Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Foreign-controlled multinational groups employing almost 30 pct of...

Foreign-controlled multinational groups employing almost 30 pct of year of 2022 Romanian workforce

May 28, 2024

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.

Read in full - click here
Unidentified man stole three amputated legs from Bucharest hospital, one still missing

On Monday, January 13, officials at the Cantacuzino Hospital in Bucharest alerted police that a man stole three amputated legs from the storage area. While two were later found, the third is still missing. The incident took place three days prior, on January 10, and was captured by surveillance cameras. Images published by Euronews Romania […]

Former Romanian president, PM charged again with crimes against humanity in 1990 miners’ riot case

The General Prosecutor's Office announced on Wednesday, January 15, that criminal prosecution has been initiated again against former president Ion Iliescu and ex-prime minister Petre Roman in the case targeting the violent crackdown of the protests in Bucharest's University Square on June 13-15, 1990, also known as the Mineriada (miners' riot). The two are facing […]

Survey: Majority of Romanian employees aim to change jobs in the next 6 months

Approximately 62% of employees in Romania intend to change their workplace in the next six months largely due to financial reasons, according to a survey conducted by the online recruitment platform Bestjobs. Approximately 48% of respondents intend to change their workplace because they want a better salary, 13% due to a lack of professional development […]

Roborock launches Roborock Qrevo Curv, the next generation of smart home cleaning with AI technology and pet-friendly features

Roborock, a global leader in intelligent cleaning solutions, announces the launch of its latest innovation, the Roborock Qrevo Curv, a state-of-the-art robot vacuum and mop designed to redefine home cleaning. This revolutionary product combines cutting-edge technology with an innovative cleaning system to offer an unparalleled cleaning experience for consumers. "Roborock Qrevo Curv represents a new […]

Bucharest will adopt ‘Icelandic model’ to prevent drug use among youths, mayor says

Bucharest mayor Nicușor Dan announced that his administration will draw inspiration from the Icelandic model to combat and prevent drug use among young people.  The mayor also stated that building a medical facility dedicated to those struggling with addiction is being considered, using spaces belonging to Colentina or Obregia hospitals.  “As Bucharest residents decided through a […]

Watch: Romanian firefighters rescue young deer from icy water

A young deer trapped in the icy waters of a pond near Fălticeni, Suceava county, was recently saved by a team of firefighters.  According to the Emergency Situations Inspectorate, which shared a short video of the rescue mission, the fawn had attempted to cross the frozen pond, but the thin ice cracked beneath its weight, […]