The number of newly established companies running on foreign capital in Romania increased in January 2024 by 0.4%, compared to the same period in 2023, to 481 units, according to data centralized by the National Trade Register Office (ONRC).The 481 new companies had a total subscribed share capital of USD 2.958 million, up 28.1% from the subscribed capital of companies registered in January 2023, of USD 2.309 million.By fields of activity, most registrations were in wholesale and retail trade, auto and motorcycle repair (25.99% of the total), professional, administrative, scientific and technical activities (19.13% of the total) and transportation, warehousing and communications (16.42%).At the end of January 2024, there were 251,707 companies in Romania running on foreign capital. The value of subscribed capital stood at almost USD 70.092 billion.The highest number of companies running on foreign capital had investors from Italy, namely 52,818 (subscribed capital of USD 3.346 billion), but the highest value of share capital belonged to Dutch companies, namely USD 13.019 billion, in 6,098 companies.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
