The number of newly established foreign capital companies decreased in the first seven months of the current year by 37%, compared to the similar period in 2019, to 2,110 units, according to data centralized by the National Trade Register Office (ONRC).
The 2,110 new companies had a subscribed share capital in the total amount of 4.574 million US dollars, decreasing by 66.3% compared to January-July 2019.
As of July 31, 2020, the largest number of companies with foreign participation had investors from Italy, respectively 49,286 ($3.854 billion subscribed capital), but the largest value of share capital belongs to Dutch companies, respectively $12.764 billion, in 5,470 of companies, according to Agerpres.
In July, 436 foreign-owned companies were registered, with a subscribed capital of $732,700.
By fields, most of the newly registered companies were active in wholesale and retail trade, car and motorcycle repairs, respectively 31.42% of the total – professional, administrative, scientific and technical activities – 20.87%, and transport, storage and communications – 12.61%.
At the end of July 2020, in Romania there were 229,002 companies with foreign participation in the share capital. The value of the subscribed capital wasof 63.917 billion US dollars.