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.
The post Direct foreign investments down 3.11 per cent in January-August 2018 appeared first on Nine O clock.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
