On Wednesday, Dacia announced that the threshold of seven million vehicles produced at the Mioveni plant has been exceeded."The Dacia vehicle with the number 7 million was manufactured at the Mioveni plant on Tuesday, January 18, 2022. The vehicle is intended for a customer in Romania," a press release sent by the manufacturer reads.According to the same source, the Mioveni plant, which was inaugurated in 1968, has produced six generations of models over time, from the Dacia 1100 to the new family vehicle, Jogger."The milestone of 1 million vehicles was reached in 1985, the milestone of 2 million in 1998 and the milestone of 5 million in 2014. Launched in 2010, the Duster SUV - now in its second generation - is the model with the largest number of units produced in the history of the plant, two million," the statement said.At present, more than 85pct of the production is meant for export, with vehicles reaching mainly markets in Europe but also in North Africa and the Middle East.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
