Foreign direct investment in Romania reached 4.394 billion euros in the first eight months of 2021, as against 1.481 billion euros in the same period in 2020, which is a surge by 196.69%, according to data with the National Bank of Romania (BNR)."The direct investment of non-residents in Romania amounted to 4.394 billion euros (as against 1.481 billion euros in January-August 2020), of which equity investment (including estimated net reinvested profit) amounted to a net value of 3The 3,612 start-ups had a subscribed share capital of 28.241 million US dollars, more than twice as much as that of the companies registered in January-August 2020, of 13.032 million dollars.In August, 508 companies with foreign contributions to the capital were registered. By fields, most registrations were in wholesale and retail trade, car and motorcycle repair (24.8% of the total), professional, administrative, scientific and technical activities (24.41%) and transport, storage, and communications (14.57%).At the end of August 2021, there were 234,588 companies running in Romania on foreign contributions to the share capital. The value of the subscribed capital was 64.144 billion US dollars.The largest number of companies with foreign contributions belonged to investors from Italy - 50,241 (subscribed capital of 3.909 billion dollars), but the highest value of the share capital belongs to Dutch companies, 12.687 billion US dollars in 5,623 companies. .803 billion euros, and the intragroup loans had a net value of 591 million euros."The number of newly established companies running on foreign capital in Romania increased in the first eight months of 2021 by 44.8% from the same period in 2020, to 3,612 units, according to data centralised by the National Companies Registry Office (ONRC).The 3,612 start-ups had a subscribed share capital of 28.241 million US dollars, more than twice as much as that of the companies registered in January-August 2020, of 13.032 million dollars.In August, 508 companies with foreign contributions to the capital were registered. By fields, most registrations were in wholesale and retail trade, car and motorcycle repair (24.8% of the total), professional, administrative, scientific and technical activities (24.41%) and transport, storage, and communications (14.57%).At the end of August 2021, there were 234,588 companies running in Romania on foreign contributions to the share capital. The value of the subscribed capital was 64.144 billion US dollars.The largest number of companies with foreign contributions belonged to investors from Italy - 50,241 (subscribed capital of 3.909 billion dollars), but the highest value of the share capital belongs to Dutch companies, 12.687 billion US dollars in 5,623 companies.
The Supreme Council of National Defense (CSAT) has approved the acquisition of a new light corvette for the Romanian Naval Forces, part of the country's military modernization efforts. The decision was made during a meeting on Friday, March 28, at Cotroceni Palace, presided over by interim president Ilie Bolojan. The procurement process will be initiated […]
The National Audiovisual Council (CNA), which governs TV and media in Romania, has recently come under fire after it issued an order for the removal of a video in which a journalist states that the decision of the Central Electoral Bureau to eliminate pro-Russian Călin Georgescu from the presidential race is a coup d'état. The […]
A report from World Vision Romania draws attention to how exposure to toxic content on social media is increasingly affecting girls and young women. Due to insecurities about their bodies, six out of ten teenage girls have tried extreme or unhealthy diets at least once in their lives so as to lose or gain weight. Social […]
Famed Argentine-born pianist Martha Argerich was awarded the "Faithful Service Order in the rank of Grand Officer" by the Romanian Presidency, represented by Romanian Honorary Consul to Switzerland Ion Marin, during a special ceremony held on March 27 at Lugano. The ceremony was attended by Andreea Guțu, Chargé d’Affaires ad interim at the Romanian Embassy […]
A study conducted by CED Romania and Accenture, with the support of the European Accessibility Resource Centre AccessibleEU, shows that when meeting a person with disabilities for the first time, half of Romanians without disabilities want to help and be useful, but many more (66%) fear causing offense. The study also reveals major gaps between […]
A recently launched hop-on hop-off tourist bus service in Romania connects UNESCO heritage sites between Sibiu, Sighișoara, and Brașov in the famous region of Transylvania. Operated by Carpathian Travel Center in partnership with the Sibiu County Tourism Association, the UNESCO-Bus offers visitors the freedom to discover the breathtaking landscapes and medieval landmarks of the Transylvanian […]
