The direct investments of non-residents in Romania increased by over 220 pct in the first ten months of this year, to 6.881 billion euros, compared to 2.130 billion euros in the period January - October 2020.According to a press release of the National Bank of Romania, sent on Tuesday, the equity participations (including the estimated net reinvested profit) amounted to a net value of 5.412 billion euros, and the intragroup loans recorded a net value of 1.469 billion euros.The data centralized by the National Trade Register Office (ONRC) show that the number of companies with foreign capital newly established in Romania increased, in the first ten months of 2021, by 43.6 pct, compared to the same period in 2020, to 4,726 units.The 4,726 new companies had a subscribed share capital in the total amount of USD 36,028 million, 91.6 pct higher than that of the companies registered in January - October 2020, of USD 18,808 million.In October 2021, 562 companies with foreign equity participation were registered. Depending on the fields, most registrations were registered in professional, administrative, scientific and technical activities (26.33 pct), wholesale and retail trade, car and motorcycle repair (25.27 pct of the total) and construction (13.7 pct).At the end of October 2021, there were 235,702 companies in Romania with foreign participation in the share capital. The value of the subscribed capital stood at USD 64.5 billion.The largest number of companies with foreign participation was with investors from Italy, respectively 50,433 (subscribed capital of 3.903 billion dollars), but the highest value of the share capital belongs to Dutch firms, respectively 12.715 billion dollars, in 5,647 companies.
Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025. Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
