The direct investments of non-residents (FDI) in Romania increased by 186.44 pct in the first 11 months of 2021, to 6.866 billion euros, compared to 2.397 billion euros between January and November 2020, according to data from the National Bank of Romania (BNR), submitted on Thursday ."The direct investments of non-residents in Romania amounted to 6.866 billion euros (compared to 2.397 billion euros in the period January - November 2020), of which the equity participations (including the estimated net reinvested profit) amounted to 5.499 million euros, and the intragroup loans recorded a net value of 1.367 million euros," the BNR data said.The number of companies with foreign capital newly established in Romania increased, in the first 11 months of 2021, by 42.2 pct, compared to the same period in 2020, to 5,284 units, according to the data centralized by the National Trade Register Office (ONRC).The 5,284 new companies had a total subscribed share capital of USD 41.109 million, 107.3 pct higher than that of the companies registered in January - November 2020, of USD 19,828 million.In November 2021, 558 companies with foreign participation in the capital were registered. Depending on the business, most registrations were registered in wholesale and retail trade, cars and motorcycles repairs (28.32 pct of the total), professional, administrative, scientific and technical activities (21.15 pct) and construction (12.37 pct).At the end of November 2021, in Romania there were 236,260 companies with foreign participation in the share capital with a value of the subscribed capital standing at USD 64.354 billion.The largest number of companies with foreign participation was with investors from Italy, respectively 50,517 (subscribed capital of USD 3.902 billion), but the highest value of the share capital belongs to Dutch firms, respectively USD 12.441 billion, in 5,656 companies.
Romanian tech company OVES Enterprise has entered a strategic partnership with US-based MSI Defense Solutions to develop a new generation of AI-powered anti-drone and anti-missile systems. The collaboration marks a major step forward in defense technology, targeting the growing threat of autonomous aerial attacks on modern battlefields. MSI is a longstanding partner of the US […]
Romania’s highway network grew by 140 kilometers in 2024, reaching a total of 1,137 kilometers by the end of the year, according to new data from the National Institute of Statistics (INS). The increase comes as part of the country’s broader efforts to improve its transport infrastructure, with highways now making up 6.3% of the […]
Romanian prime minister Marcel Ciolacu again stated that Romania will not send any soldiers to the front in Ukraine, emphasizing that the commitment to allocate over 2% of the GDP for defense remains essential. The statements were made on Wednesday, April 23, during the Romanian Land Forces Day ceremonies. During the event, the official congratulated […]
Bihor County Council announced on Wednesday, April 23, that it signed a contract with Lufthansa for the operation of Oradea-Munich flights beginning this summer. The flights will be operated by Lufthansa CityLine with the Bombardier CRJ 900 aircraft, with a capacity of 90 seats in Business and Economy classes. The German airline will operate three […]
The leader of the Romanian far-right party AUR (Alliance for the Union of Romanians), George Simion, has reportedly cleared the signing of a USD 1.5 million contract with BGD Legal & Consulting to buy lobby services in the US aimed at resulting in interviews and meetings with American officials, according to
Evomag, the only online store in Romania active on all major marketplace platforms (eMAG, Trendyol, Glovo, Bringo, Tazz, and Decathlon), will soon complete its listing on Skroutz, the most important marketplace in Greece, and estimates an additional increase of at least 10% in sales achieved through this channel for 2025,
