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.
The first exhibition dedicated to the bestiary imaginary in Romanian culture, Vampires and Werewolves, curated by Cristian Vechiu, can be seen at Art Safari from October 31 to November 17, at the Dacia-Romania Palace in Bucharest. The exhibition will feature ancient traditions and customs, full moon nights, fantastic creatures of the darkness, and chilling legends. […]
Romania will switch to winter time this weekend, on the night of October 26 to 27 (Saturday to Sunday), when the clocks will go back one hour. This means that 4:00 AM on Sunday will become 3:00 AM. A recent study revealed, however, that half of Romanians see the time change as unnecessary, and most are […]
The sectors of IT & Technology and Retail stand out as the most attractive for Romanian professionals, while the salary remains the main driver, according to the Most Wanted Employers 2024 study conducted by research agency MKOR. IT & Technology dominates preferences with 18% of options and attracts not only IT professionals but also financial […]
Romania will host UNESCO’s 32nd World Press Freedom Day Conference in May of next year, the government announced. The event is set to take place in Bucharest on May 5-7. “Proud to announce that Romania will host the 32nd edition of the UNESCO Conference dedicated to the World Press Freedom Day in Bucharest, between May 5-7, […]
Romania’s Electromontaj Group announced a new partnership on the European market with the Polish national electricity transmission operator, Polskie Sieci Elektroenergetyczne, for the construction of a new high-voltage line on the territory of Poland. After winning the tender, Electromontaj signed the contract to construct the 400 kV high-voltage overhead line Żydowo Kierzkowo - Pila Krzewina, […]
Cluj-Napoca mayor Emil Boc announced that the Park & Ride facility at the city’s airport will be finalized by the end of the year. Over 800 parking spaces are set to be available, and the investment exceeds EUR 14 million, according to
