Non-residents' direct investment in Romania totalled EUR 1,229 million (compared with EUR 1,345 million in January - February 2023), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 1,105 million and EUR 124 million, respectively. according to data published on Friday by the National Bank of Romania (BNR).The number of companies running on foreign capital newly established in Romania decreased in the first two months of 2024 by 8.3%, y-o-y, to 1,084 companies, according to data with the National Companies Registry Office (ONRC).The more than 1,084 start-ups had a subscribed share capital totalling USD 5.866 million, up 5.4% over USD 5.564 million in January-February 2023.In February 2024, 603 companies on foreign capital were registered (down 14.2 y-o-y), of a subscribed capital of RON 2.908 million (down 10.7%). Most of the start-ups operated in wholesale and retail trade, auto and motorcycle repair (25.97 of the total), professional, administrative, scientific and technical activities (21.06% of the total) and transport, storage and communication (17.25%).At the end of February 2024, there were 252,310 companies running on foreign capital in Romania. The value of the subscribed capital stood at almost USD 70.178 billion.The largest number of companies running on foreign capital was opened by investors from Italy, namely 52,901 (subscribed capital of USD 3.418 billion), but the largest value of the share capital belongs to Dutch companies, USD 13.053 billion in 6,117 companies.
Radisson Blu Hotel, Bucharest, Romania’s largest five-star hospitality complex and a flagship property within the Radisson Hotels portfolio, has been recognized with multiple international and national awards, underscoring its continued commitment to excellence, innovation, and guest satisfaction. At the 32nd Annual World Travel Awards – Europe Gala Ceremony, held in Sardinia, Italy, Radisson Blu Hotel, […]
The public is invited to discover a spectacular festive concept inspired by the charm of the Victorian era Corinthia Grand Hotel du Boulevard will officially start the winter holiday season, lighting up Bucharest’s first Christmas decorations on 24 November at 7:00 PM, symbolically marking the opening scene of the city’s festive celebrations. The hotel transforms into […]
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
