Almost one quarter of Romania’s exports is provided by the auto industry. Renault’s Caracatzanis: ”It’s a positive example in Europe”

The automotive industry has a certain tradition on the local market, being one of the major pillars of the Romanian industry, alongside the retail and IT industries. Almost a quarter of domestic exports are provided by the automotive industry, so this sector needs to be encouraged, and the Government has taken a number of measures in this respect.

”You, from the automotive sector, are living in a competitive world; maybe we, on the other side of the barricade, as simple clients and users, do not understand how much and at what level your concerns are rising. However, we have people with recognized professional training in the industry and that is why important investors appreciate the quality of these people. (…) Therefore, along with IT, the auto industry is the carrier of the highest technology and boosts economic research and also secures its financing,” said Florin Vodita, State Councilor of the Prime Minister, on Tuesday during the first edition of ‘Romanian Automotive Summit’.

According to him, the production of new cars in Romania reached 360,000 units per year, but compared to Slovakia, the number is still small.

”You have opportunities, challenges, and Government support because, through you, we can advance much faster than the other industries. The two major world car manufacturers, Renault and Ford, are here. Together with 1,000 other large companies, it’s provided on the horizontal industry those needed for the two major renowned brands,” Vodita stated.

Attending the event, Yves Caracatzanis, Managing Director Groupe Renault Romania and chairman of the Romanian Automotive Partnership (PAR), pointed out that the Romanian auto industry is a positive example at European level, with 206,000 jobs created over the past 20 years.

”This contributed to Romania’s integration in the European economy. Romania has a well-known global competitiveness. The car fleet in Romania is 6 million vehicles but with an average age of 13.5 years compared with 9.7 years at European level. In 2016, we are at a fairly high sales rate for new cars. Instead, at the second-hand level, the ratio is five old cars bought to a new one. All measures to support the renewal of the car fleet are good and welcome for both Romania and the automotive industry,” Caracatzanis said.

On the other hand, he pointed out that the realities in the Romanian automotive industry must be discussed in order to identify what is missing so as to anticipate development opportunities.

”We are trying to identify what is missing and to prepare for the future. It depends on the Romanian legislation. Currently, there are Research and Development Centers in Romania, but tomorrow is uncertain and we must to build it together.

In another train of thoughts, Dragos Anastasiu, President of the German-Romanian Chamber of Commerce and Industry (AHK Romania) spoke about the split VAT measures, which toghether with the turnover tax, induced a sense of fear and a lack of predictability.

”13 percent of GDP is a unitary voice and is waiting to be treated as such. The main way in which authorities can relate to this industry is through predictability. This is the response the car industry sends to the authorities. It would be good if the authorities do not align with the classical Romanian creativity and have many ideas,” AHK official said.

In his opinion, multinationals have brought to Romania several benefits without which our country would not have been what it is now.

The Romanian Automobile Manufacturers Association (ACAROM), German-Romanian Chamber of Commerce and Industry (AHK Romania) and the Romanian Automotive Partnership (PAR) organised the first edition of the Romanian Automotive Summit on Tuesday.

More than 250 participants from the automotive industry, central and local administrations, academia, business organisations and professional associations were expected to address the main topics of common interest such as production, industry 4.0, engineering, research, development and innovation, education and human resources, integration with the automotive supplier networks as well as transport infrastructure.

auto industryautomotive supplier networksDragos AnastasiuFlorin VoditaManaging Director Groupe Renault Romanianew carsPresident of the German-Romanian Chamber of Commerce and Industry (AHK Romania)Romania's exportsRomanian auto industryRomanian Automobile Manufacturers Association (ACAROM)Romanian Automotive Partnership (PAR)Romanian Automotive SummitState Councilor of the Prime MinisterYves Caracatzanis
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