Dacia car sales in Europe recorded an advance of 13.6% in February and the market share of the automobile manufacturer went up to 3.6% from 3% in the same period of 2021, according to data released by the the European Automobile Manufacturers' Association (ACEA), according to Reuters. Statistic data are valid for EU states, Great Britain and EFTA countries, Iceland, Liechtenstein, Norway and Switzerland. 29,196 Dacia cars were registered in Europe in February, compared to 25,692 in the same period of 2021. In the first two months of ongoing year, Dacia cars deliveries grew by 16.4% in Europe, while the market share of the automobile manufacturer grew to 3.9% from 3.2% in the same period of 2021. Dacia car registrations in Europe amounted to 63,294 units, on the rise compared to January-February 2021 (54,363 units). All big car manufacturers reported sales drops in the first two months of 2022. The French group Renault and Stelliantis reported sales drops of 2.4% and15.1%, while German groups Volkswagen and Mercedes Benz recorded a drop of 7.8% and5.2%. Ford deliveries dropped by 14%. The 2022 decline comes on the background of the global shortage of semiconductors and disturbances in supply chains, ACEA mentions. Dacia company was taken over by Renault in 1999. Relaunched in 2004 with Logan car make, Dacia became an important player in the European car market.
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31. The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]
State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]
Turkish group Tosmur Grup is close to completing a second production unit at its starch factory in Medgidia, an investment of EUR 86 million that will double the site’s current capacity by the end of this year, Ziarul Financiar reported. The project expands the company’s operations in southeastern Romania,...
