A number of 4,392 companies with foreign capital were established in Romania in the first nine months of 2024, down by 16.22% compared to the same period in 2023, according to the data centralized by the National Trade Registry Office (ONRC).The 4,392 new companies had a subscribed capital in the total amount of 16,902 million dollars, down 85.44% compared to the subscribed capital of companies registered in the first nine months of 2023, of 116,079 million dollars.In September 2024, 428 companies with foreign participation were registered (-29.26% compared to the same month in 2023), with a subscribed capital of 161,200 dollars (-98.08%). Depending on the fields of activity, most registrations were registered in wholesale and retail trade, car and motorcycle repair (37.85% of the total), professional, administrative, scientific and technical activities (17.29% of the total) and transport, storage and communications (16.12%).At the end of September 2024, there were 269,386 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was over 71.526 billion dollars.The largest number of companies with foreign participation was with investors from Italy, respectively 53,411 (subscribed capital of 3.644 billion dollars), but the highest value of social capital belongs to Dutch companies, respectively 13.114 billion dollars, in 6,186 companies.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
