Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Direct foreign investments down 3.11 per cent in...

Direct foreign investments down 3.11 per cent in January-August 2018

October 15, 2018

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.

The post Direct foreign investments down 3.11 per cent in January-August 2018 appeared first on Nine O clock.

The text of this article has been partially taken from the publication:
https://www.nineoclock.ro/2018/10/16/direct-foreign-investments-down-3-11-per-cent-in-january-august-2018/
Read in full - click here
Romanian-born Druid AI raises USD 31 million for agentic AI platform growth, appoints Joseph Kim as CEO

Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]

Average Bucharest driver loses roughly 12 days annually due to congestion, report shows

Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]

Romanian Parliament holds moment of silence for American conservative activist Charlie Kirk

Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]

EUR 60,000 shelter in Romania's Făgăraș Mountains to be completed this autumn

A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]

Trailer released for ‘The Yellow Tie’ biopic on Romanian conductor Sergiu Celibidache

The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]

Romania’s cancelled 2024 presidential elections influenced by Russia, general prosecutor says

The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...