As many as 29.2 percent of the total number of employees in enterprises active in 2022 were working in enterprises owned by foreign-controlled multinational groups, shows data released on Monday by the National Institute of Statistics (INS).In the reporting year, 21.7 percent of the total number of employees were active in multinational enterprise groups controlled from the top 10 countries in the ranking, the INS release shows.By the share of the workforce employed, the enterprise subgroups controlled by legal entities or individuals from Germany top the ranking (18.1 percent), followed by those controlled from France (11.2 percent), and those controlled from the United States of America (9.3 percent).By the share of the workforce employed in the total of foreign-controlled multinational company groups, the subgroups of enterprises controlled from Germany dominate the sectors Manufacturing (9.3 pct), Wholesale and retail trade; Repair of motor vehicles and motorcycles (3.3 pct), and Professional, scientific and technical activities (2.9 pct).In the subgroups of enterprises controlled from France, 4.5 percent of employees are in the Manufacturing industry, 2.3 percent work in Wholesale and Retail Trade; Repair of motor vehicles and motorcycles, and 1.4 percent work in Information and communications.Enterprise subgroups controlled from the United States of America have the most employees in the Manufacturing industry (3.8 pct), and Information and communications (2.8 pct).In Romania, 96,705 enterprise groups were identified in 2022, of which 6,036 resident enterprise groups and 90,669 multinational enterprise groups (606 domestically-controlled, and 90,063 controlled from abroad).More than 6 percent of the total groups of enterprises identified nationwide were resident (6,036 groups).Of the total number of foreign-controlled multinational enterprise groups identified in Romania, 14,553 are controlled by foreign legal entities, and 75,510 are controlled by foreign individuals.In 2022, the distribution of the groups of enterprises in Romania by economic activities shows that most of them were operating in: Wholesale and retail trade; Repair of motor vehicles and motorcycles - 32 percent of the total group of enterprises; Construction - 12 percent of the total; Professional, scientific and technical activities - 10 percent of the total; Manufacturing - 10 percent of the total; Real estate transactions - 8 percent of the total.Resident enterprise groups are mainly active in Wholesale and retail trade; Repair of motor vehicles and motorcycles - 18 percent; Construction - 11 percent; Professional, scientific and technical activities - 11 percent; Manufacturing industry - 10 percent; Other service activities - 8 percent.
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption. The original post highlighted that the Craiova Christmas Market was taking place in a safe environment. "No concrete barriers. No armed guards. No […]
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said. The new building will […]
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, […]
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
