Victor Cosconel, Colliers: “We need a clear strategy to support the automotive industry in Romania”

“In recent years, almost every year we have had at least one project connected to the automotive industry—projects related to spare parts companies, logistics, but especially production.

Over the last two years, we have noticed a slowdown in activity, but I was pleasantly surprised by the resilience of the automotive industry. We are currently working with a company in southern Romania that is considering doubling its production capacity, so there are signs that Romania is still competitive.

Considering that every car in Europe contains at least one component produced in Romania, I believe we can continue to develop this industry,” said Victor Cosconel, Partner | Head of Leasing | Office & Industrial Agencies at Colliers, during the Automotive Forum 2025 organized by Automotive Today and The Diplomat-Bucharest.

Key statements:

• Whenever there is a need for a facility—for logistics it is obviously simpler—but when it comes to a production site, there are more elements that need to be taken into account.
• For Romania, and not only, we know the areas that offer easier access to infrastructure or faster access to these production capacities. Also, with our human resources partners, we can supplement and cover, at least initially, an analysis stage to identify where a new location would be more suitable from the perspective of easier or faster recruitment. Moreover, when it comes to creating analyses regarding the logistics side after production, we believe that we also have the possibility and the capacity to add value there with the competencies we have gained over time.
• Colliers is a multinational company, but with a more entrepreneurial spirit. We are present in over 80 countries, with origins in Canada, but we believe in the idea of “think global, act local.” The company is quite decentralized, and, at the local level, we operate quite independently.
• Romania has lost several new investments due to various factors, including lack of predictability, labor taxation, as well as energy costs. We need a clear strategy for supporting the automotive industry.