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In 2013, the Romanian automotive industry ranks fourth in Central and Eastern Europe, behind that of the Czech Republic, Slovakia, and Poland, with a total car production of 410,997 units. In Romania are produced a wide range of automobiles, minivans, sport utility vehicles, buses, and trucks. In 2007 Romania exported US$3.7 billion worth of ...
The economy of Romania is a high-income mixed economy, with a high degree of complexity. [ 40 ] It ranks 12th in the European Union by total nominal GDP [ 41 ] and 7th largest when adjusted by purchasing power (PPP). [ 42 ] The World Bank notes that Romania 's efforts are focused on accelerating structural reforms and strengthening institutions ...
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. It has been a member of NATO since 2004, and part ...
In 2014, the Romanian automotive industry ranks fifth in Central and Eastern Europe, behind that of the Czech Republic, Slovakia, and Poland. Ford bought the Automobile Craiova plant for $57 million, planning to produce automobiles at a rate of over 300,000 units a year by 2010. [3][4][5] Ford said it would invest €675 million (US$923 million ...
Frigate Mărășești, the largest warship of the Romanian Navy ever built in Romania. Before 1989, Romania was among the top ten arms exporters in the world, however its arms industry declined considerably during the 1990s. Exports fell from roughly $1 billion before 1989 to about $43 million in 2006, [ 1 ] and the number of employees also ...
Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. [5] 2.8% of the country's GDP is derived from agricultural activity. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs.
The construction industry in Romania contributed an estimated 5.95% in 2006 to the country's gross domestic product (GDP). Business Monitor International released Romania Infrastructure Report Q2 2007 in which they forecast an average industry growth rate of 6.84% over the 2007-2011 period. [2]
Romania is the largest country in Southeastern Europe and the twelfth-largest in Europe, having an area of 238,397 square kilometres (92,046 sq mi). [242]: 17 It lies between latitudes 43° and 49° N and longitudes 20° and 30° E. The terrain is distributed roughly equally between mountains, hills, and plains.