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.
Romanian director Cristian Mungiu will be part of the jury that will judge the films in the main competition of this year’s Venice Film Festival - Venezia 82. The jury, headed by American director Alexander Payne, includes French director and screenwriter Stéphane Brizé, Italian director and screenwriter Maura Delpero, Iranian director and writer Mohammad Rasoulof, Brazilian actress, writer, and […]
Romania continues to face significant prison overcrowding, according to the Council of Europe’s latest data, released on Friday, July 18. The 2024 Annual Penal Statistics on Prison Populations (SPACE I) show that Romania is among six countries in Europe with severe overcrowding, housing 116 inmates for every 100 available places. The report, which...
Chris Hemsworth returns to Disney+ in August with a new season of the National Geographic documentary series Limitless, this time focused not just on longevity, but on discovering how to live better. Titled Limitless: Live Better Now, the three-part season follows Hemsworth through physical, emotional, and mental challenges across six countries, with one standout episode […]
The Black Sea 200 Regatta 2025, Romania’s first non-stop offshore regatta with a 200 nautical mile route, takes place between July 21 and 27. Now in its first edition, the event brings together more than 10 boats from Romania and Bulgaria, according to the organizers. The endurance course will start and finish in the Romanian […]
The National Environmental Guard has fined an illegally operating zoo in Dâmbovița county, southern Romania, a total of RON 120,000 following a joint inspection that uncovered serious violations, including the lack of environmental authorization and inadequate conditions for wild animals kept in captivity. The zoo was reportedly charging RON 50 per person for entry and […]
The National Cybersecurity Directorate (DNSC) and engineering company Enevo Group have signed a strategic cooperation agreement to strengthen cybersecurity in Romania’s energy sector. The partnership aims to test and develop monitoring and alerting technologies for cyberattacks, and to improve national response coordination to incidents affecting critical infrastructure, the companies said. The agreement focuses on sharing […]
