Industry | 14 March, 2025 at 3:13 PM
Ford Otosan delivers first EVs manufactured in Craiova
The Ford Otosan factory in Craiova marked the delivery of the first electric vehicles manufactured in Romania on Friday.
The Ford Otosan factory in Craiova marked the delivery of the first electric vehicles manufactured in Romania on Friday.
The financing will be used to support the production of the new Ford Puma, the Ford Transit Courier and Ford Tourneo Courier models, as well as the production of their all-electric versions.
DS Smith, the producer of packaging solutions, is investing over €14 million in its Romanian production infrastructure.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).
Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).