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Start-ups on foreign capital decline 37pct seven months into 2020

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The number of start-ups running on foreign capital in Romania decreased in the first seven months of 2020 by 37%, y-o-y, to 2,110 according to data with the (ONRC). The 2,110 new companies had a subscribed share capital of 4.574 million US dollars in all, down 66.3% from January-July 2019.

As of July 31, 2020, the largest number of companies on foreign capital was run by Italian investors, namely 49,286, with 3.854 billion US dollars in subscribed capital, but the largest value of share capital belongs to Dutch companies, 12.764 billion US dollar in 5,470…

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