Vehicle sales in Romania will end 2024 up by 1.7% as compared to last year, for cars and 0.6% for light commercial vehicles, shows a PwC Autofacts report conducted in five Central European markets.The markets analysed in this report are Romania, Poland, the Czech Republic, Hungary and Slovakia. Despite a 10.2% drop in car sales in the first quarter of 2024 compared to the same period in 2023, this is the second consecutive quarter in which the 30,000 unit sales threshold has been exceeded, Autofacts shows. Dacia remains the best-selling brand. Tesla doubled its sales in the same period and climbed 11 places to enter the top 10. The first quarter of this year was very, very good for the car production in Romania, which increased by 7%, registering the second quarter of growth in a row. For the whole year, the production is expected to grow by 8.5%, determined by LCV. In the case of cars, the production is estimated to drop by 7.1%. At the level of the five states analysed, the cumulated sales would increase by 4.6% this year, all markets having a positive trend, Hungary having the highest leap, 8.7% against 2023. In exchange, the production of light vehicles on these markets will drop by 0.8% in 2024 against 2023. The evolution will be the result of the reduction by 4% of the car sector, despite the estimated increase of the light commercial vehicles market (+35%). At the level of the country, the Czech Republic and Slovakia, the biggest production markets out of the five, will have production levels dropping by 1.6% and 3.5% respectively. The production of electrical vehicles in the analysed countries in Central Europe continues to grow, estimated at more than 15.6% in 2024 against 2023, while until 2030 a huge advancement is expected of 208.4%. In 2024, the BEV (Battery Electric Vehicle) performance is expected to be weaker (-2.3%) while PHEV (Plug-in-Hybrid -+24% and FHEV – Full Hybrid - +27.9% compensates for the loss. At the country level, BEV will continue to be the most popular type of electrified series-production powertrain for four of the five markets (except Romania) from 2027. In Romania, there will be produced especially FHEV (full hybrid).
After its successful 2024 debut, Rooftop Season is back this summer with a new lineup of open-air concerts on the rooftop of the National Theatre in Bucharest. This year's edition, organized by Overground Music in partnership with the National Theatre, kicks off on July 7 and will feature weekly performances by some of Romania’s most […]
AS Piletilevi PLG (PLG), the largest ticketing operator in Central and Eastern Europe, has finalized the full acquisition of its Romanian operations, taking 100% ownership of Bilete.ro, Entertix.ro, and Myticket.ro. The group had previously acquired a majority stake in Bilete.ro, Romania’s oldest ticketing company, in mid-2023, followed by the purchase of Ticketing Nation S.R.L. - […]
Mobexpert, one of Romania’s leading furniture and home décor retailers, has opened a new hyperstore in Bucharest, located on Theodor Pallady Boulevard. Construction of the new commercial center began in 2024, and the showroom officially opened to the public on Thursday, July 3. Spanning over 10,000 square meters, Mobexpert Pallady features a wide range of […]
Vlad Gheorghe, formerly a member of the reformist opposition party Save Romania Union (USR) and now leader of extra-parliamentary opposition party DREPT, announced on Thursday, July 3, that he has filed a criminal complaint against former prime minister Marcel Ciolacu "for lying about the state of the economy and budget deficit." The complaint comes as the […]
Romanian finance minister Alexandru Nazare said Thursday, July 3, that the government’s new fiscal package had been negotiated with the European Commission and could receive a favorable assessment if adopted before the upcoming ECOFIN Council meeting,
Romanian journalist Ioana Dogioiu will take on the role of spokesperson for the government, the executive announced on Thursday, July 3. The appointment, it said, aims to strengthen dialogue between the government and society “in a climate that demands transparency, clarity, and trust.” “I thank Ms. Ioana Dogioiu for accepting this responsibility, which is far...
