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.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
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A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
