A number of 309 companies running on foreign capital were established in Romania in January 2025, down 15.76% compared to the same period in 2024, according to data centralized by the National Trade Register Office (ONRC).The 309 new companies had a subscribed share capital totaling 301,700 US dollars, down 89.8% compared to the subscribed capital of companies registered in January 2024, of 2.958 US million dollars.Depending on the fields of activity, most registrations were recorded in wholesale and retail trade, car and motorcycle repair (36.25% of the total), professional, administrative, scientific and technical activities (11% of the total) and real estate transactions (10.03%).At the end of January 2025, there were 257,619 companies running on Foreign capital in Romania. The value of the subscribed capital was 71.405 billion US dollars.The largest number of companies running on Foreign capital had investors from Italy, respectively 53,788 (subscribed capital of almost 3.642 billion US dollars), but the highest value of the share capital belongs to Dutch companies, respectively 13.155 billion US dollars, invested in 6,223 companies.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
