeseen and unbalanced way of the amount of vouchers offered under the Rabla scheme (to half of the current value) and the Rabla Plus scheme (to 1/5 of the current value) will lead to a collapse of the new vehicle market, combined with an exponential increase in the import of used vehicles. In 2023, we expect the new car market to reach 145,000 units, with the major contribution of the Rabla and Rabla Plus schemes," claim ACAROM representatives, in a press release sent on Thursday.According to the source, under the conditions of the announced measures, these schemes lose their attractiveness and thus the forecast for 2024 is disastrous, i.e. a market of new vehicles of a maximum of 80,000 units, with a direct negative impact on jobs in the sector and the turnover of Romanian companies from the automotive field."At the same time, we emphasize that the decrease in the values of the vouchers granted through the 2 scrappage schemes will affect the possibility of Romanian citizens to purchase new, less polluting vehicles. Thus, the beneficial effect of the running of the schemes in previous years is canceled: the increase in the share of hybrid, electrified and electric vehicles, having as a direct consequence, the increase in imports of second-hand, more polluting and unsafe vehicles," the professional association mentions.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
