The German automotive components manufacturer Draexlmaier will close its automotive cable production plant in Zrenjanin, in northern Serbia, by the end of March, as the company has been unable to secure new projects for the facility.
“Staff skills matter, but if we want to make a qualitative leap rather than a gradual one, we need investment in technology,” emphasised Marcel Spatari, Chair of the Parliamentary Committee on the Economy, Budget and Finance, during the AmCham METRIX presentation.
The world’s largest manufacturer of chocolate and cocoa products for the food industry is returning to sales growth following a prolonged downturn. However, high raw material prices and a change in its relationship with one of its largest customers are forcing the company to take a more cautious view of its business prospects.
During a period of high-profile policy announcements, the head of government, Vasile Tofan, announced a large-scale reduction in the civil service. In theory – by about a third.
Ferrari has not yet begun deliveries of its first electric car, but has already sold out the entire volume planned for 2027. The Italian manufacturer expects interest in the Luce model to continue to grow.
In 2026, the ‘Barza Albă’ enterprise transferred dividends totalling 3.04 million lei to the state budget, representing 25 per cent of the distributed profit. The payment obligation was fulfilled in full.
German carmaker Volkswagen ended the third quarter of 2026 with an operating loss of €5.86 billion. This is its worst quarterly result in more than a decade. The financial results were simultaneously impacted by the write-down of Porsche’s assets, a slump in sales in China and rising costs associated with restructuring the business.
From 30 November, a financial guarantee mechanism for environmental restoration following mineral extraction will be introduced in Moldova. The obligation to provide this guarantee has been placed on holders of subsoil use permits.
Romania and the Republic of Moldova will carry out a joint procurement of Iveco military vehicles under the European SAFE programme (Actions for the Security of Europe). The project involves the acquisition of 2,909 vehicles for the Romanian army and 62 vehicles for the Republic of Moldova.
The Moldovan national flag was raised at the Miele factory in Germany to mark the arrival of the Moldovan delegation. For the Miele consultants and the Bomba retail chain, this gesture was the most symbolic moment of the trip, which took place from 26 to 29 October. The practical focus of the trip was to familiarise themselves with the production of the appliances they present to customers every day, and with the company’s approach to operating in its local market.
