Tag: automotive (20 articles)

Industry   |   2 March, 2026 at 5:07 PM

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).

Industry   |   6 January, 2026 at 12:25 PM

New car registrations in Romania climb 4.7% in 2025

New car registrations in Romania increased by 4.7% in 2025 year-on-year, reaching 155,855 units, according to preliminary data released by the Association of Car Producers and Importers in Romania (APIA) based on DGPCI statistics.

Real estate   |   20 October, 2025 at 3:38 PM

Compa launches second phase of resi project in Sibiu

Compa, one of Romania's largest automotive component manufacturers, announced the second phase of Arsenal Residence, a residential project in central Sibiu next to Sub Arini park. The total investment will exceed €30 million, confirming the company's strategy to diversify its portfolio and actively participate in urban development.

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BCG: Romanian consumers grow more pessimistic amid economic fears

Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).

Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

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Iulian Stanciu sells eMAG stake to Prosus

Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).

Economy

Romania's economic growth estimate cut to 0.1% in 2026

Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.