Non-residents' direct investment in Romania shrank to EUR 5,080 million at the end of August 2023, from EUR 7,421 in January - August 2022, according to data with the National Bank of Romania (BNR) published on Friday.Equity (including estimated net reinvestment of earnings) and intercompany lending posted net values of EUR 5,477 million and EUR 397 million, respectively.According to data with the National Companies Registry Office (ONRC), the number of start-ups running on new foreign capital established in Romania decreased in the first seven months of 2023 by 2.2%, y-o-y, to 4,037.The 4,037 start-ups' subscribed capital totalled USD 22.422 million, almost similar to USD 22.403 million in January-July 2022..In July 2023, 544 start-ups running on foreign capital were registered. Most registrations were in professional, scientific and technical activities (23.71% of the total); wholesale and retail trade, car and motorcycle repair (23.35%), and transport storage and communications (17.1%).At the end of July 2023, there were 248,252 companies running on foreign capital in Romania. The value of the subscribed capital was USD 68.693 billion.Most of the companies running on foreign capital were started up by investors from Italy, 52,363 of a subscribed capital of USD 4.047 billion, but the highest value of share capital belongs to Dutch companies: USD 12.847 billion in 5,997 companies.
JW Marriott Bucharest Grand Hotel marks a milestone that goes far beyond an anniversary this year. It celebrates 25 years of stories — of people, vision, and the unwavering belief that hospitality has the power to shape a city’s spirit. “Marking 25 years is, first and foremost, a statement of trust. Guests have chosen JW […]
Three-quarters of Romanian citizens believe that the national healthcare system offers poor services, and 70% think that it is overstretched, according to the seventh edition of the Ipsos global report on health services, carried out in 30 countries, including Romania. The study analyzes the population’s perceptions of healthcare systems, major issues in the field, and […]
An 11-story building is currently being built next to the graves in Bucharest’s famous Bellu Cemetery, and the project, authorized by the District 4 City Hall in 2023, has sparked controversy in the context of local elections for general mayor. District 4 City Hall, led by Daniel Băluță, currently a candidate for the position of general […]
Romania is preparing to select its first-ever national team for the Bocuse d’Or, marking the country’s official debut in the prestigious culinary competition. The Bocuse d’Or Romania National Selection will take place on November 27 in Brașov, where five teams will compete over six hours for a single place in the 2026 Bocuse d’Or Europe […]
Prosecutors and police in Romania conducted 17 searches on Tuesday, November 25, in a case concerning falsified documents for persons from Russia, Ukraine, the Republic of Moldova, and other states of the former USSR. The searches mainly took place in Suceava county, on the border with Ukraine, but also in Bucharest. Some of the targeted individuals […]
HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]
