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.
Marius Lulea, vice president of the far-right Alliance for the Union of Romanians (AUR), publicly praised former Communist dictator Nicolae Ceaușescu, drawing condemnation from historians and legal experts for promoting a convicted criminal against humanity,
The Party of European Socialists (PES) and the Socialists and Democrats group in the European Parliament (S&D) stated on May 12 their firm position...
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well. The National Bank of Romania […]
