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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
