OICA head: Competitive risks could arise from too speedy passage of law mandating 100% EVs

Romania 18 October 2024 23:19

Passing a law that mandates 100% electric vehicles in ten years is the easy part, but going too fast could create competitive risks for auto manufacturers, the president of the International Organisation of Motor Vehicle Manufacturers (OICA) John Bozzella said on Thursday in remarks at the Sustainable and Accessible Mobility Forum in Bucharest, CE Report quotes Agerpres

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Romanian Pastry Shops to Produce 6.6 Million Sponge Cakes for Winter Holidays Despite Challenges

19:00

Romanian pastry shops are set to produce around 6.6 million traditional sponge cakes (cozonac) this holiday season, though output will be 3-5% lower than last year, according to Aurel Popescu, president of the Romanian Milling, Baking, and Flour Products Employers' Federation (ROMPAN).

Romanian Pastry Industry to Produce 6.6 Million Traditional Sponge Cakes for Winter Holidays

10:00

Romanian pastry shops are set to produce approximately 6.6 million traditional sponge cakes (cozonac) during the Winter Holidays, marking a 3-5% decrease compared to last year, according to Aurel Popescu, president of the Romanian Milling, Baking, and Flour Products Employers' Federation (ROMPAN).

Romania and Moldova Pledge Continued Cooperation for Stability and European Values

25 December 14:46

Romanian President Klaus Iohannis congratulated Maia Sandu on her second term as President of the Republic of Moldova during her inauguration on Tuesday.

Fitch Revises Romgaz Rating Outlook to Negative, Confirms BBB- Rating

25 December 13:00

Fitch Ratings has downgraded the outlook for Romgaz from stable to negative while reaffirming its BBB- long-term debt rating, the natural gas company reported Tuesday to the Bucharest Stock Exchange.

Maia Sandu Praised for Her Leadership as She Assumes Office in Moldova

25 December 10:00

Save Romania Union (USR) leader Elena Lasconi praised Maia Sandu on Tuesday, recognizing her unwavering support for Romania during challenging times.

Construction Permit Issued for Poiana Tunnel on Sibiu-Pitesti Highway

24 December 22:35

The construction permit for the Poiana tunnel on the Sibiu-Pitesti Highway (A1) has been issued, with the Italian contractor already mobilized on-site.

Klaus Iohannis Congratulates Maia Sandu on Second Term as Moldovan President

24 December 21:00

Romanian President Klaus Iohannis congratulated Maia Sandu on her inauguration for a second term as President of the Republic of Moldova.

Romania's New Government Sworn In, Iohannis Urges Pro-European Stability

24 December 18:35

President Klaus Iohannis welcomed Romania's new government, led by Marcel Ciolacu, during the swearing-in ceremony at Cotroceni Palace on Monday.

Romania's New Government Begins Work Amid Optimism

24 December 12:28

Prime Minister Marcel Ciolacu announced on Monday evening that Romania now has a "functional" government, marking a significant step toward stability.

Romanian Coalition Aims to Restore Public Trust

23 December 23:00

The coalition formed by the Social Democratic Party (PSD), the National Liberal Party (PNL), the Democratic Union of Hungarians in Romania (UDMR), and the parliamentary group of national minorities is committed to rebuilding citizens' trust, UDMR President Kelemen Hunor announced Monday after signing a political agreement.

Romanian President Appoints Marcel Ciolacu as Prime Minister

23 December 14:28

Romanian President Klaus Iohannis has appointed Marcel Ciolacu, chairman of the Social Democratic Party (PSD), as the country’s new prime minister.

Holiday Surge at Nadlac II Border as 50,000 Travelers Enter Romania

22 December 10:00

In the past 24 hours, the number of people entering Romania through the Nadlac II Border Crossing Point has surged to 50,000—seven times the usual daily figure of 7,000.

OICA head: Competitive risks could arise from too speedy passage of law mandating 100% EVs

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