The number of newly established companies running on foreign capital in Romania increased in January 2024 by 0.4%, compared to the same period in 2023, to 481 units, according to data centralized by the National Trade Register Office (ONRC).The 481 new companies had a total subscribed share capital of USD 2.958 million, up 28.1% from the subscribed capital of companies registered in January 2023, of USD 2.309 million.By fields of activity, most registrations were in wholesale and retail trade, auto and motorcycle repair (25.99% of the total), professional, administrative, scientific and technical activities (19.13% of the total) and transportation, warehousing and communications (16.42%).At the end of January 2024, there were 251,707 companies in Romania running on foreign capital. The value of subscribed capital stood at almost USD 70.092 billion.The highest number of companies running on foreign capital had investors from Italy, namely 52,818 (subscribed capital of USD 3.346 billion), but the highest value of share capital belonged to Dutch companies, namely USD 13.019 billion, in 6,098 companies.
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
Picture your ideal event - a special gathering that’s personal, elegant, and deeply memorable. Now imagine achieving this effortlessly, in a location meaningful to you, anywhere in Bucharest. JW Marriott Bucharest Grand Hotel brings its celebrated five-star hospitality beyond traditional boundaries, making truly refined occasions possible wherever your imagination takes you. At the heart of […]
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
