The number of foreign capital start-ups established in Romania increased in the first eight months of 2021 by 44.8%, to 3,612 units, compared to the same period in 2020, according to data centralized by the National Trade Register Office (ONRC).The 3,612 new companies had a paid up share capital of 28.241 million US dollars, more than twice as much as that of the companies registered in January-August 2020, of 13.032 million US dollars.In August, were registered a number of 508 companies with foreign participation in the share capital. Most of the newly registered companies operate in wholesale and retail trade, car and motorcycle repair (24.8% of the total), professional, administrative, scientific and technical activities (24.41%) and transport, storage and communications (14.57%).At the end of August 2021, in Romania there were 234,588 companies running on foreign share capital. The value of the subscribed capital was 64.144 billion US dollars.Most foreign capital companies, specifically 50,241 - run on Italian capital (3.909 billion US dollars paid up capital), but the most sizable foreign capital comes from the Dutch companies, respectively 12.687 billion US dollars, in 5,623 companies.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
