www.mediafax.ro/economic/romania-al-saptelea-produ

The Romanian automotive industry significantly contributes to the national economy, accounting for over 13% of GDP. Prime Minister Luca Niculescu announced fiscal measures and investments to support this sector, which has become the seventh largest car producer in the EU by 2025. He emphasized the importance of the automotive sector for employment and competitiveness, especially amid European market pressures. Key initiatives include the elimination of the minimum turnover tax by 2027 and accelerated depreciation for new assets. The government also aims to enhance local supplier development and ensure energy independence to support the industry. Additionally, there is a focus on improving education to meet industry needs.

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