Romania Automotive Market
About this product:
With Romania’s accession to the European Union, new opportunities have opened up for foreign investors. Being the second largest market in CEE and the seventh in the EU, Romania has an open market economy, low levels of economic and political risk, and an inexpensive and qualified labor force engaged in the automotive industry. Evidence of the market opportunities was demonstrated by 2006 being the 6th year in a row of increased motor vehicle sales.