The number of newly established companies with foreign capital in Romania increased, in the first ten months of 2022, by 30.7 pct, compared to the similar period in 2021, to 6,175 units, according to the data centralized by the National Trade Registry Office (ONRC).The 6,175 new companies had a subscribed capital in the total amount of 35.060 million dollars, 2.7 pct lower than that of the companies registered between January and October 2021, of 36.028 million dollars.In October 2022, 652 companies with foreign participation in the share capital were registered.By business, the most registrations were registered in September in wholesale and retail trade, car and motorcycle repair (24.69 pct of the total), professional, administrative, scientific and technical activities (21.78 pct), and transport, storage and communications (17.18 pct).At the end of October 2022, there were 243,022 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was 67.162 billion dollars.The largest number of companies with foreign participation was with investors from Italy, respectively 51,579 (subscribed capital of 4.009 billion dollars), but the highest value of social capital belongs to Dutch companies, respectively 12.599 billion dollars, in 5,842 companies.
JTI, one of the world’s largest manufacturers of tobacco and vaping products, established a technological hub in Romania, with about 140 employees currently and considering further expansion. The new center provides business technology solutions, data and analytics, software engineering, cyber security, and infrastructure & operations. The experts in Bucharest provide information technology support for all […]
Elena Lasconi, the president of the opposition party USR, said that she is working with her colleagues on drafting a no-confidence motion against the government headed by Social Democrat leader Marcel Ciolacu. She also urged the Liberals and their president, Nicolae Ciucă, to back USR's action. "I met thousands of soldiers, I have also been […]
American basketball player Marie Tyra Whitehead, aged 26, was found dead in the apartment where she lived, according to an announcement by Romanian basketball club CSM Târgoviște. Authorities stated that initial examinations revealed marks consistent with hanging on the athlete’s body, but the police are continuing their investigation to determine the exact circumstances of her […]
Romanian MEP Diana Șoșoacă was penalized for disrupting a session of the European Parliament in July of this year. She will be unable to participate in the Parliament's plenary session for seven days, during which time her daily allowance will be withheld, MEP Sigfried Mureșan announced. Back in July, the fiery far-right politician Diana Șoșoacă
Artificial intelligence (AI) technology is becoming increasingly popular in companies in Romania. According to a recent study by the consulting company VUCAMIX, 86% of companies in the local market have already adopted AI, in various forms. However, in 40% of cases, it was the personal initiative of the employees, not a company decision. The study […]
Bringo, the first brand to bring grocery delivery services to Romania, together with Carrefour Romania, announces a new and innovative feature: the collection of refundable packaging as part of the Deposit Return System - SGR for orders placed from Carrefour hypermarkets. This partnership promotes responsible shopping and continues the e-grocery advancements led by the two […]
