Germany, France and the United States of America hold the first three places in the rankings of the countries that control subgroups of enterprises in Romania, reveal the data of the National Institute of Statistics (INS) sent on Friday.According to the quoted source, in Romania, in 2020, 91,217 groups of enterprises were identified, out of which 5,523 groups of resident enterprises and 85,694 groups of multinational enterprises (523 controlled from within, respectively 85,171 controlled from abroad).Out of the total groups of enterprises identified at national level, 5,140 were residents, over 6% of the total groups, of which over 98% were made up of two or more legal units.According to the INS, in 2020, out of the total groups of multinational enterprises controlled from abroad and identified in Romania, 13,852 are controlled by foreign legal entities, and 71,319 are controlled by foreign individuals.In Romania, in 2020, a percentage of 28.6% of the total number of employees in active enterprises worked in enterprises that are part of multinational groups controlled from abroad.In the controlled enterprises from the top 10 countries in 2020 worked 21.4% of the total number of employees in the national economy.In terms of the share of employees, most of the Romanian subgroups of enterprises are controlled by Germany, France and the United States of America.The results of 2020 indicate that, depending on the share of the number of employees, in the first place are the subgroups of companies controlled by legal entities or individuals in Germany (16.5%), in second place are those controlled from France (12.2%), and in third place are those controlled by the United States of America (8.8%).Depending on the share of the total number of employees in groups of multinational controlled enterprises from abroad, the subgroups of controlled enterprises in Germany predominate in section C - Processing industry (8.3%), in section G - Wholesale and retail trade; Repair of motor vehicles and motorcycles (3.0%) and in M - Professional, scientific and technical activities (2.8%).Regarding the subgroups of controlled enterprises in France, 5.3% are found in section C - Processing industry, and 2.6% are found in section G - Wholesale and retail trade; Repair of motor vehicles and motorcycles.Sub-groups of controlled enterprises in the United States of America dominate in section G - Wholesale and retail trade; Repair of motor vehicles and motorcycles (1.8%).
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom. The […]
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County. Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new […]
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year. […]
