Tal Lahav CEO SIXT Group Romania:
Today, at ZF Transport, Logistics & automotive Summit 2018, organized at Marriott, I had the occasion to express my optimistic perspective about the Romanian economy. Many details, but some key points only bellow:
The Romanian Economy has a huge potential:
· low new cars sold / high SH cars sold / high SH cars imported / high traffic blockage
· low cars per capita
· old car park (and mainly diesel and polluting)
· undeveloped operational leasing market
· growth of business and leisure – internal and external
· growth outside Bucharest
· growing economy – mainly private consumption driven
Minimal action taken:
· highways and roads
· Infrastructure
· regulatory instability – salaries multiple changes, pollution, tax on cars, long term investments
· scrapping (rabla) program
· inflation/ deficit/ debt
Further steps:
1. Government economic stimulation through long term projects (infrastructure, facilities, electric) and employment and not short term inefficiencies
2. Regulation regarding pollution and car ownership
3. Decrease importing & usage of old polluting cars resulting in better health and less traffic and blockage
4. Comprehensive and relevant scrapping programs
5. Political and regulatory stability
6. Incentives / enforcement against off the books economy and cars tampering
