The direct investments of non-residents in Romania totaled 9.399 billion euros in the first 10 months of this year, higher by 20.59% compared to the 7.794 billion euros from January to October 2021, according to the data published on Wednesday by the National Bank of Romania (BNR)."The direct investments of non-residents in Romania totaled 9.399 billion euros (compared to 7.794 billion euros in the period January - October 2021), of which equity participations (including the estimated net reinvested profit) totaled a net value of 6.617 billion euros, and the intragroup loans recorded a net value of 2.782 billion euros," informs BNR.The number of companies with newly established foreign capital in Romania increased, in the first ten months of 2022, by 30.7%, compared to the similar period in 2021, to 6,175 units, according to the data centralized by the National Trade Registry Office (ONRC).The 6,175 new companies had a subscribed capital in the total amount of 35.060 million dollars, 2.7% lower than that of the companies registered between January and October 2021, of 36.028 million dollars.In October 2022, as many as 652 companies with foreign participation in the share capital were registered.Depending on the fields of activity, the most registrations were registered in September in wholesale and retail trade, car and motorcycle repair (24.69% of the total), professional, administrative, scientific and technical activities (21.78%), and transport, storage and communications (17.18%).At the end of October 2022, there were 243,022 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was 67.162 billion US dollars.The largest number of companies with foreign participation was with investors from Italy, respectively 51,579 (subscribed capital of 4.009 billion dollars), but the highest value of social capital belongs to Dutch companies, respectively 12.599 billion dollars, in 5,842 companies.
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
Alt.Real and RongoDesign have been named the winners of the 2025 Romania ClimAccelerator in the Seed Stage category, the organizers announced. The program is dedicated to supporting early-stage climate-focused startups. This year’s accelerator selected 25 startups split between two tracks: 10 in the Pre-Seed Stage for early teams with a validated idea and 15 in […]
This week, the EDIT association launched the mural “Write your story through sport,” dedicated to Olympic and world swimming champion David Popovici. The work, created by the Sweet Damage Crew on an area of approximately 400 sqm on Simion Bărnuțiu Street in Timișoara, is part of the Outline Streetart urban revitalization project and promotes sport, […]
Romania’s Artmark Group, a major operator in the art and collectibles market in Romania, Bulgaria, and Croatia, appointed Sorin Paul Suciu as Chief Executive Officer (CEO). Suciu takes over the operational and strategic coordination of the group in a phase of accelerated development, according to the company. He has over 25 years of experience in the […]
Romanian defense minister Ionuț Moșteanu resigned on Friday, November 28, after a scandal regarding inconsistencies in his resume triggered by a journalistic investigation. The controversy erupted after Libertatea reported that Moșteanu had falsely claimed in his first...
