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.
The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market. The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. "The new location complements the already […]
Raiffeisen Bank Romania has finalized the selection process for MoonShotX - a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally. After a selection period of 3 months, 22 companies were selected out of a total of more than 760 […]
Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias,...
NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The […]
Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are […]
The Apprentice, director Ali Abbasi's new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro. The feature was selected in the main competition at Cannes this year. The...
