An accelerated decline in demand for cars with ICE engines in Europe, expected for the next five to 10 years, would significantly affect Romanian manufacturers with direct consequences including state revenues and the loss of dozens of thousands of jobs, according to a Frames & Factory 4.0 analysis quoted by Adevarul and reported by Romania Insider.
The Romanian industry’s competitive advantages today – cheap labour, low operating costs – may become irrelevant in the next decade, amid the “industrial revolution” that the car industry is going through, according to the report.
The most affected will be car manufacturers and some manufacturers of parts for combustion engines, as the production of electric motors requires 90% less labour force than that of ICEs.
Factory 4.0 head manager Marius Haratau suggested support may come in the form of training people for the roles they will be supposed to play in future factories.
“There are almost 200,000 employees in this sector, and the focus on technology and digitalisation will make many of the jobs in this sector disappear or be fundamentally transformed in the perspective of the next ten years. There is a need for retraining courses for them and not only for them, for all Romanians who want to specialise in new technologies.”