The net foreign direct investments (FDI) to Romania contracted by 53% y/y to EUR 538 million in January, resulting in a total of EUR 5.1 billion (-28% y/y) in 12 months to the end of the month, according to data published by the central bank BNR.
Out of the FDI in the 12 months to January, only EUR 349 was new equity, with the bulk of it being formed by reinvested earnings (EUR 4.0 billion) and partly loans to FDI companies from parent groups (EUR 753 million).
The stock of FDI...
Investors in Romania are interested in technology companies, cryptocurrency assets, US Treasuries and niche sectors, complemented by ETFs with a focus on diversification, technology and high-yield bonds, according to an analysis by the trading platform Freedom24. Top picks included NVIDIA, a global leader in GPUs, Taiwan Semiconductor, the world’s largest chip manufacturer, and Microsoft. Tesla […]
For the fourth consecutive year, the Embassy of Romania in Washington, DC, organizes a series of events dedicated to the anniversary of the Strategic Partnership between Romania and the United States of America between July 7–13. Launched on July 11, 1997, on the occasion of US president Bill Clinton’s visit to Bucharest, the Strategic Partnership […]
AUR leader George Simion announced on Monday, July 7, that his party intends to submit a no-confidence motion against the government led by Liberal prime minister Ilie Bolojan. The announcement came the same day the Executive was scheduled to assume responsibility in Parliament for its first fiscal package, which includes a VAT increase, among others. […]
The former head of the National Environmental Guard, Octavian Berceanu, is set to run for mayor of Bucharest, backed by the REPER party. Berceanu, who gained notoriety for being tough on environmental rules, says he aims to make Bucharest “a breathable city, with green spaces, quality drinking water, and clean, civilized streets,” according to News.ro. […]
JW Marriott Bucharest Grand Hotel is proud to present the outside catering services, designed to bring gourmet dining and flawless event execution to any outdoor venue across the city. Whether you are hosting a corporate gathering, a social celebration, or a large-scale conference, our dedicated team of professionals is ready to deliver an unforgettable culinary […]
Nearly 70% of children aged 10 already own a smartphone, unlocking access to a limitless digital universe 69% of young people aged 9 to 22 spend over 3 hours a day on social media or online gaming—even during school days Parenting expert Maggie Dent: “The digital distraction of devices, laptops, screens and smart phones is […]
