Non-residents' direct investments in Romania in the first nine months of 2024 totalled EUR 5,362 million, up 3.69% from the EUR 5,171 million in the similar period one year before, the National Bank of Romania (BNR) informs in a press release sent on Wednesday."Non-residents' direct investments in Romania totalled EUR 5,362 million (compared with EUR 5,171 million in January - September 2023), of which equity (including the estimated reinvestment of earnings) and intercompany lending recorded net values of EUR 4,288 million and EUR 1,074 million, respectively," the release reads.A total of 4,392 companies running on foreign capital were established in Romania in the first nine months of 2024, marking a 16.22% decrease compared to the same period in 2023, according to data compiled by the National Trade Registry Office (ONRC).These 4,392 new companies had a total subscribed share capital of 16.902 million dollars, down by 85.44% compared to the subscribed capital of firms registered in the first nine months of 2023, which amounted to 116.079 million dollars.In September 2024, 428 companies with foreign participation were registered (-29.26% compared to the same month in 2023), with a subscribed capital of 161,200 dollars (-98.08%). In terms of business sectors, the largest number of registrations were in wholesale and retail trade, and auto and motorcycle repair (37.85% of the total), professional, administrative, scientific, and technical activities (17.29% of the total), and transport, storage, and communications (16.12%).At the end of September 2024, there were 269,386 companies with foreign participation in the social capital in Romania. The value of the subscribed capital was over 71.526 billion dollars.The highest number of foreign capital companies was from Italy, with 53,411 companies (subscribed capital of 3.644 billion dollars), but the largest share capital belonged to Dutch companies, with 13.114 billion dollars in 6,186 firms.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
