Romania

Rheinmetall expands CEE presence with majority purchase of Automecanica Medias

German defence industry group Rheinmetall has acquired a 72.5% stake in Automecanica Medias from Romania, estimating that it will have…

8 months ago

Romania has overtaken Greece, Hungary – Economy minister underlines EU benefits

Romania has economically surpassed Greece, Hungary and is closing in on Poland, Romanian Economy Minister Stefan Radu Oprea underlined in…

8 months ago

Austria leads CEE for most new cars, Estonia regional laggard

The number of battery-only electric passenger cars in the EU neared 3mn in 2022, up 55% from 1.9mn in 2021,…

8 months ago

Romanian e-vehicle market grew by over one-third in 2023

More than 42,000 electric cars have been registered, so far, in Romania, of which around 16,800 only in 2023, 35%…

8 months ago

Fast rail link to Romania’s busiest airport to open in March

New train services will run from March between Ruse, north-east Bulgaria, and Henri Coanda Otopeni International Airport via Giurgiu, south…

8 months ago

Albania tops region for sustainable energy mix

The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1…

9 months ago

Austria softens on Romania, Bulgaria in Schengen

In recent months, Austria's stance on Romania and Bulgaria's Schengen Area accession has been shifting, particularly in terms of air…

9 months ago

Bulgaria last in EU for recycling computers

Bulgaria placed bottom in the EU for recycling disused ICT devices, in a survey conducted in 2022 by EU official…

10 months ago

‘No new taxes’ as Romania cracks down on evasion

Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary…

10 months ago

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

10 months ago