The volume of turnover in the trade in motor vehicles and motorcycles increased, in the first four months of this year, compared to the similar period in 2024, both as a gross series by 1.4%, and as a series adjusted according to the number of working days and seasonality by 0.2%, according to data published by the National Institute of Statistics (INS).Thus, during the period January 1 - April 30, 2025, compared to the period January 1 - April 30, 2024, the volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, gross series, recorded a turnover higher by 1.4%, due to the increase in turnover in: motor vehicle maintenance and repair activities (+16.6%), trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+12.6%) and trade in motor vehicles (+0.1%). Trade in parts and accessories for motor vehicles decreased by 1.4%.At the same time, the total volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, gross series, in April 2025, compared to the previous month, registered a decrease of 5.7%, as a result of the decreases recorded in trade in parts and accessories for motor vehicles (-6.4%), maintenance and repair activities of motor vehicles (-6.2%) and trade in motor vehicles (-5.9%). Trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles increased by 20.6%.The total volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, series adjusted according to the number of working days and seasonality, in April 2025, compared to the previous month, decreased by 2.3%.Compared to April 2024, the volume of turnover in the trade in motor vehicles and motorcycles decreased in April 2025, both as a gross series by 6.5%, and as a series adjusted for the number of working days and seasonality by 4.7%.The turnover volume in the trade in motor vehicles and motorcycles decreased in April 2025, as a gross series, as a result of the decrease recorded in the trade in motor vehicles (-9.0%) and in the trade in parts and accessories for motor vehicles (-7.3%). Increases were recorded in: trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+29.1%) and maintenance and repair activities of motor vehicles (+8.2%).
RetuRO, the operator of Romania’s Deposit-Return System - SGR, has launched a pilot project in two of the capital’s parks that lets people leave their bottles, PET containers, and cans in special compartments attached to public trash bins so others can collect them and reclaim the deposit. The initiative, now in place in Kiseleff and […]
UniCredit announced that it finalized the merger of its Romanian subsidiary with Alpha Bank Romania, creating one of the largest financial institutions in the country and marking a new milestone in the group's growth strategy. The newly combined bank has 11% market share in assets, 13% in loans (UniCredit Consumer...
Romania's largest ruling party, the Social Democratic Party (PSD), broadly agrees with the reforms proposed by prime minister Ilie Bolojan (Liberal Party PNL), although there are some details still to be tackled, PSD interim president Sorin Grindeanu said after the party leadership's weekly meeting of August 18,
Romanian retail chain Annabella, developed by local entrepreneurs, took over 82 Profi stores and 5 Mega Image stores in a deal aimed at facilitating the expansion of the Mega Image retail chain that took over Profi from MidEuropa Partners for EUR 1.3 billion, Profit.ro...
The new tax on shifted profit proposed by the government is significantly impacting the attractiveness of Romania as a destination for foreign investments, and it is far more restrictive than the similar regulation in Poland, mentioned by the authorities as a source of inspiration, according to a report drafted by PwC. The consultancy firm salutes […]
The General Secretariat of the Romanian Government (SGG) has published for public consultations the draft law for the reform of the state-owned enterprises and the so-called autonomous institutions, such as the regulators for the financial, energy, and telecom markets (ASF, ANRE, and ANCOM, respectively), according to Cursdeguvernare.ro...
