The turnover in the Romanian automotive industry has increased almost tenfold in 20 years, from 3.8 billion euros in 2005 to 35 billion euros currently, said Adrian Sandu, secretary general of the Romanian Automobile Manufacturers Association (ACAROM), at a specialized conference on Monday."In the Romanian automotive industry, we increased our turnover from 3.8 billion euros in 2005 to about 35 billion euros, almost ten times in 20 years. As for the production of motor vehicles, in '89, about 144,000 vehicles were produced. Last year, 560,000 vehicles were produced in Romania. Exports in '89 were almost non-existent. Only about 4,000-5,000 to 10,000 Dacia cars arrived through China, Brazil or North Africa. Now, 92% of motor vehicle production is exported. And I haven't mentioned the export of auto components. There is no car manufactured in Europe that does not have at least one component manufactured in Romania," said the secretary general of ACAROM.He also stated that the target for 2035 is for Romania to have 100% new vehicles on the market, with zero carbon emissions, which means that the automotive industry is heading towards a major transformation. "But the other actors must also contribute to this transformation, they must support and they must keep up. And here I refer to the European and national authorities, to the energy companies," explained Adrian Sandu.He believes that for the development of the automotive industry in Romania and industry in general, jobs and the investment climate must not be affected, "so as to give investors confidence that Romania can do even better in the future." The ACAROM representative also said that, at the same time, as many investments as possible must be attracted to increase Romania's competitiveness.Ziarul Financiar organized, on Monday, a new conference dedicated to the reindustrialization of Romania, with the title: "What else do we produce in the country?"
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
