Non-residents' direct investments in Romania in the first nine months of 2024 totalled EUR 5,362 million, up 3.69% from the EUR 5,171 million in the similar period one year before, the National Bank of Romania (BNR) informs in a press release sent on Wednesday."Non-residents' direct investments in Romania totalled EUR 5,362 million (compared with EUR 5,171 million in January - September 2023), of which equity (including the estimated reinvestment of earnings) and intercompany lending recorded net values of EUR 4,288 million and EUR 1,074 million, respectively," the release reads.A total of 4,392 companies running on foreign capital were established in Romania in the first nine months of 2024, marking a 16.22% decrease compared to the same period in 2023, according to data compiled by the National Trade Registry Office (ONRC).These 4,392 new companies had a total subscribed share capital of 16.902 million dollars, down by 85.44% compared to the subscribed capital of firms registered in the first nine months of 2023, which amounted to 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%). In terms of business sectors, the largest number of registrations were in wholesale and retail trade, and auto 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 social capital in Romania. The value of the subscribed capital was over 71.526 billion dollars.The highest number of foreign capital companies was from Italy, with 53,411 companies (subscribed capital of 3.644 billion dollars), but the largest share capital belonged to Dutch companies, with 13.114 billion dollars in 6,186 firms.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox. The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]
Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]
Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website. The "Meine Welt" tour will take […]
HR Summit, one of the most important events dedicated to the human resources industry in Transylvania, will take place under the theme Shifting Priorities: Talent, Technology, and Trust, on Friday, November 22, at Radisson Blu Hotel in Cluj-Napoca. This year's edition of HR Summit focuses on leadership, employee well-being, the introduction of innovative...
Fourteen Central and Eastern European startups (CEE) have been selected for the first edition of the Impact Creators accelerator, Impact Hub Bucharest and PurposeTech announced. The application period attracted 133 proposals from 18 countries. The startups will participate in an intensive program to accelerate their businesses, which will end with a Pitch Day. The most […]
The immersive art museum MINA Cluj will host a special event featuring Dumitru Prunariu, the only Romanian who flew in space. Scheduled for November 24, the event will give the public the opportunity to hear the stories directly from the one who represented Romania in the Soyuz 40 mission in 1981, carried out as part […]
