Registrations of new cars in EU dropped by 23.1% in September, compared to the same period of 2020, reaching 718,598 units, the lowest level reached since 1995, because of the lack of chips. In Romania, the decline was 17.8% to 8.942 cars, according to data released by ACEA – European Automobile Manufacturers' Association. All important markets contracted in September, the most important drops being in Italy (-32.7%), Germany (-25.7%), France (-20.5%) and Spain (-15.7%). In the first 9 months new car registrations in EU went up by 6.6% to 7.5 million units. The highest increases in the first 9 months were recorded in Italy (+20.6%), Spain (+8.8%) and France (+8%). In Germany the market dropped by 1.2%. In Romania, new car registrations went up by 4.3% in the first 9 months to 88,262 units. In Great Britain new car registrations went down by34.4% in September, but went up by 5.9% in the first 9 months. Automobile groups recorded drops of two figures, the biggest being 43% registered by Daimler group (45.5% in the case of Mercedes Benz). Volkswagen group recorded drops of 27.7%, Stellantis 29.9% and Renault 21.8%. BMW registrations went down by 19.4%. Dacia recorded a decline of 12% of registrations to 33,269 cars and the EU market share went up from 4% in September 2020 to 4.6%. Dacia registrations in EU went up by 4.2% in the first 9 months, to 281,577 cars, a market share of 3.7% against 3.8% in the same period of 2020. In the EU+EFTA+UK area, Dacia registrations went down by 13.6% in September, but after 9 months it went up by 2.8% to a total of 299,357 cars.
• Total leasing activity in Bucharest is 71% higher at the end of the first quarter compared to the same period last year. Bucharest, 8 April 2024 - The office market remains fluid and flexible. Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value […]
The House of Lazăr Năftănăilă, a Roma household brought from the village of Calbor, in Braşov county, has officially opened at the Dimitrie Gusti Village Museum in Bucharest. The house opened alongside a barn brought from Vişeul de Mijloc, in Maramureş county, which hosts an exhibition and VR venue showcasing elements of the history and […]
The current European Commission president is running for a second term at the helm of the Union’s executive, but EU diplomats and politicians have been speculating on who could replace her. Politico Europe gathered the names being thrown around in Brussels and ranked their chances. Romanian president Klaus Iohannis is ranked as having the biggest chance to […]
Real developer STC Partners began the development of phase II of the residential compound Quartier Azuga, located near the Tei area in Bucharest, with an investment value of over EUR 15 million. This stage is to be completed by the end of 2025. Construction works at phase I are currently underway, the company said. The […]
This article series tells the stories of the 15 finalists selected in the Made in Romania 2023 program. Made in Romania is the flagship program of the Bucharest Stock Exchange dedicated to the development and promotion of the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest […]
Local construction company Concelex, as the general contractor, said that it completed the project to expand and modernize the Danube Delta airport in Tulcea, southeastern Romania, which thus became an international airport at Schengen standards. The total value of the project was RON 180 million (some EUR 36 million), covered by European funds. The association […]
