The direct investments of non-residents in Romania increased by over 220 pct in the first ten months of this year, to 6.881 billion euros, compared to 2.130 billion euros in the period January - October 2020.According to a press release of the National Bank of Romania, sent on Tuesday, the equity participations (including the estimated net reinvested profit) amounted to a net value of 5.412 billion euros, and the intragroup loans recorded a net value of 1.469 billion euros.The data centralized by the National Trade Register Office (ONRC) show that the number of companies with foreign capital newly established in Romania increased, in the first ten months of 2021, by 43.6 pct, compared to the same period in 2020, to 4,726 units.The 4,726 new companies had a subscribed share capital in the total amount of USD 36,028 million, 91.6 pct higher than that of the companies registered in January - October 2020, of USD 18,808 million.In October 2021, 562 companies with foreign equity participation were registered. Depending on the fields, most registrations were registered in professional, administrative, scientific and technical activities (26.33 pct), wholesale and retail trade, car and motorcycle repair (25.27 pct of the total) and construction (13.7 pct).At the end of October 2021, there were 235,702 companies in Romania with foreign participation in the share capital. The value of the subscribed capital stood at USD 64.5 billion.The largest number of companies with foreign participation was with investors from Italy, respectively 50,433 (subscribed capital of 3.903 billion dollars), but the highest value of the share capital belongs to Dutch firms, respectively 12.715 billion dollars, in 5,647 companies.
A lynx that had fallen into a well near Romania's Parângul Mare peak was rescued by mountain rescuers from Gorj County, who descended approximately 15 meters to retrieve the animal. After sedating the animal, the rescuers descended into the well, immobilized it, and brought it to the surface. The lynx was unharmed and was subsequently […]
The Romanian Gymnastics Federation announced on Wednesday, January 8, that athletes Ana Maria Bărbosu and Lilia Cosman will continue their studies in the United States. Bărbosu, 18, has been admitted to Stanford University, while Lilia Cosman, 17, will attend Michigan State University. Federation officials discussed the gymnasts’ training schedules and objectives with representatives from the […]
Authorities in Arad, western Romania, apprehended the first two migrants attempting to leave the country illegally after Romania’s full accession to the Schengen Area. The individuals, citizens of Sri Lanka and Bangladesh, were found traveling on a bus heading to Germany. The two were uncovered after a random inspection by border police officers from the […]
Low-cost carrier Wizz Air said it would resume flights to Tel Aviv from Bucharest and Iași. Tickets can already be booked online via the airline’s website and app. Flights from Bucharest to Tel Aviv will be resumed on January 15, and from Iași starting March 25, the company announced. From Bucharest, flights will be operated […]
Starting in February, Dr. Beatrice Mahler, Associate Professor, will teach the first optional course on Narrative Medicine and Clinical Doctor-Patient Communication at the Carol Davila University of Medicine and Pharmacy in Bucharest, Agerpres reported. The course aims to rebuild trust between patients and...
Romania’s ailing state airline Tarom was recently ranked among the worst in the world by AirHelp, a company that specializes in obtaining compensation from airlines. The ranking, however, does not provide a complete methodology and includes a low number of airlines. Tarom appears along airlines such as Tunisair (Tunisia), Buzz (Poland), Nouvelair (Tunisia), Bulgaria Air […]
