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.
Rubik Hub has been ranked 39th out of 150 in the prestigious Europe’s Leading Start-up Hubs 2025 ranking. Compiled by the Financial Times, in collaboration with international research and data company Statista and start-up media platform Sifted, the ranking identifies and highlights the top-rated and most recommended start-up support programs across Europe. Rubik Hub achieved […]
Romanian foreign minister Emil Hurezeanu stated at the High-Level Segment of the 58th session of the UN Human Rights Council (HRC) in Geneva that strengthening mechanisms for investigating human rights violations in Ukraine is necessary. The statement comes as the United States under the Trump administration has toned down its condemnations against Russia amid the […]
Several Western embassies in Bucharest expressed support for Romania on Thursday, February 27, emphasizing its commitment to the rule of law, democratic values, and judicial independence, Biziday.ro reported. Representatives of France, Germany, the Netherlands, and Spain posted messages on social media reaffirming their confidence in Romania's institutions amid recent criticism from figures associated with the...
RoBoost, Romanian Business Leaders’ program dedicated to the development of Romanian Tourism Brand, was the host of “Strategies and Influencers for the Future of Romanian Tourism” Conference at the RomExpo Tourisn Fair in Bucharest. The Conference brought together industry leaders, experts and influencers to discuss insights and opportunities for a future of...
Romanians welcome spring on March 1 with the centuries-old tradition of mărțișor, a red-and-white trinket symbolizing luck and continuity. To mark the occasion, Patricia Furstenberg, a Romanian-born author in South Africa and a Romania-insider.com reader, shares a story that “blends atmospheric storytelling with the deep-rooted symbolism of mărțișor, exploring how a simple string can carry the […]
The United States Department of Defense recently published a notice of intent regarding a government tender for the construction of special telecommunications links between the missile defense base at Deveselu, in Romania, and other bases in Europe. The project seeks to link Deveselu and bases in Italy and Germany. The former concerns the facilities in […]
