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.
Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025. Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
