The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.
Sitemap | Feedback | Doing Business in Romania report | Opening a Business in Romania | RSS for this Blog
Tuesday, January 25, 2005
Romania ranks the fourth in Central and Eastern Europe in terms of sales of new cars, the number traded in 2004 being 143,876 units. Turkey ranked the first with 430,000 cars sold, followed by Poland with 315,000 units, and the third position belongs to Hungary with 205,000 cars traded.
As against the number of inhabitants that these countries have, Romania and Turkey rank on the last positions in terms of new car acquisition, each with 0.006 cars per inhabitant. In Czech Republic, an inhabitant is reported with 0,01 cars sold last year and for a Pole, the level is 0,008 cars sold.
In Romania, a higher number of cars was sold, but at low values. According to the experts in the field, due to the prices registered for the domestic production, around 5,000 euros, the purchasing power is higher than in other countries and this is the explanation for more cars being sold. For 2005, estimations indicate a 10 per cent growth for the sales of cars in Romania as against 2004.
The rise in number of sales is also greatly influenced by the great success of Dacia Logan.
Last week, Renault Romania launched Nissan Patrol on the Romanian market.
Posted by Mihai Botea : 1/25/2005 10:05:00 am
06/01/2004 - 07/01/2004
Arad airport to be privatized
CNVM rejested listing of Dracula Park share
CNVM steps back after received strong negative rea...
"Good business is done in tennis, golf and hunting...
National currency bonds become interesting for inv...
For the first time in Romania: Petrom drops fuel p...
Changes in stock exchange transactions
Weidmueller invests 5m euros in Romania
Prime minister accused of conflict of interest
3.1bn euros in FDI for 2005
Publications & Media
This website is proud to be designed by Mihai Dragan
I usually listen to THIS kind of music.