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.
Hesburger, the largest chain of fast food restaurants in Finland and the Baltic countries, has entered the Romanian market with a first restaurant in Râmnicu Vâlcea. A family business with a history of over 50 years, Hesburger currently operates in nine countries and has over 470 restaurants. The company aims to open 10 new locations […]
Romania’s minister of research, innovation, and digitalization, Bogdan Ivan, announced on Friday, May 17, the launch of the #nofake platform through which inappropriate content on social media can be reported. The platform will target digital fakes, defamatory content, disinformation, and manipulation. It can be accessed on the ministry website at Mcid.gov.ro/nofake. "The #nofake platform will […]
Classical music lovers can purchase tickets for the recitals and symphonic concerts held between August 31 and September 27 at the Romanian Athenaeum in Bucharest as part of the 19th edition of the George Enescu International Competition. Maestro Cristian Măcelaru, artistic director of the George Enescu International Festival and Competition, proposes six recitals and five […]
CFR Călători, the state railway operator in Romania, announced that starting from June 14/15, the summer transport program "Trains of the Sun" will begin. The program will provide daily direct connections from all over the country to the resorts on the Black Sea and the Danube Delta. For three months, there will be 30 direct […]
Lucas Boudet, EASA: “Responsible advertising is good for business. 30-50% of market capitalization comes from reputation.” Orsolya Borsos, CNA: “I think that coregulation with the Romanian Council for Advertising is already in place and it would benefit us all if influencers self-regulate too.” Paul Anghel, ANPC: “We as partners are fair and open to dialogue, thus […]
Swedish furniture retailer IKEA said on May 16 that it opened its first planning and order studio in Romania, in the seaside city of Constanța. Located inside the city's Supernova shopping center, the new format offers customers assistance in planning various areas of their homes and ordering furniture and accessories for their projects. The space […]
