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?"
A new study by RoCoach and Novel Research shows that 72% of Romanians believe artificial intelligence (AI) could help reduce corruption and increase transparency in public institutions. The findings reflect growing public interest in how technology, including digital records and the use of AI, could improve administrative efficiency. Despite this optimism, 44.5% of respondents say […]
ARTE.tv, the European public streaming platform, is now available in Romanian for viewers in Romania and the Republic of Moldova. The new version of the platform offers access to documentaries, series, news programs, concerts, and films, all with Romanian subtitles or voice-over. ARTE.tv already offers content in six other languages, namely French, German, English, Spanish, […]
Romania Education Alliance (REA), the first national initiative dedicated to scaling private education in the country, has unveiled a EUR 20 million investment plan aimed at uniting over 15 private schools under a single educational network by 2028. The announcement marks a significant milestone for REA, founded in 2024 by education entrepreneurs Anca and Dan […]
Environment minister Diana Buzoianu issued a stark warning about the condition of the Praid Salt Mine, saying the site is in an irreversible state of degradation and the collapse of its ceiling is now only a matter of time. During a recent visit to the area alongside economy minister Radu Miruță, a portion of the […]
A Code Red warning for extreme heat has been issued in southern Romania, with the intense heatwave expected to grip the region between Tuesday morning, July 22, and Wednesday morning, July 23. The alert covers the counties of Dolj, Olt, Teleorman, Giurgiu, Călărași, Ilfov, and the capital city, Bucharest. Temperatures in these areas are forecast […]
Four Ukrainian military aircraft unintentionally entered Romanian airspace for several minutes during the night of July 20 to 21, amid a large-scale Russian attack on Ukraine's airport infrastructure. The Romanian Ministry of National Defence (MApN) confirmed the incident, stating that two Romanian F-16s and two Italian Eurofighter Typhoons were scrambled as a precaution, but the […]
