Foreign direct investment in Romania reached 4.394 billion euros in the first eight months of 2021, as against 1.481 billion euros in the same period in 2020, which is a surge by 196.69%, according to data with the National Bank of Romania (BNR)."The direct investment of non-residents in Romania amounted to 4.394 billion euros (as against 1.481 billion euros in January-August 2020), of which equity investment (including estimated net reinvested profit) amounted to a net value of 3The 3,612 start-ups had a subscribed 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 dollars.In August, 508 companies with foreign contributions to the capital were registered. By fields, most registrations were 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, there were 234,588 companies running in Romania on foreign contributions to the share capital. The value of the subscribed capital was 64.144 billion US dollars.The largest number of companies with foreign contributions belonged to investors from Italy - 50,241 (subscribed capital of 3.909 billion dollars), but the highest value of the share capital belongs to Dutch companies, 12.687 billion US dollars in 5,623 companies. .803 billion euros, and the intragroup loans had a net value of 591 million euros."The number of newly established companies running on foreign capital in Romania increased in the first eight months of 2021 by 44.8% from the same period in 2020, to 3,612 units, according to data centralised by the National Companies Registry Office (ONRC).The 3,612 start-ups had a subscribed 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 dollars.In August, 508 companies with foreign contributions to the capital were registered. By fields, most registrations were 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, there were 234,588 companies running in Romania on foreign contributions to the share capital. The value of the subscribed capital was 64.144 billion US dollars.The largest number of companies with foreign contributions belonged to investors from Italy - 50,241 (subscribed capital of 3.909 billion dollars), but the highest value of the share capital belongs to Dutch companies, 12.687 billion US dollars in 5,623 companies.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
