Direct investments of non-residents up 14.5pct Jan-Sep

Direct investments of non-residents in Romania totaled 7.265 billion euros in the first nine months of this year, by 14.5pct higher against the 6.344 billion euros recorded over January-September 2021, according to data published on Monday by the National Bank of Romania (BNR).

"The direct investments of non-residents in Romania amounted to 7.265 billion euros (compared to 6.344 billion euros in the period January - September 2021), of which equity investments (including the estimated net reinvested profit) totaled a net value of 6.002 billion euros, and intragroup loans registered a net value of 1.263 billion euros," reads the central bank's press release.

The number of newly established companies running on foreign capital in Romania increased, in the first nine months of 2022, by 32.6pct, compared to the similar period in 2021, up to 5,523 units, according to data centralized by the National Trade Registry Office (ONRC).

The 5,523 newly established companies had a subscribed capital totalling 31.027 million US dollars, by 6.2pct lower than that of the companies recorded between January and September 2021, of 33.072 million US dollars.

In September 2022, 692 companies running on foreign capital were registered.

By field of activity, the most registrations were seen in September in wholesale and retail trade, car and motorcycle repair (26.73pct of the total), professional, administrative, scientific and technical activities (21.82pct ), and transport, storage and communications (18.35pct).

At the end of September 2022, there were 242,370 companies running on foreign capital in Romania. The value of the subscribed capital was 67.005 billion US dollars.

The largest number of companies running on foreign capital was with investors from Italy, respectively 51,476 (subscribed capital of 4.015 billion US dollars), but the highest value of social capital belongs to Dutch companies, respectively 12.574 billion US dollars, in 5,833 companies.