Romania’s Automotive Industry Enters a Risk Zone: Tens of Thousands of Jobs Lost as Local Production Falls 12.7% While the European Market Grows 5.7%
“Insolvencies in the sector do not show the full extent of the deterioration in the automotive industry, and we do not expect major insolvency proceedings to emerge across the sector. This means we risk even more if we look at the wrong indicator. The decline of the industry is reflected...