Content type

Romania EV Profile: Rabla Plus Extension Bodes Well For EV Adoption

Autos / Romania / Wed 15 Mar, 2023

Key View: Demand for EVs in Romania will be underpinned by the generous incentives offered by the 'Rabla Plus' programme which offers consumers steep discounts in the purchase of EVs. We forecast EV sales to expand by 29.4% in 2023 and sales to reach 19,597 units which would result in EVs representing 12.7% of total vehicles sold. Within our

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Romanian Growth Outlook Improves But Still Faces Headwinds

Country Risk / Romania / Fri 03 Feb, 2023

Key View

  • At Fitch Solutions, we have raised our 2023 real GDP growth forecast for Romania from 0.9% to 2.0%, following an estimated 4.4% expansion in 2022 (up from a prior 4.2%).
  • Lower energy prices will alleviate some pressure on household consumption and industrial output. However, a combination of gas prices still exceeding pre-2022
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Romanian GDP Growth Outlook Remains Weak Following Q322 Data

Country Risk / Romania / Mon 21 Nov, 2022

Key View

  • At Fitch Solutions, we have lowered our 2022 real GDP growth forecast for Romania from 6.7% to 4.2% following downward revisions to historical data, while keeping our 2023 forecast at 0.9%.
  • We expect previously resilient demand to be increasingly offset by high inflation, caused by the war in Ukraine inflating the cost of energy
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Romanian Growth Facing Headwinds After Initial Rebound

Country Risk / Romania / Wed 17 Nov, 2021

Key View

  • Though we continue to expect Romania to record a robust 2021 expansion relative to regional peers, we have lowered our real GDP growth forecasts to 5.8% for 2021 (from 6.0% previously) and 4.5% (from 5.0%).
  • High Inflation and measures aimed at containing the covid-19 pandemic will likely stymie private consumption growth over the
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