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.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
