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ONRC: 1,711 newly set up foreign capital companies registered in first four months of 2021

 The number of newly set up foreign capital companies in Romania increased in the first four months of 2021 by 32.84 pct, from the same period of the year before, to 1,711 units, according to data centralized by the National Trade Register Office (ONRC).

The 1,711 new companies had a paid up share capital of 20.326 million US dollars, nine times higher than that of the companies registered in January-April 2020, of 2.145 million dollars.

By field, most of the newly registered companies in February 2021 were in wholesale and retail trade, car and motorcycle repair (29.68 pct of the total), professional, administrative, scientific and technical activities (22.32 pct) and transport, storage and communications (15.16 pct).

At the end of April 2021, in Romania there were 232,687 companies running on foreign share capital. The paid up share capital amounted to 64.049 billion US dollars.

Most foreign capital companies - specifically 49,901- run on Italian capital (3.858 billion US dollars paid up capital), but the most sizable foreign capital comes from the Netherlands, specifically 12.679 billion US dollars contributed to 5,572 companies.