Both new and used car markets have been hit hard by inflation and rising interest rates. Many drivers have opted for cheaper cars or postponed their purchases for better times.
Government incentives remain one of the main factors for choosing an electric vehicle, and the example of Germany illustrates this perfectly.
The Volkswagen Passat remains the most desired car in the secondary market, but the popularity of the Toyota Corolla is growing.
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
The Romanian government has approved an emergency ordinance establishing measures for economic revival. The package includes fiscal measures and investment incentives aimed at stimulating exports, economic activity and accelerating modernisation through domestic investments and strategic capital mobilisation towards high value-added sectors.
Romania's Competition Council has conditionally approved the acquisition of Supermarket La Cocoș by the Schwarz Group through Project Brazil Beta company, following an investigation by the authority.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.
Romania's labour market is undergoing a structural transformation as the country shifts from consumption-driven growth to a more technology-focused economy, with artificial intelligence and automation reshaping employment patterns.