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During the Communist period, Romania was one of the largest automobile producers in Central and Eastern Europe, however the industry declined after the 1989 revolution. Previously, other domestic manufacturers such as Tractorul Braşov, ARO and Oltcit existed, however they eventually went bankrupt due to botched privatization in the 1990s.
Ford Otosan Romania SRL, commonly referred to as Ford Romania, is an automobile manufacturing company operated by Ford Otosan, located in Craiova, Romania. [4] The company was established in 2008 after Ford's purchase of Daewoo Automobile Romania. In 2022, the Ford Romania company was purchased by Ford Otosan and changed its name to Ford Otosan ...
Location of Romania. Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.
Romania has been successful in developing dynamic telecommunications, [1] aerospace, [2] and weapons sectors. [3] [4] Industry and construction accounted for 32% of gross domestic product (GDP) in 2018, a comparatively large share even without taking into account related services. The sector employed 26.4% of the workforce.
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As of April 2023, there were around 40,000 electric vehicles (including plug-in hybrid vehicles) in Romania, equivalent to 0.5% of all cars in the country. [2] As of March 2023 [update] , 8.6% of new cars registered in Romania were fully electric , and 3.4% were plug-in hybrid.
Romanian license plate issued from 2007 European Union stripe, known as a "Euroband". The most common format for vehicle registration plates in Romania consists of black letters on white background in the format CC 12 ABC, where CC is a two letter county code, 12 is a two digit group, and ABC is a three letter group.