A total of 4,943 foreign-owned companies were established in Romania in the first ten months of 2024, a decrease of 15.5% compared to the same period in 2023, according to data collected by the National Trade Registry Office (ONRC).These 4,943 new companies had a total subscribed share capital of nearly 17.5 million dollars, a decrease of 85.53% compared to the subscribed capital of firms registered in the first ten months of 2023, which was 121 million dollars.In October 2024, 551 foreign-owned companies were registered (-9.38% compared to the same month in 2023), with a subscribed capital of 597,000 dollars (-87.68%). In terms of activity sectors, the most registrations were recorded in wholesale and retail trade, and auto and motorcycle repair (35.57% of the total), professional, administrative, scientific, and technical activities (17.42% of the total), and transportation, storage, and communications (14.34%).At the end of October 2024, there were 269,937 foreign-owned companies in Romania. The subscribed capital amounted to over 71.74 billion dollars.The largest number of foreign-owned companies came from Italy, with 53,524 companies (subscribed capital of 3.634 billion dollars), while the highest subscribed capital was held by Dutch companies, with 13.218 billion dollars in 6,200 firms.
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
