The number of companies with foreign capital newly established in Romania decreased last year by 4.86%, compared to 2022, to 7,010 units, according to data centralized by the National Trade Register Office (ONRC). The more than 7,000 new companies had a subscribed capital in the total amount of 125.66 million dollars, increasing almost three times compared to the subscribed capital of companies registered in the period January-December 2022, of 45.56 million dollars. In December 2023, 563 new companies with foreign participation in the share capital were registered. Depending on the fields of activity, the most registrations were registered in wholesale and retail trade, car and motorcycle repair (22.38% of the total), professional, administrative, scientific and technical activities (22.02% of the total) and transport, storage and communications (15.99%). At the end of December 2023, there were 251,226 companies with foreign participation in the share capital in Romania. The value of the subscribed capital was almost 69.84 billion dollars. The largest number of companies with foreign participation was with investors from Italy, respectively 52,756 (subscribed capital of 3.31 billion dollars), but the highest value of the share capital belongs to Dutch companies, respectively 13.008 billion dollars, in 6,084 companies.
Travelers planning to take advantage of Romania’s inclusion in the Visa Waiver program will have to pay around EUR 250 for a one-way plane ticket to the United States. Romania was formally designated the 43rd country to join the US Visa Waiver Program (VWP) on Friday, January 10. As a result, Romanians will...
Prime minister Marcel Ciolacu, the leader of the ruling Social Democratic Party (PSD), announced plans to initiate a legislative project for Romania's administrative and territorial reorganization during the parliamentary session set to begin in February. Speaking at the PSD headquarters on Monday, January 13, Ciolacu revealed that a dedicated working group has been established to […]
The Romanian Cultural Institute (ICR) is organizing through its branches abroad a series of events "celebrating prominent figures of Romanian arts and culture" to mark the National Day of Culture, celebrated every year in Romania and the Republic of Moldova on January 15. It coincides with the birth date of the national poet Mihai Eminescu […]
Former liberal leader Crin Antonescu (picture, right), the candidate announced by the coalition formed by the Social Democratic Party, the National Liberal Party, and Hungarian minority party UDMR for the presidential elections, stated that far-right politician Călin Georgescu (picture, left) should be able to run in the upcoming elections. According to the schedule agreed by the […]
The Bucharest Authority for Animal Surveillance and Protection (ASPA) has announced the restart of its free sterilization campaign for common-breed dogs and cats. Starting in January 2025, residents of the capital city can benefit from this initiative aimed at promoting responsible pet ownership and controlling the pet population. For common-breed dogs with owners, sterilizations will […]
Jaqueline Cristian is the first Romanian player to qualify for the second round of the 2025 Australian Open. She claimed a hard-fought victory against Croatia's Petra Martic in the first round on January 13, winning in three sets 6-2, 4-6, 7-6 (10/7). Monday's match lasted two hours and 35 minutes, according to
