The direct investments of non-residents (FDI) in Romania increased by 186.44 pct in the first 11 months of 2021, to 6.866 billion euros, compared to 2.397 billion euros between January and November 2020, according to data from the National Bank of Romania (BNR), submitted on Thursday ."The direct investments of non-residents in Romania amounted to 6.866 billion euros (compared to 2.397 billion euros in the period January - November 2020), of which the equity participations (including the estimated net reinvested profit) amounted to 5.499 million euros, and the intragroup loans recorded a net value of 1.367 million euros," the BNR data said.The number of companies with foreign capital newly established in Romania increased, in the first 11 months of 2021, by 42.2 pct, compared to the same period in 2020, to 5,284 units, according to the data centralized by the National Trade Register Office (ONRC).The 5,284 new companies had a total subscribed share capital of USD 41.109 million, 107.3 pct higher than that of the companies registered in January - November 2020, of USD 19,828 million.In November 2021, 558 companies with foreign participation in the capital were registered. Depending on the business, most registrations were registered in wholesale and retail trade, cars and motorcycles repairs (28.32 pct of the total), professional, administrative, scientific and technical activities (21.15 pct) and construction (12.37 pct).At the end of November 2021, in Romania there were 236,260 companies with foreign participation in the share capital with a value of the subscribed capital standing at USD 64.354 billion.The largest number of companies with foreign participation was with investors from Italy, respectively 50,517 (subscribed capital of USD 3.902 billion), but the highest value of the share capital belongs to Dutch firms, respectively USD 12.441 billion, in 5,656 companies.
A lynx that had fallen into a well near Romania's Parângul Mare peak was rescued by mountain rescuers from Gorj County, who descended approximately 15 meters to retrieve the animal. After sedating the animal, the rescuers descended into the well, immobilized it, and brought it to the surface. The lynx was unharmed and was subsequently […]
The Romanian Gymnastics Federation announced on Wednesday, January 8, that athletes Ana Maria Bărbosu and Lilia Cosman will continue their studies in the United States. Bărbosu, 18, has been admitted to Stanford University, while Lilia Cosman, 17, will attend Michigan State University. Federation officials discussed the gymnasts’ training schedules and objectives with representatives from the […]
Authorities in Arad, western Romania, apprehended the first two migrants attempting to leave the country illegally after Romania’s full accession to the Schengen Area. The individuals, citizens of Sri Lanka and Bangladesh, were found traveling on a bus heading to Germany. The two were uncovered after a random inspection by border police officers from the […]
Low-cost carrier Wizz Air said it would resume flights to Tel Aviv from Bucharest and Iași. Tickets can already be booked online via the airline’s website and app. Flights from Bucharest to Tel Aviv will be resumed on January 15, and from Iași starting March 25, the company announced. From Bucharest, flights will be operated […]
Starting in February, Dr. Beatrice Mahler, Associate Professor, will teach the first optional course on Narrative Medicine and Clinical Doctor-Patient Communication at the Carol Davila University of Medicine and Pharmacy in Bucharest, Agerpres reported. The course aims to rebuild trust between patients and...
Romania’s ailing state airline Tarom was recently ranked among the worst in the world by AirHelp, a company that specializes in obtaining compensation from airlines. The ranking, however, does not provide a complete methodology and includes a low number of airlines. Tarom appears along airlines such as Tunisair (Tunisia), Buzz (Poland), Nouvelair (Tunisia), Bulgaria Air […]
