As many as 2,308 companies with foreign capital have been established during the first four months of 2024, going up by 0.9% when comparing to the similar period of 2023, according to the centralized data from the National Trade Registry Office (ONRC).The 2,308 new companies had a total subscribed capital of more than USD 12.4 million, an increase of 46.4% compared to the subscribed capital of companies registered in January - April 2023, of USD 8.47 million.In April 2024, 633 companies with foreign participation were registered (+32.7% compared to the same month in 2023), with a subscribed capital of 2.17 million RON (+37.8%). Depending on the fields of activity, the most registrations were registered in wholesale and retail trade, car and motorcycle repair (35.23% of the total), professional, administrative, scientific and technical activities (17.06% of the total) and transport, storage and communications (15.32%).At the end of April 2024, there were 253,534 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was over USD 70.58 billion.The largest number of companies with foreign participation was with investors from Italy, respectively 53,077 (subscribed capital of approximately USD 3.37 billion), but the highest value of the share capital belongs to Dutch companies, respectively USD 13.063 billion, in 6,146 of companies.
HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]
The “Dimitrie Gusti” National Village Museum in Bucharest is set to host the Saint Andrew Fair between November 29 and December 1, celebrating both the Day of Saint Andrew the Apostle, the Protector of Romania, and December 1, Romania’s National Day. The museum will set up small shops for skilled craftsmen who will bring traditional […]
The Japanese premium skincare brand Onshindo Osaka officially enters the Romanian market through its exclusive distributor, Pharma Brands, marking a new milestone in its European expansion strategy. Following its successful launch in Spain, the company aims to capitalize on the growing interest of Romanian consumers in premium skincare products with clinically proven efficacy and authentic […]
Honor appointed Kerr Cheng as the new country manager for Romania, placing him at the helm during a “key phase” of the brand’s expansion in Central and Eastern Europe. The company said Romania remains one of its most dynamic and strategically important markets in the region, and Cheng will be responsible for accelerating local growth […]
Romania has closed its participation in the 2025 Venice Architecture Biennale with the conclusion of Human Scale, the exhibition presented in the Romanian Pavilion at Giardini della Biennale and in the New Gallery of the Romanian Institute of Culture and Humanistic Research. Meanwhile, the project’s official catalogue has been made available to the public. The […]
The forests around the mountain city of Brașov and the Postăvaru Massif may be home to the largest densities of large owls in the world, according to a study by biologist Călin Vasile Hodor from Wildlife Management Consulting and professor Dan Traian Ionescu from the Faculty of Forestry Brașov, as quoted by BizBrasov.ro. The study […]
