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.
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled "Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22, […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
