Direct foreign investments dropped 3.11 per cent in the first eight months of this year, compared with the same period of 2017, down to 2.863 billion euros, according to data published by the National Bank of Romania (BNR), published on Monday. “Direct investments of non-residents in Romania totalled 2.863 billion euros, compared with 2.955 billion euros in January-August 2017, out of which equity (including estimated net reinvestment of earnings) totalled 2.517 billion euros and intra-group credits recorded the net value of 346 million euros,” says the BNR release. The number of newly established companies running on foreign capital dropped by 5.14 per cent in the first months of this year, compared with the same period last year, down to 3,748 units, according to data centralized by the National Trade Register Office (ONRC). The 3,748 new companies had a total subscribed capital of 38.8 million US dollars, up 13.8 per cent compared with the period January-August 2017. According to the ONRC, in August were registered 411 companies running on foreign capital, most of them in Bucharest – 182 and the Iasi County – 25, Timis County – 23 and Ilfov County – 23.
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June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
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The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
