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.
The Romanian Ministry of Energy announced that the volume of natural gas exported from the Neptun Deep perimeter to Germany, under a contract previously reported by media, will represent less than 1% of the total estimated production of the Black Sea field, which has estimated reserves of over 100 billion cubic meters of natural gas, […]
For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association […]
German company Schieffer Industries will build a plastic components factory for the automotive industry on a plot of land at the entrance to the municipality of Hunedoara in Romania. Works on this investment are expected to be completed in the fall of this year so that production can start at the end of 2025, the […]
The Romanian state would consider the option of returning as a majority shareholder of utility group Electrica (BVB: EL) again and is analyzing ways to do this, sources told Economedia.ro. "It's a working scenario," other sources told Economedia.ro. Currently, Electrica is a listed company on the Bucharest...
Local carmaker Dacia has officially launched its Bigster model for orders in Romania on January 9, with prices starting at EUR 23,000 (VAT included) for the Essential version. The price goes up to EUR 29,500, with VAT, for the top version, Journey Hybrid 155. Deliveries to showrooms are expected to begin in spring 2025, with...
The leaders of the ruling coalition made up of the Social Democrats (PSD), Liberals (PNL), the Democratic Alliance of Hungarians (UDMR), and the minorities' group met on Wednesday evening, January 8, to decide on the new dates for the presidential elections. According to the agreed election schedule, the first round will take place on May […]
