The number of companies with foreign capital newly established in Romania decreased last year by 4.86%, compared to 2022, to 7,010 units, according to data centralized by the National Trade Register Office (ONRC). The more than 7,000 new companies had a subscribed capital in the total amount of 125.66 million dollars, increasing almost three times compared to the subscribed capital of companies registered in the period January-December 2022, of 45.56 million dollars. In December 2023, 563 new companies with foreign participation in the share capital were registered. Depending on the fields of activity, the most registrations were registered in wholesale and retail trade, car and motorcycle repair (22.38% of the total), professional, administrative, scientific and technical activities (22.02% of the total) and transport, storage and communications (15.99%). At the end of December 2023, there were 251,226 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was almost 69.84 billion dollars. The largest number of companies with foreign participation was with investors from Italy, respectively 52,756 (subscribed capital of 3.31 billion dollars), but the highest value of the share capital belongs to Dutch companies, respectively 13.008 billion dollars, in 6,084 companies.
Wolt, a Helsinki-based technology company with operations in 28 countries, has completed the acquisition of delivery platform Tazz from eMAG. The deal marks Wolt’s entry into the Romanian market. Tazz’s current offerings, including restaurant, grocery, and retail selections, will continue as usual, as will Tazz’s participation in the eMAG Genius subscription program, the company announced. […]
MINA, the Museum of Immersive New Art in Bucharest, in collaboration with Forward Agency and EpicenterHub, has announced the launch of UNUSUAL, a new series of immersive concerts that blend music, technology, and visual art. The first concert in the series is scheduled for January 16 and will feature the alternative band Robin and the […]
Oresa Industra, a key player in Romania's industrial and logistics real estate sector, has leased 6,000 square meters of space in Industra Park Arad to Sellpy, a leading European second-hand retailer. The new warehouse, planned to become operational in the second quarter of 2025, will create over 300 jobs. This strategic decision marks an important […]
As Cambridge School of Bucharest continues its first year of offering parallel programmes in the last two years of Secondary school with both the International Baccalaureate (IB) and the British A-Levels, Jonathon Wragg, Head of Secondary school, explains what makes this offering so unique. Can you tell us about your role as the Head of […]
Ana Dumbravă, a student at the Iași Polytechnic, was named "The Best Counter-Strike Player in the World" for the third consecutive year. She received the award at an event in Belgrade. At the same event, her team, Imperial, was awarded as "the best team of 2024,” according to Ziarul de Iasi. “It’s a dream,...
Gabriela Ruse secured a spot in the second round of the Australian Open 2025 on Tuesday, January 14, after defeating fellow Romanian Irina Begu. Ruse won 6-4, 6-0 in a match that lasted just an hour and 19 minutes, News.ro reported. In the second round, Gabriela Ruse is set to face 19th seed...
