Non-residents' direct investment in Romania shrank to EUR 5,080 million at the end of August 2023, from EUR 7,421 in January - August 2022, according to data with the National Bank of Romania (BNR) published on Friday.Equity (including estimated net reinvestment of earnings) and intercompany lending posted net values of EUR 5,477 million and EUR 397 million, respectively.According to data with the National Companies Registry Office (ONRC), the number of start-ups running on new foreign capital established in Romania decreased in the first seven months of 2023 by 2.2%, y-o-y, to 4,037.The 4,037 start-ups' subscribed capital totalled USD 22.422 million, almost similar to USD 22.403 million in January-July 2022..In July 2023, 544 start-ups running on foreign capital were registered. Most registrations were in professional, scientific and technical activities (23.71% of the total); wholesale and retail trade, car and motorcycle repair (23.35%), and transport storage and communications (17.1%).At the end of July 2023, there were 248,252 companies running on foreign capital in Romania. The value of the subscribed capital was USD 68.693 billion.Most of the companies running on foreign capital were started up by investors from Italy, 52,363 of a subscribed capital of USD 4.047 billion, but the highest value of share capital belongs to Dutch companies: USD 12.847 billion in 5,997 companies.
The Romanian-American University announces the signing of a strategic academic partnership with the University of Hyogo, Japan, for the development of the International Business and Entrepreneurship master’s program, which thus becomes the first Japan-Romania double degree program in the field of business and entrepreneurship in Romania. Through this partnership, students will have the opportunity to […]
The European Commission (EC) announced on Thursday, May 14, that it issued a positive preliminary assessment of Romania’s fourth payment request for EUR 2.62 billion under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. The funds are tied to reforms and investments targeting transport decarbonization, digitalization, healthcare, tax reform,...
Leasing transactions for modern office space in Bucharest increased by 14% in the first quarter of 2026 compared to the same period last year, while new demand rose by 24%. Even so, the market remains below pre-pandemic levels, according to Colliers data. Total new demand reached approximately 24,000 square meters in the first three months […]
Romania ranks 14th out of 40 countries for income inequality, with the wealthiest fifth earning 5.73 times more than the poorest fifth, according to the “Unequal Chances – Children and Economic Inequality” report released by UNICEF on Tuesday, May 12. Among the countries with comparable data included in the report, Romania ranks 10th in child poverty, […]
New Romanian film distribution company Good Time Films announced its official launch with the acquisition of two international arthouse productions, including a title selected for the main competition at the 2026 Cannes Film Festival. The company said it will bring both films to Romanian cinemas later this year. The first title is Parallel Tales, written […]
Famed American actress Nicole Kidman stars in a new video promoting “Danaïde,” Constantin Brancusi’ golden portrait of his muse dated from 1913. In the video produced by prestigious auction house Christie’s, set to David Bowie’s song “Golden Years,” Kidman, herself a lover and supporter of the arts, approaches the work in Christie’s Rockefeller Center galleries, […]
