Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Porsche Romania, the largest local car importer, celebrates...

Porsche Romania, the largest local car importer, celebrates 20 years of activity

October 22, 2018

The automotive industry accompanied Romania’s economic growth over the past 20 years and Porsche Romania contributed to the sector’s evolution. Over two decades, Porsche Romania represents the brands Volkswagen, Audi, SEAT and ŠKODA in Romania. The Romanian branch of Porsche Holding Salzburg delivered to its clients during this time more than 450,000 cars. From the first car sold in 1998 until selling electric car fleets in 2018, Porsche Romania is committed to make mobility easier and more convenient for its customers and maintain its leadership position on the market. “This is a special year for Porsche Romania as we reach the 20 years milestone. We built a strong organization that we are proud of, which saw the ups and downs of the industry and we are ready to take on new challenges, related to adopting new technologies, connectivity, or online sales” says Brent Valmar, CEO of Porsche Romania and one of the leaders with the longest tenure in the industry.   One in five new imported cars delivered in Romania belong to the Volkswagen group brands and have staying power in the customers’ preferences. With its own after-sale division, used car operation and financing companies of the Porsche Finance Group, Porsche Romania has established itself as an innovative one-stop-shop for mobility needs. Since 1998, the company achieved a total turnover of more than 8 billion euros, established 82 dealers in 26 counties and recruited more than 3,500 people within its network. While numbers are impressive, the company’s story goes beyond: “Porsche Romania is a story of a successful business, and success is achieved with hard work, persistence, learning, sacrifices and above all, love for what we are doing.” thinks Kurt Leitner, CEO of Porsche Romania. Looking forward, the automotive world is influenced by digitalization and technology. Three mega trends are shaping the market: e-mobility, autonomous driving and connectivity, and they will all affect the future models. The industry paradigm is changing as is the way of driving that we know. “Digital services will create new and multiple touch points between our brands and customers. Technological innovation will enable higher levels of safety and convenience as cars better interact with their environments and assist their drivers. The demand for car sharing and ride sharing services will increase more and more as the customers will increasingly choose experience versus ownership” adds Leitner. With electric cars becoming a normal part of the future streetscape, Porsche Romania aims to reach the 12,000 electric vehicles yearly sales milestone by the year 2025, of a total of 50,000 units sold, while builiding and supporting the development of the necessary charging infrastructure accross the country. To reach this ambitious target, investments of more than 150 million euro are planned in the expansion of the dealer’s network until 2030. With successful brands such as Volkswagen, Audi, SEAT, ŠKODA and DasWeltauto and powered by technological innovations, Porsche Romania will continue to provide products and services to make mobility easy and more convenient for its customers well into the next 20 years. Photo: Brent Valmar, Porsche Romania and Kurt Leitner, Porsche Romania  

The post Porsche Romania, the largest local car importer, celebrates 20 years of activity appeared first on Nine O' Clock.

Read in full - click here
President Dan appoints PM Bolojan as interim Vice PM following Anastasiu's resignation

President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]

PM Bolojan at meeting with mayors: Responsible approach gives strong chance to overcome current difficult period

 Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]

Cseke Attila: Financing PNRR projects stops only when investment has not started

Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday.   “PNRR will not stop, neither will financing investments which have already been initiated, […]

Insolvency Law amended in second package of Government reforms

The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]

Business consultant: Romania is in the antechamber of recession

  Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]

Culture Ministry to adapt national legislation for implementation of European Media Freedom Act

 The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]