Romania has sent to France and French investors a request for support for its accession to the visa-free Schengen area, which would lead to a substantial reduction in the costs on companies and citizens, Romanian Minister for Business, Trade and Entrepreneurship Stefan-Radu Oprea said Thursday.
President Klaus Iohannis said on Friday at the Technical Center of the Dacia-Renault group at Titu (southern Dambovita County) that the transport infrastructure needs to be developed at a sustained pace.
Renault's new investment projects are "an important signal of confidence in the Romanian economy," Prime Minister Viorica Dancila told the opening on Friday of new Renault offices in Bucharest. "I welcome the new investment projects of your company. They are an important signal of confidence in the Romanian economy," she said. Dancila mentioned the development of the automotive industry.
The auto market continued its upward trend in May this year, reaching 11.6pct in the first five months, compared to the same period in 2018, according to a press release issued by the Association of Car Producers and Importers (APIA) on Tuesday for AGERPRES.
Used car transactions in Romania (re-registrations) had the best first quarter of the last 10 years, with an average of nearly 52,000 cars sold monthly, while the market for new cars increased by 25 percent in the first quarter as compared to the same period in 2018, reveals a specialized analysis drawn up by the representatives of an online car sales platform.
Romania's new automotive sales were up 6.3 pct in Q1 2019 compared to the same period last year, standing at 38,253 units, the Association of Automotive Manufacturers and Importers (APIA) said in release on Tuesday. The market analysis shows that domestic sales are further mainly supported by legal entities that account for 72 pct of the total car purchases in the first three months of 2019.