Registrations of new cars in Romania dropped by 2.6% in the first two months of the year, compared to the same period of 2023, according to centralized data of DRPCIV, quoted by the Association of Automobile Builders in Romania (ACAROM). According to the source, in February 2024, new car registrations dropped by 8.92% against the same period of 2023, to a volume of 11,339 units. In the first two months of 2024, registrations of new cars reached 24,072 units, on the drop by 2.6% against the same period of the previous year, when 24,715 units were recorded. The volume of second-hand cars registered for the first time in Romania, reached a number of 29,462 units in February (+16.5% against February 2023), while 56,636 units were registered in the first two months of the year, on the rise by 16.7%, from one year to another. The top of new cars over January-February 2024, is headed by Dacia, with 7,264 units, followed by Toyota with 1,846 units, Skoda (1,700), Hyundai (1,544), Renault (1,344), Volkswagen (1,343), Mercedes (932), Ford (878), Tesla (859) and Kia (775). ACAROM is an associate member of the Association of European Automobile Manufacturers- AEAM.
The French Institute in Romania will launch this fall the Film Therapy Film Club, a program covering a series of film screenings followed by discussions led by experts and therapists that will touch on topics such as mental health, social issues, and the challenges that teenagers and young people encounter. The idea for the program […]
BCR achieved a net profit of RON 1,473 million (EUR 294 million) in H1 2025, up by 12.0% against RON 1,314 million (EUR 264 million) in H1 2024, driven by improved operating result underpinned by advance in customer business. The operating result improved by 11.9% to RON 2,084 million (EUR 417 million) in H1 2025, […]
Prices for an array of goods and services will rise in August after the Romanian government increased VAT and excise duties. Train tickets, communications, retail goods, and health contributions for previously exempted categories are set to take effect. To tackle an out-of-control deficit, the government decided to increase the standard VAT rate from 19% to […]
US Secretary of State Marco Rubio, on July 31, had a conversation with Romanian Foreign Minister Oana Țoiu about the most important aspects of bilateral relations. In a post on X, Țoiu said her visit to the US, planned for September, would prepare President Nicușor Dan's official visit to Washington early next year. I had […]
Romanian technology group Visual Fan, best known for its consumer electronics brand Allview, announced that it has signed a partnership with Trina Storage, the energy storage division of the Chinese company Trina Solar, for the development of a battery energy storage system in Topliţa, with a capacity of 65 MWh. This is the first project […]
Romanian energy group OMV Petrom (BVB: SNP) announced its sales revenues dropped by 7% y/y in Q2, resulting in a 1% y/y contraction to RON 17.0 billion (EUR 3.4 billion) in the whole H1, while its net profit plunged by 17% y/y in Q2 and 21% y/y to RON 2.1 billion in H1, according to […]
