Non-residents' direct investment in Romania, down 8.62pct, two months into 2024

Non-residents' direct investment in Romania totalled EUR 1,229 million (compared with EUR 1,345 million in January - February 2023), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 1,105 million and EUR 124 million, respectively. according to data published on Friday by the National Bank of Romania (BNR).

The number of companies running on foreign capital newly established in Romania decreased in the first two months of 2024 by 8.3%, y-o-y, to 1,084 companies, according to data with the National Companies Registry Office (ONRC).

The more than 1,084 start-ups had a subscribed share capital totalling USD 5.866 million, up 5.4% over USD 5.564 million in January-February 2023.

In February 2024, 603 companies on foreign capital were registered (down 14.2 y-o-y), of a subscribed capital of RON 2.908 million (down 10.7%). Most of the start-ups operated in wholesale and retail trade, auto and motorcycle repair (25.97 of the total), professional, administrative, scientific and technical activities (21.06% of the total) and transport, storage and communication (17.25%).

At the end of February 2024, there were 252,310 companies running on foreign capital in Romania. The value of the subscribed capital stood at almost USD 70.178 billion.

The largest number of companies running on foreign capital was opened by investors from Italy, namely 52,901 (subscribed capital of USD 3.418 billion), but the largest value of the share capital belongs to Dutch companies, USD 13.053 billion in 6,117 companies.

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