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?"
Octavian Bellu, the former coach of Romania’s national women’s gymnastics team, has been appointed president of Friends of WPK, a new initiative launched in Romania by Wiener Privatklinik (WPK), one of Austria’s leading private hospitals. The initiative aims to build a community of Romanian patients who share their personal medical experiences to raise awareness of […]
Maia Sandu, the president of the Republic of Moldova, has been awarded the Franz Josef Strauss Prize by the Hanns Seidel Foundation in recognition of her commitment to democratic values, the rule of law, and her support for Ukraine. The award ceremony took place in the Kaisersaal of the Munich Residenz and was attended by […]
Romania’s new ruling coalition, composed of the National Liberal Party (PNL), Social Democratic Party (PSD), Save Romania Union (USR), the Democratic Alliance of Hungarians in Romania (UDMR), and representatives of national minorities, signed a political agreement on Monday, June 23, outlining the structure of the incoming government, the rotation of the prime minister’s office, and […]
InterContinental Athénée Palace Bucharest is pleased to announce that Chef Michael Passarelli has joined the team as Chef de Cuisine at JORJ, the hotel's iconic dining venue, recently reopened following a comprehensive renovation totalling EUR 3.2 million. With a career spanning over 20 years in top restaurants across Romania, Italy, Belgium, the Netherlands, and Switzerland, […]
A powerful story of survival and displacement took center stage at the 23rd edition of the Transilvania International Film Festival (TIFF) in Romania, as To a Land Unknown (UK) claimed the coveted Transilvania Trophy. The EUR 10,000 award was presented during the festival’s Closing Gala at the National Theatre in Cluj-Napoca on Saturday evening, June […]
Romanian star tennis player and former women’s world no. 1 Simona Halep announced that she will play at the Concord Iaşi Open tournament on July 9 during an exhibition match. The former WTA leader will step onto the court alongside Andrei Pavel, as well as other well-known names that have not yet been revealed during […]
