The number of foreign capital start-ups established in Romania increased in the first eight months of 2021 by 44.8%, to 3,612 units, compared to the same period in 2020, according to data centralized by the National Trade Register Office (ONRC).The 3,612 new companies had a paid up share capital of 28.241 million US dollars, more than twice as much as that of the companies registered in January-August 2020, of 13.032 million US dollars.In August, were registered a number of 508 companies with foreign participation in the share capital. Most of the newly registered companies operate in wholesale and retail trade, car and motorcycle repair (24.8% of the total), professional, administrative, scientific and technical activities (24.41%) and transport, storage and communications (14.57%).At the end of August 2021, in Romania there were 234,588 companies running on foreign share capital. The value of the subscribed capital was 64.144 billion US dollars.Most foreign capital companies, specifically 50,241 - run on Italian capital (3.909 billion US dollars paid up capital), but the most sizable foreign capital comes from the Dutch companies, respectively 12.687 billion US dollars, in 5,623 companies.
The Supreme Council of National Defense (CSAT) has approved the acquisition of a new light corvette for the Romanian Naval Forces, part of the country's military modernization efforts. The decision was made during a meeting on Friday, March 28, at Cotroceni Palace, presided over by interim president Ilie Bolojan. The procurement process will be initiated […]
The National Audiovisual Council (CNA), which governs TV and media in Romania, has recently come under fire after it issued an order for the removal of a video in which a journalist states that the decision of the Central Electoral Bureau to eliminate pro-Russian Călin Georgescu from the presidential race is a coup d'état. The […]
A report from World Vision Romania draws attention to how exposure to toxic content on social media is increasingly affecting girls and young women. Due to insecurities about their bodies, six out of ten teenage girls have tried extreme or unhealthy diets at least once in their lives so as to lose or gain weight. Social […]
Famed Argentine-born pianist Martha Argerich was awarded the "Faithful Service Order in the rank of Grand Officer" by the Romanian Presidency, represented by Romanian Honorary Consul to Switzerland Ion Marin, during a special ceremony held on March 27 at Lugano. The ceremony was attended by Andreea Guțu, Chargé d’Affaires ad interim at the Romanian Embassy […]
A study conducted by CED Romania and Accenture, with the support of the European Accessibility Resource Centre AccessibleEU, shows that when meeting a person with disabilities for the first time, half of Romanians without disabilities want to help and be useful, but many more (66%) fear causing offense. The study also reveals major gaps between […]
A recently launched hop-on hop-off tourist bus service in Romania connects UNESCO heritage sites between Sibiu, Sighișoara, and Brașov in the famous region of Transylvania. Operated by Carpathian Travel Center in partnership with the Sibiu County Tourism Association, the UNESCO-Bus offers visitors the freedom to discover the breathtaking landscapes and medieval landmarks of the Transylvanian […]
