The number of start-ups established on foreign capital in Romania increased in the first two months of 2022 by 21.7%, y-o-y, to 977, according to data with the National Companies Registry Office (ONRC).The 977 new companies had a total subscribed share capital of 4.666 million US dollars, down 57.4% from 10.94 million US dollars in January-February 2021.In February 2022, 537 companies with foreign participation in the share capital were registered. Most registrants were dealing in professional, administrative, scientific and technical activities (26.07%), in wholesale and retail trade, motor vehicle and motorcycle repair (23.09% of the total), and transport, storage and communications (14.34%).At the end of February 2022, there were 237,824 companies running on foreign capital in Romania. The value of the subscribed capital was 66.183 billion US dollars.The largest number of companies running on foreign capital in Romania involved investors from Italy, 50,793 and a subscribed capital of 3.943 billion US dollars, but the highest value of the share capital belongs to Dutch companies, 12.376 billion US dollars in 5,711 companies.
MedLife achieved a Pro forma consolidated turnover of RON 2.76 billion in 2024, up 25% compared to 2023, moreover, recording in the last five years increases in turnover of over 20%. Despite the growth and consolidation of its leading position, the company navigated cautiously last year, taking into account the increase in debt and the […]
At Café Athenée, a timeless noble tradition comes to life with the Afternoon Tea Experience, now available every day from 3:00 to 6:00 PM, upon reservations made at least 24 hours in advance. Guests can indulge in a selection of finely crafted pastries, delicate finger sandwiches and premium teas, curated to create a truly elegant […]
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts solid preliminary results for 2024 – a consolidated turnover of RON 412 million (EUR 83 mln), 2% above the revenue and expense budget revised in Q3 2024, EBITDA of RON 60 million (EUR 12 mln), +11% compared to the […]
A new study by Go Voyager has ranked Romania as the most dangerous country in the European Union (EU) to rent a car, mainly due to its poor road infrastructure, which translates into higher risks of getting into a car accident. On the opposite end, France ranks as the best country for car rentals due to […]
Accelerated growth of BCR's business in 2024. An 11% increase in net assets, a 19.2% rise in net profit, 15.6% higher operating revenues, and a 19.3% growth in operating result, all driven by a significantly higher business volume with clients. Financing the economy. Over 6,500 companies, supporting approximately 280,000 jobs, were financed by BCR in […]
Romanian police announced they recovered a stolen bronze statue by French sculptor Emile-Antoine Bourdelle, valued at approximately EUR 15,000. The artwork was taken from France in 2018 and surfaced in Constanța, where officers from the Criminal Investigations Directorate intercepted an attempt to sell it. On February 27, 2025, acting on intelligence...
