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.
Romania’s modern retail market has surpassed 5 million square metres of leasable space for the first time, following the delivery of roughly 190,000 sqm in 2025, according to new data released by Colliers. Despite the milestone, consultants noted that Romania still trails regional peers in retail space per capita, signalling strong potential for further development. […]
Environment minister Diana Buzoianu said during an interview on Thursday, December 4, that she will not resign following the interruption of the drinking water supply in several localities in Prahova and Dâmboviţa counties, which has been affecting over 100,000 people, as well as hospitals and schools. She argued that the ministry she heads bears no […]
Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
