Foreign direct investment in Romania increased by 9.4% in the first quarter of 2022, to 2.297 billion euros, as against 2.099 billion euros in the first quarter of 2021, according to data with the National Bank of Romania (BNR)."Non-residents' direct investment in Romania totalled EUR 2,297 million (compared with EUR 2,099 million in January - March 2021), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 1,935 million and EUR 362 million, respectively," according to the BNR statement.The number of start-ups running on foreign capital in Romania increased by 32.7% in the first three months of 2022, y-o-y, to 1,640 units, according to data with the National Companies Register Office (ONRC).The 1,640 new companies had a total paid-up share capital of 10.022 million US dollars, 18.6% less than that of the companies registered in January-March 2021, of 12.316 million US dollars.In March 2022, 663 companies with foreign shareholders registered. Most of the new companies were operating in wholesale and retail trade, car and motorcycle repair (23.38% of the total), professional, administrative, scientific and technical activities (21.72%), and transport, storage and communications (15.6%).As of end-March 2022, there were 238,487 companies in Romania running on foreign capital. The value of their paid-up capital was 66.362 billion US dollars.The largest number of such companies - 50,871 (subscribed capital of 3.98 billion US dollars) - had investors from Italy, but the highest value of the share capital belongs to Dutch companies, 12.416 billion US dollars, in 5,734 companies.
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
