Direct foreign investments dropped 3.11 per cent in the first eight months of this year, compared with the same period of 2017, down to 2.863 billion euros, according to data published by the National Bank of Romania (BNR), published on Monday. “Direct investments of non-residents in Romania totalled 2.863 billion euros, compared with 2.955 billion euros in January-August 2017, out of which equity (including estimated net reinvestment of earnings) totalled 2.517 billion euros and intra-group credits recorded the net value of 346 million euros,” says the BNR release. The number of newly established companies running on foreign capital dropped by 5.14 per cent in the first months of this year, compared with the same period last year, down to 3,748 units, according to data centralized by the National Trade Register Office (ONRC). The 3,748 new companies had a total subscribed capital of 38.8 million US dollars, up 13.8 per cent compared with the period January-August 2017. According to the ONRC, in August were registered 411 companies running on foreign capital, most of them in Bucharest – 182 and the Iasi County – 25, Timis County – 23 and Ilfov County – 23.
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Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
Alt.Real and RongoDesign have been named the winners of the 2025 Romania ClimAccelerator in the Seed Stage category, the organizers announced. The program is dedicated to supporting early-stage climate-focused startups. This year’s accelerator selected 25 startups split between two tracks: 10 in the Pre-Seed Stage for early teams with a validated idea and 15 in […]
This week, the EDIT association launched the mural “Write your story through sport,” dedicated to Olympic and world swimming champion David Popovici. The work, created by the Sweet Damage Crew on an area of approximately 400 sqm on Simion Bărnuțiu Street in Timișoara, is part of the Outline Streetart urban revitalization project and promotes sport, […]
