The direct investment of non-residents in Romania decreased to 6.1 billion euros in the first 10 months of this year, from 9.5 billion euros in the period January - October 2022, according to the data of the National Bank of Romania, published on Thursday."The direct investment of non-residents in Romania were 6.148 billion euros (compared to 9.529 billion euros in the period January - October 2022), of which equity investment (including the estimated net reinvested profit) amounted to a net value of 6.078 billion euros, and the intra-group loans recorded a net value of 70 million euros," the BNR press release reads.The number of companies with newly established foreign capital in Romania decreased by 5.3%, in the first ten months of this year, compared to the similar period in 2022, to 5,850 units, according to the data centralized by the National Trade Registry Office (ONRC).The 5,850 new companies aggregated a subscribed capital in the total amount of 120.927 million dollars, an increase of almost 3.5 times compared to the subscribed capital of companies registered in the period January-September 2022, of 35.06 million dollars.In October 2023, 608 new companies with foreign participation in the social capital were registered. By fields of activity, most companies were registered in wholesale and retail trade, car and motorcycle repair (30.92pct), professional, administrative, scientific and technical activities (21.38pct of the total) and transport, storage and communications (13.16pct).At the end of October 2023, there were 250,066 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was almost 69.11 billion USD.The largest number of companies with foreign participation was with investors from Italy, respectively 52,601 (subscribed capital of 3.42 billion USD), but the highest value of the share capital belongs to Dutch companies, respectively 12.847 billion USD, in 6,055 companies.
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]
