| Press Release - Archive
Companies by Foreign
Direct Investment - 28 February
2003
Proceedings in the
Central Trade Register -
28 February 2003
Proceedings in the
Central Trade Register -
31 January 2003
Companies by Foreign
Direct Investment - 31 January 2003
Press Release
- 30 January 2003
New version of
the Activities’ Classification in
the National Economy (CAEN Rev. 1)
- 27 January 2003
Launching "RECOM
online"!
- 20 January
2003
New forms for
company’s incorporation! - 10
January 2003
Important notification!
- 15 October 2003
Companies by Foreign
Direct Investment - 31 December
2002
Companies by Foreign
Direct Investment - 30 November
2002
Proceedings
in the Central Trade Register -
28 February 2003
The statistical synthesis
"Operations in the Central Trade Register"
includes the results of operations recorded
in the Central Trade Register until end
of February 2003, upgraded on the basis
of
data forwarded by the Trade
Register Offices in the counties.
Based on the provisional
data, this paper shows the trend in the
development of the business community in
Romania, whatever the sector of activity,
type of company and origin of the subscribed
capital (local or foreign) is, as result
of operations due to the legislation in
force concerning the trade register, as:
- incorporation of new companies;
- changes in statutory documents of
existing companies;
- liquidation/dissolutions of companies;
- strike-off of companies;
- reissuing of registration certificates
by replacement of old certificates
The present statistical
synthesis does not reveal the operations
concerning companies by foreign direct investment
in particular, but these data are included
in the general data presented hereby.
The following main aspects
are highlighted through this paper:
- In the period December 1990 - February
2003:
- The total number of records in
the trade registers was of 3,065,696,
structured as follows: incorporations
33%, changes in statutory documents
61% and strike-off documents 6%
(Table no. 1.a).
- The structure by years of the
number of incorporations in the
trade registers, as it is showed
in the diagram below, reveals the
fact that around 55% of total incorporations
were registered in the period of
December 1990 – 1995 (Table nr 3).
-
In what concerns
the origin of the issued capital,
in the related period, from the total
of 1,010,907 incorporations, 998,894
(98.81%) are companies registered
by private capital, 3,525 (0.35%)
by majority state capital and the
rest of 8,488 (0.85%) by mixed capital
(state + private).
-
The structure by
type of incorporations during the
same period is the following: 194,817
natural persons tradesman and family
associations, 809,540 companies, 1,256
companies under State supervision
and 5,294 co-operative organisations
(Table no. 5).
- In February 2003:
- The total number of records is
30,867 of which 8,659 are incorporations
(28.05%), 20,985 changes in statutory
documents (67.99%) and 1,223 strike-off
of companies (3.96%). The highest
number of incorporations in February
2003 was registered in Bucharest
Municipality, that is 1,836 incorporations
of new companies (25.9% of total
operations). The number of changes
in statutory documents recorded
in Bucharest Trade Register Office,
in February 2003, was of 5,266 (74.1%
of total operations) (Table no.
7).
- The structure by type of incorporations
in February is the following: 2,095
(24.2%) natural persons tradesman
and family associations, 6,560 (75.8%)
companies and 4 (0.05%) companies
under State supervision (Table no.
9).
-
In what concerns
the origin of the issued capital,
from the total of 8,659 incorporations,
8,462 are companies by private capital,
7 by state capital and 10 by mixed
capital (state + private) (Table no.
8).
-
With regard to
the number of the incorporated companies
and the amount of the subscribed capital,
according to their legal status, 6,464
of the total number of incorporations
are limited liability companies, totalising
141.4 billion ROL (2.2% of the total
capital subscribed in companies) and
85 are joint-stock companies, with
a total amount of 6,387 billion ROL
in subscribed capital, representing
97.8% of the total capital subscribed
in companies (Table no. 12).
The amount of the subscribed
capital in the 6,560 new incorporated companies
is of 6,528.3 billion ROL, that is an average
of 999.6 million ROL per company.
The highest amount of the
subscribed capital is registered in Bucharest
Municipality reaching 6,131.6 billion ROL,
and in Neamţ county reaching 191.9
billion ROL. The average amount of the subscribed
capital per company, in February, varies
a lot from county to county, from 2.0 million
ROL in Caraş Severin county to 3,583,7
million ROL in Bucharest Municipality (Table
no. 11).
- The weight of incorporations of companies
in total operations with the trade registers
reveals the trend in increasing the number
of operations due to changes in statutory
documents. So, if the number of incorporations
was of 64% in total operations during
1994, in 2001 it was 17% only and 28.05%
in February 2003.
The increasing dynamics
of operations concerning changes in statutory
documents, reflects at the same time:
- changes due to the companies’ activity
and related to shareholders, address
of the registered office, and/or sector
of activity, etc.
- investment in capital of existing
companies, sourcing from the registered
profit included and from cession of
shares or reducing of capital, etc.
- the increasing number of records
due to implementation of Law no. 64/1995
republished concerning the procedure
of judiciary reorganisation and bankruptcy
and of Law no. 314/2001 on regulating
the status of some companies.
- The number of reissuing the incorporation
certificates by replacement with the
new registration certificates is significantly
different from county to county. Up
to 28 of February 2003, the highest
rates in reissuing the certificates
were registered in the following counties:
Braşov 53.8%, Brăila 49.5%,
Covasna 47,4% and Constanţa 46.7%.
At country’s level, the average rate
of reissuing of certificates is of 36.5%
(Table no. 2).
- The number of strike-off of companies
during December 1990 – February 2003
is very different by county. The highest
number of strike-off of companies registers
the Bucharest Municipality (63,293 that
is 31.4% of the total number of incorporations).
The following next counties are Constanta
(12,229 and 28.2%) and Timiş (8,327
and 25.4%).
The data and the particular
aspects in this general overview reveals
the significant dimension of the activity
in the trade register offices, in order
to insure the legality and order in functioning
of all types of companies, compulsory by
law to request incorporation with the trade
register before starting any activity and
to request as well to be registered any
changes in statutory documents due to deeds
and actions stipulated by law to be registered,
during the lifetime of the company and in
the end of activity.
Proceedings
in the Central Trade Register -
31 January 2003
The statistical synthesis
"Operations in the Central Trade Register"
includes the results of operations recorded
in the Central Trade Register until end
of January 2003, upgraded on the basis of
data forwarded by the Trade Register Offices
in the counties.
Based on the provisional
data, this paper shows the trend in the
development of the business community in
Romania, whatever the sector of activity,
type of company and origin of the subscribed
capital (local or foreign) is, as result
of operations due to the legislation in
force concerning the trade register, as:
- incorporation of new companies;
- changes in statutory documents of
existing companies;
- liquidation/dissolutions of companies;
- strike-off of companies;
- reissuing of registration certificates
by replacement of old certificates
The present statistical
synthesis does not reveal the operations
concerning companies by foreign direct investment
in particular, but these data are included
in the general data presented hereby.
The following main aspects
are highlighted through this paper:
- In the period December 1990 - January
2003:
- The total number of records in
the trade registers was of 3,034,829,
structured as follows: incorporations
33%, changes in statutory documents
61% and strike-off documents 6%
(Table no. 1.a).
- The structure by years of the
number of incorporations in the
trade registers, as it is showed
in the diagram below, reveals the
fact that around 55% of total incorporations
were registered in the period of
December 1990 – 1995 (Table nr 3).
-
In what concerns
the origin of the issued capital,
in the related period, from the total
of 1,002,248 incorporations, 990,252
(98.8%) are companies registered by
private capital, 3,518 (0.35%) by
majority state capital and the rest
of 8,478 (0.85%) by mixed capital
(state + private).
-
The structure by
type of companies incorporated during
the same period is the following:
192,722 natural persons tradesman
and family associations, 802,980 companies,
1,252 companies under State supervision
and 5,294 co-operative organisations
(Table no. 5).
-
In January 2003,
6,706 new companies were incorporated
representing 0.7% of total incorporations
in the period December 1990 - January
2003.
- In January 2003:
- The total number of records is
26,471 of which 6,706 are incorporations
(25.3%), 18,781 changes in statutory
documents (70.9%) and 984 strike-off
of companies (3.7%). The highest
number of incorporations in January
2003 was registered in Bucharest
Municipality, that is 1,445 incorporations
of new companies (24% of total operations).
The number of changes in statutory
documents recorded in Bucharest
Trade Register Office, in January
2003, was of 4,504 (74.9% of total
operations) and the number of strike-off
of companies was of 62 (1% of total
operations) (Table no. 7).
- The structure by type of companies
incorporated in January is the following:
1,515 (22.6%) natural persons tradesman
and family associations, 5,188 (77.4%)
companies and 3 (0.04%) companies
under State supervision (Table no.
9).
-
In what concerns
the origin of the issued capital,
from the total of 6,706 incorporations,
6,700 are companies by private capital,
5 by state capital and 1 by mixed
capital (state + private) (Table no.
8).
-
With regard to
the number of the incorporated companies
and the amount of the subscribed capital,
according to their legal status, 5,109
of the total number of incorporations
are limited liability companies, totalising
130.9 billion ROL (97.4% of the total
capital subscribed in companies) and
75 are joint-stock companies, with
a total amount of 3.5 billion ROL
in subscribed capital, representing
2.6% of the total capital subscribed
in companies (Table nr 12).
The amount of the subscribed
capital in the 5,188 new incorporated companies
is of 134.4 billion ROL, that is an average
of 26 million ROL per company.
The highest amount of the
subscribed capital is registered in Bucharest
Municipality reaching 70.7 billion ROL,
and in Brăila county reaching 12 billion
ROL. The average amount of the subscribed
capital per company, in January, varies
a lot from county to county, from 2.0 million
ROL in Covasna county to 143.3 million ROL
in Brăila county (Table no. 11).
- The weight of incorporations of companies
in total operations with the trade registers
reveals the trend in increasing the number
of operations due to changes in statutory
documents. So, if the number of incorporations
was of 64% in total operations during
1994, in 2001 it was 17% only and 25.3%
in January 2003.
The increasing dynamics
of operations concerning changes in statutory
documents, reflects at the same time:
- changes due to the companies’ activity
and related to shareholders, address
of the registered office, and/or sector
of activity, etc.
- investment in capital of existing
companies, sourcing from the registered
profit included and from cession of
shares or reducing of capital, etc.
- the increasing number of records
due to implementation of Law no. 64/1995
republished concerning the procedure
of judiciary reorganisation and bankruptcy
and of Law no. 314/2001 on regulating
the status of some companies.
- The number of reissuing the incorporation
certificates by replacement with the
new registration certificates is significantly
different from county to county. Up
to 31 January 2003, the highest rates
in reissuing the certificates were registered
in the following counties: Braşov
50.8%, Brăila 47.8%, Constanţa
45.8% and Cluj 45.4%. At country’s level,
the average rate of reissuing of certificates
is of 35.4% (Table no. 2).
- The number of strike-off of companies
during December 1990 – January 2003
is very different by county. The highest
number of strike-off of companies registers
the Bucharest Municipality (63,293 that
is 31.6% of the total number of incorporations).
The following next counties are Constanta
(12,199 and 28.4%) and Timis (8,321
and 25.7%).
The data and the particular
aspects in this general overview reveals
the significant dimension of the activity
in the trade register offices, in order
to insure the legality and order in functioning
of all types of companies, compulsory by
law to request incorporation with the trade
register before starting any activity and
to request as well to be registered any
changes in statutory documents due to deeds
and actions stipulated by law to be registered,
during the lifetime of the company and in
the end of activity.
Companies
by Foreign Direct Investment - 28 February
2003
"Companies by foreign
direct investment" is a statistical
synthesis including the results of the records
operated with the Central Trade Register
during February 2003, as well as their trend.
The paper reveals the involvement
of the foreign direct investment in the
investment process in Romania, considering
the records being centralised by NTRO and
concerning:
- incorporation of companies by foreign
direct investment
- other statutory documents on the
capital subscribed by the non-residents
in already active companies (increasing
or decreasing the issued capital,
by cession)
- strike-off of companies by foreign
direct investment
The following main aspects
may be spotlighted based on the data presented
in this paper:
- the balance account for the foreign
investment at 28st February
2003, following the records due to the
period of December 1990 - February 28,
2003, includes:
- the total number of companies being
of 92,088 of which 624 being incorporated
during February 2003;
- the issued capital subscribed by
the foreign investors being of 9.3
billions USD (8.6 billion EUR), in
total amount.
-
Considering the trends
and the different tendencies from country
to country regarding the classification
by country of origin of the total foreign
direct investment for the period 1991
- 2003 (February) the first places are
awarded to: Netherlands (1 place, 17.2%
of the foreign investments by equivalent
of currency), Germany (2 place, with
9.9%), USA (3 place, with 7,8%), France
(4 place, with 7.3%) and Austria (5
place, with 6.2%).
- The balance account of the foreign
investments by equivalent of currency
in 2003, February 28, is with 39.3
million USD (36.4 million EUR) higher
than in the end of January 2003. The
monthly trend related to the foreign
investments in Romania registers fluctuations
with regard to the number of companies
and the subscribed capital, as well.
- The structure upon the sector of
activity of the companies by foreign
direct investment, incorporated during
1991 - February 2003, shows the preference
of investors for the commercial activities.
Companies declaring in the statutory
documents the intention to develop
mainly commercial activities represent
54.9% of the total number of companies
by foreign direct investments. The
top of preferences continues with
the industrial sector (18.8%), services
(11.3%), tourism (4.4%) and agriculture
(4.1%).
The structure upon the
main sector of activity related to that
upon the number of companies by foreign
direct investment reveals that 53.8% of
the total subscribed capital was invested
in industry, 16.6% in services and 15.6%
in commerce.
- According to the records of February
2003, the following main results are
to be mentioned:
- At country’s level, 624 new companies
by foreign direct investment were
incorporated, amounting to a total
capital of 5.8 million USD, in equivalent
of currency. This month, the records
by territoriality criteria indicate
on the first places, according to
the amount in equivalent of currency
of the capital subscribed in new companies,
Bucharest Municipality with 3.9 million
USD (3.6 million EUR) capital and
257 new companies, Ilfov county with
a capital of 847.7 thousand USD (785.8
million EUR) and 23 new companies,
and Prahova county with a capital
of 563.3 thousand USD (522.3 thousand
EUR) and 20 new incorporated companies.
In what concerns the subscribed capital
in equivalent of currency, for new
companies by foreign direct investment,
the records of February 2003 are lower
than in February 2002. Under these
conditions of different trends regarding
the number of companies by foreign
direct investment and the amount of
the subscribed capital, the average
amount of the subscribed capital,
in equivalent of currency, per unit,
was of 9.3 thousand USD in February
2003 compared to 12.3 thousand USD
in February 2002.
The highest number of companies
by foreign direct investment (280 companies)
was incorporated during February 2003, in
the Bucharest-Ilfov region. In February,
the regions ranking upon the investors’
preferences were the following: West (88
companies) and North-West (73 companies).
According to the amount of the subscribed
capital for new companies, the first place
is awarded to Bucharest-Ilfov region registering
4.7 million USD.
- A specific phenomena of February
2003 is concerning the relatively
high increase in the subscribed capital
of companies by foreign direct investment,
according to the records in the trade
register, namely: 100 million USD
(92.6 million EUR) in equivalent of
currency, within 536 already existing
companies. The changes in the companies’
capital by increasing the amount,
prevails within the total foreign
investments in capital during February
2003, especially in Galati county
reaching 41.3 million USD (38.3 million
EUR), Bucharest Municipality amounting
to 39 million USD (36.2 million EUR),
in Olt county where investments of
5 million USD (4.6 million EUR) were
recorded and Cluj with 4.1 million
USD (3.8 million EUR). In Alba, Botosani,
Buzau, Salaj and Teleorman counties,
there are no records concerning changes
by increasing the subscribed capital
of the companies by foreign direct
investment, during February 2003.
According to the amount
of the increase in the subscribed capital
in February, on the first places are listed
the following regions: South-East with 47
million USD, Bucharest-Ilfov with 39.4 million
USD and South-West Oltenia with 5.2 million
USD.
- In February 2003 a number of 49
companies by foreign direct investments
were struck-off, that is 47.8 million
USD (44.3 million EUR) in equivalent
of currency. From the total number
of these companies, 21 were recorded
in Bucharest Municipality. Related
to the economic regions, the highest
number of strike-off of companies
was recorded in Bucharest-Ilfov (21)
and Nord-West (15).
- Investors from all the continents
in the world were the source of the
foreign investments registered during
February 2003 highlighting, by number
and amount of the subscribed capital,
the investors from Europe, with 492
new companies and 2.1 million USD
(2 million EUR) in capital and those
from North America, with 43 new companies
and 3.3 million USD (3.1 million EUR).
- In what concerns the statutory documents
for increasing the issued capital,
the first two places are awarded to
the investors from Europe, with a
capital of 47.6 million USD and 299
companies and the investors from Oceania
with a capital of 46.2 million USD
and 4 companies.
Investments made by O.E.C.D.
countries prevail in the total of foreign
investments registered during February 2003
in Romania. So, from a total of 624 new
companies incorporated at country’s level,
478 companies subscribing 5.5 million USD
(5.1 million EUR) as issued capital, represent
the O.E.C.D. countries’ contribution and
the increase in capital is recorded in 279
companies as contribution of investors from
O.E.C.D. countries, reaching 26.4 million
USD (24.4 million EUR) additional capital
invested in their companies, during February
2003.
- According to the classification by
country of origin of the foreign investment,
the records of February 2003 reveal
that:
- Regarding the incorporations of
new companies and related to the subscribed
capital, in equivalent of currency,
the first places belong to investors
from: USA with 35 new companies and
3.3 million USD (3.1 million EUR),
Germany with 54 new companies and
593.9 thousand USD (550.8 thousand
EUR), Turkey with 59 new companies
and 471.5 thousand USD (437.2 thousand
EUR) and Belgium with 8 new companies
and 471.4 thousand USD (437.1 thousand
EUR).
- As for increasing the subscribed
capital, on the first places are listed
the investors from: Antilele Olandeze
with 1 company and 41.3 million USD
(38.3 million EUR), Cyprus with 17
companies and 21.7 million USD (20.2
million EUR), Germany with 33 companies
and 6 million USD (5.6 million EUR)
and Marshall Islands with 1 companies
and 4.9 million USD (4.5 million EUR).
- The classification according to
the month of February this year, by
the amount of the subscribed capital
was increased, in equivalent of currency,
in new companies and already active
ones, among the first 40 companies
by foreign direct investment are:
Ispat Sidex S.A. (with a partner from
Antilele Olandeze.) registering an
investment in equivalent of currency
of 41.3 million USD (38.3 million
EUR), Romtelecom SA (Cyprus) with
19.4 million USD (18 million EUR),
Artrom SA (with a partner from the
Germany) with 5 million USD (4.6 million
EUR), Santierul Naval SA (Marshall
Islands) with 4.85 million USD (4.5
million EUR).
* * *
According to what we presented
so far, we may conclude that the recent
trends in the foreign investments in Romania,
based on the records of the Central Trade
Register, still reveals a positive trend
concerning the presence in Romania of the
foreign investors, who may also benefit
of the facilities offered by the Law for
direct investments. Further on, there are
premises for taking full advantage of this
law, in fact of Romania’s potential in investments.
TOP
Companies
by Foreign Direct Investment - 31 January
2003
"Companies by foreign direct investment"
is a statistical synthesis including the
results of the records operated with the
Central Trade Register during January 2003,
as well as their trend.
The paper reveals the involvement
of the foreign direct investment in the
investment process in Romania, considering
the records being centralised by NTRO and
concerning:
- incorporation of companies by foreign
direct investment
- other statutory documents on the capital
subscribed by the non-residents in already
active companies (increasing or decreasing
the issued capital, by cession)
- strike-off of companies by foreign
direct investment
The following main aspects
may be spotlighted based on the data presented
in this paper:
- the balance account for the foreign
investment at 31st January
2003, following the records due to the
period of December 1990 – January 31,
2003, includes:
- the total number of companies being
of 91,480 of which 695 being incorporated
during January 2003;
- the issued capital subscribed by the
foreign investors being of 9.27 billions
USD (8.57 billion EUR), in total amount.
- Considering the trends and the different
tendencies from country to country regarding
the classification by country of origin
of the total foreign direct investment
for the period 1991 –2003 (January) the
first places are awarded to: Netherlands
(1 place, 17.3% of the foreign investments
by equivalent of currency), Germany (2
place, with 9.8%), USA (3 place, with
8%), France (4 place, with 7.3%) and Austria
(5 place, with 6.2%).
- The balance account of the foreign
investments by equivalent of currency
in 2003, January 31, is with 93.8 million
USD (86.6 million EUR) higher than in
the end of December 2002. The monthly
trend related to the foreign investments
in Romania registers fluctuations with
regard to the number of companies and
the subscribed capital, as well.
- The structure upon the sector of activity
of the companies by foreign direct investment,
incorporated during 1991 – January 2003,
shows the preference of investors for
the commercial activities. Companies
declaring in the statutory documents
the intention to develop mainly commercial
activities represent 55% of the total
number of companies by foreign direct
investments. The top of preferences
continues with the industrial sector
(18.8%), services (11.2%), tourism (4.4%)
and agriculture (4.1%).
The structure upon the
main sector of activity related to that
upon the number of companies by foreign
direct investment reveals that 53.8% of
the total subscribed capital was invested
in industry, 16.7% in services and 15.6%
in commerce.
- According to the records of January
2003, the following main results are to
be mentioned:
- At country’s level, 695 new companies
by foreign direct investment were incorporated,
amounting to a total capital of 8.8
million USD, in equivalent of currency.
This month, the records by territoriality
criteria indicate on the first places,
according to the amount in equivalent
of currency of the capital subscribed
in new companies, Călăraşi
county with a capital of 6.7 million
USD (6.2 million EUR) and 5 new companies,
Bucharest Municipality with 911 thousand
USD (841.6 thousand EUR) capital and
279 new companies and Ilfov county with
a capital of 582 thousand USD (537.7
thousand EUR) and 34 new incorporated
companies. In what concerns the subscribed
capital in equivalent of currency, for
new companies by foreign direct investment,
the records of January 2003 are with
2.7 million USD higher than in January
2002. Under these conditions of different
trends regarding the number of companies
by foreign direct investment and the
amount of the subscribed capital, the
average amount of the subscribed capital,
in equivalent of currency, per unit,
was of 12.6 thousand USD in January
2003 compared to 13.6 thousand USD in
January 2002.
The highest number of companies
by foreign direct investment (313 companies)
was incorporated during January 2003, in
the Bucharest-Ilfov region. In January,
the regions ranking upon the investors’
preferences were the following: West (91
companies) and North-West (84 companies).
According to the amount of the subscribed
capital for new companies, the first place
is awarded to South-Muntenia region registering
6.8 million USD.
- A specific phenomena of January 2003
is concerning the relatively high increase
in the subscribed capital of companies
by foreign direct investment, according
to the records in the trade register,
namely: 118.8 million USD (109.8 million
EUR) in equivalent of currency, within
613 already existing companies. The
changes in the companies’ capital by
increasing the amount, prevails within
the total foreign investments in capital
during January 2003, especially in Bucharest
Municipality reaching 46.1 million USD
(42.6 million EUR), Olt county amounting
to 37.8 million USD (34.9 million EUR),
in Ilfov county where investments of
8.4 million USD (7.7 million EUR) were
recorded and Timis with 5 million USD
(4.6 million EUR). In Vaslui county,
there are no records concerning changes
by increasing the subscribed capital
of the companies by foreign direct investment,
during January 2003.
According to the amount
of the increase in the subscribed capital
in January, on the first places are listed
the following regions: Bucharest-Ilfov with
54.5 million USD, South-West Oltenia with
38.4 million USD and South-Muntenia with
9.8 million USD.
- In January 2003 a number of 76 companies
by foreign direct investments were struck-off,
that is 5.8 million USD (5.3 million
EUR) in equivalent of currency. From
the total number of these companies,
26 were recorded in Satu Mare county
and 18 were recorded in Bucharest Municipality.
Related to the economic regions, the
highest number of strike-off of companies
was recorded in Nord-West (34) and Bucharest-Ilfov
(20).
- Investors from all the continents
in the world were the source of the
foreign investments registered during
January 2003 highlighting, by number
and amount of the subscribed capital,
the investors from Europe, with 509
new companies and 8.5 million USD (7.8
million EUR) in capital and those from
Asia, with 158 new companies and 277.8
thousand USD (256.6 thousand EUR).
- In what concerns the statutory documents
for increasing the issued capital, the
first two places are awarded to the
investors from Europe, with a capital
of 109.4 million USD and 373 companies
and the investors from North America
with a capital of 5 million USD and
26 companies.
Investments made by O.E.C.D.
countries prevail in the total of foreign
investments registered during January 2003
in Romania. So, from a total of 695 new
companies incorporated at country’s level,
512 companies subscribing 8.4 million USD
(7.7 million EUR) as issued capital, represent
the O.E.C.D. countries’ contribution and
the increase in capital is recorded in 370
companies as contribution of investors from
O.E.C.D. countries, reaching 103 million
USD (95.2 million EUR) additional capital
invested in their companies, during January
2003.
- According to the classification by country
of origin of the foreign investment, the
records of January 2003 reveal that:
- Regarding the incorporations of new
companies and related to the subscribed
capital, in equivalent of currency,
the first places belong to investors
from: Italy with 159 new companies and
7.2 million USD (6.6 million EUR), Spain
with 9 new companies and 238.6 thousand
USD (220.4 thousand EUR), China with
28 new companies and 204.5 thousand
USD (189 thousand EUR) and Germany with
59 new companies and 144 thousand USD
(133 thousand EUR).
- As for increasing the subscribed capital,
on the first places are listed the investors
from: Great Britain with 16 companies
and 38 million USD (35 million EUR),
Netherland with 22 companies and 12.4
million USD (11.5 million EUR), Germany
with 31 companies and 10.3 million USD
(9.5 million EUR) and Austria with 21
companies and 10.1 million USD (9.3
million EUR).
- The classification according to the
month of January this year, by the amount
of the subscribed capital was increased,
in equivalent of currency, in new companies
and already active ones, among the first
40 companies by foreign direct investment
are: Alro S.A. (with a partner from
Great Britain.) registering an investment
in equivalent of currency of 29.8 million
USD (27.6 million EUR), OMV Romania
Mineraloel SRL (Austria) with 10 million
USD (9.2 million EUR), Praktiker Romania
SRL (with a partner from the Germany)
with 6.9 million USD (6.4 million EUR),
Donasid SA (Italy) with 6.7 million
USD (6.2 million EUR).
* * *
According to what we presented
so far, we may conclude that the recent
trends in the foreign investments in Romania,
based on the records of the Central Trade
Register, still reveals a positive trend
concerning the presence in Romania of the
foreign investors, who may also benefit
of the facilities offered by the Law for
direct investments. Further on, there are
premises for taking full advantage of this
law, in fact of Romania’s potential in investments.
TOP
PRESS
RELEASE
By implementation of Emergency
Government Ordinance no. 129/2002, providing
that the National Trade Register Office
is being detached from the Chamber of Commerce
and Industry structure being organised as
public institution under the Ministry of
Justice co-ordination, the Government Decision
no. 1345/2002 was issued being the base
for aproving the standard form and content
of the incorporation certificate, attesting
the registration of a business in the trade
register and the corresponding fiscal registration
as well, as presented in the
attached specimen.
The incorporation certificate
for businesses, tailored to the new legal
status of the National Trade Register Office
and of the Trade Register Offices under
its co-ordination and operating attached
to the Law courts, is being issued and is
going to be implemented by all the Trade
Register Offices attached to the Law courts,
starting with the 1st of February
2003.
The incorporation certificates
and annexes the businessmen were provided
with, before February 1st 2003
according to the provisions of the Emergency
Government Ordinance no. 76/2001, republished
and the Government Decision no. 573/2002,
are still valid from now on.
30 January 2003
TOP
New
version of the Activities’ Classification
in the National Economy (CAEN Rev. 1)
The first version of CAEN,
in force according to HG (Government Decision)
no. 656/1997, was set up aiming to insure
identifying and code of all activities,
by a definite system following the provisions
of the European Economic Community Council
Regulation 3037/1990 and being harmonized
with the Nomenclature of Activities in the
European Community, namely NACE Rev.1.
Starting with the 1st of January 2003, a
new version of the Nomenclature of Activities
in the European Community is being implemented
within the European Union, namely NACE Rev.1.1.
Actions carried on by the National Institute
for Statistics in Romania towards matching
the Romanian Classification with the European
Nomenclature, are in progress since 2001,
according to the harmonisation strategy
of the Romanian statistics with the European
norms and standards in statistics as well
as, complying with the tasks assumed concerning
the chapter 12 “STATISTICS”
in Romania’s Accession Dossier to
the European Union.
(Soon available on our web site: a useful
tool for searching/identifuing codes in
the Nomenclature CAEN/NACE!!!)
27 January 2003
TOP
Launching
"RECOM
online"!
Following the implementation of the Government
Ordinance provisions no. 129/10.10.2002,
NTRO is organised as a public institution
and legal person under the Ministry of Justice
co-ordination and, according to the Government
Decision no. 1344/2002, has the legal competency
to provide information based on the computerized
trade register.
In this context and wishing to join the
efforts and activities supporting the business
community, the National Trade Register Office
launched the “RECOM online“
service for accessing information in the
central trade register data base. This service
offers online access to the legal information
on companies in Romania, according to the
data in the computerized central trade register.
The exclusive administration of the RECOM
data base by the National Trade Register
Office allows us to up date continuosly
and permanently the information provided
through the “RECOM online” service,
base on registrations operated in the 42
Trade Register Offices in the country. This
way, we would like our service to be an
efficient and useful tool addressing to
all interested Internet users.
“RECOM online” is accessible
24 hours a day, by subscription (for detailed
information) and under username and password
restriction. Details on terms and conditions
for accessing this service (Link la site
RECOM)
New forms for company’s incorporation!
(link activat spre pagina cu formularele)
According to the provisions of the Government
Decision no. 1345/2002 the standard form
and content for the incorporation request
and for the incorporation certificate is
being issued and implemented, the annex
to the incorporation certificate included.
The other specific necessary forms have
new headers, according to the provisions
of the Government Ordinance (OUG) no. 129/2002.
20 January 2003
TOP
New
forms for company’s incorporation!
According to the provisions
of the Government Decision no. 1345/2002
the standard form and content for the incorporation
request and for the incorporation certificate
is being issued and implemented, the annex
to the incorporation certificate included.
The other specific necessary forms have
new headers, according to the provisions
of the Government Ordinance (OUG) no. 129/2002.
10 January 2003
TOP
Important
notification!
According to OUG no. 129/10.10.2002
provisions, modifying the Law no. 26/1990
concerning the trade register: the central
trade register is under the National Trade
Register Office management, N.T.R.O. being
a public institution and legal person, entirely
financed by own resources and organised
under the Ministry of Justice co-ordination.
The trade register offices are being organised
under the National Trade Register Office
co-ordination and operate attached to each
Law court.
Based on the provisions of the Government
Decision (H.G.) no. 1344/2002, the National
Trade Register Office (NTRO) under the Ministry
of Justice co-ordination and the trade register
offices attached to the law courts have
the legal competency to provide information
from the computerized central trade register.
15 October 2003
TOP
Companies
by Foreign Direct Investment - 31 December
2002
"Companies by foreign direct
investment" is a statistical synthesis including
the results of the records operated with
the Central Trade Register during December
2002, as well as their trend.
The paper reveals the involvement
of the foreign direct investment in the
investment process in Romania, considering
the records being centralised by NTRO and
concerning:
-
incorporation of
companies by foreign direct investment
-
other statutory
documents on the capital subscribed
by the non-residents in already active
companies (increasing or decreasing
the issued capital, by cession)
-
strike-off of companies
by foreign direct investment
The following main aspects
may be spotlighted based on the data presented
in this paper:
- the balance account for the foreign
investment at 31st December
2002, following the records due to the
period of December 1990 December 31,
2002, includes:
- the total number of companies being
of 89,911 of which 621 being incorporated
during December 2002;
- the issued capital subscribed by
the foreign investors being of 8.94
billions USD (8.58 billion EUR), in
total amount.
-
Considering the trends
and the different tendencies from country
to country regarding the classification
by country of origin of the total foreign
direct investment for the period 1991
–2002 (December) the first places are
awarded to: Netherlands (1 place, 17.6%
of the foreign investments by equivalent
of currency), Germany (2 place, with
9.9%), USA (3 place, with 7.9%), France
(4 place, with 7.3%) and Austria (5
place, with 6.2%).
- The balance account of the foreign
investments by equivalent of currency
in 2002, December 31, is with 109.9
million USD (105.4 million EUR) higher
than in the end of November 2002.
The monthly trend related to the foreign
investments in Romania registers fluctuations
with regard to the number of companies
and the subscribed capital, as well.
-
The structure upon
the sector of activity of the companies
by foreign direct investment, incorporated
during 1991 – December 2002, shows
the preference of investors for the
commercial activities. Companies declaring
in the statutory documents the intention
to develop mainly commercial activities
represent 55.2% of the total number
of companies by foreign direct investments.
The top of preferences continues with
the industrial sector (18.9%), services
(11%), tourism (4.3%) and agriculture
(4.2%).
The structure upon the
main sector of activity related to that
upon the number of companies by foreign
direct investment reveals that 53.7% of
the total subscribed capital was invested
in industry, 16.2% in services and 16.1%
in commerce.
- At country’s level, 621 new companies
by foreign direct investment were
incorporated, amounting to a total
capital of 4.86 million USD, in equivalent
of currency. This month, the records
by territoriality criteria indicate
on the first places, according to
the amount in equivalent of currency
of the capital subscribed in new companies,
Ilfov county with a capital of 2.4
million USD (2.3 million EUR) and
33 new companies, Bucharest Municipality
with 1.9 million USD (1.8 million
EUR) capital and 262 new companies
and Timiş county with a capital
of 173.1 thousand USD (166.1 thousand
EUR) and 42 new incorporated companies.
In what concerns the subscribed capital
in equivalent of currency, for new
companies by foreign direct investment,
the records of December are with 2.7
million USD higher than in December
2001. Under these conditions of different
trends regarding the number of companies
by foreign direct investment and the
amount of the subscribed capital,
the average amount of the subscribed
capital, in equivalent of currency,
per unit, was of 7.8 thousand USD
in December 2002 compared to 17.2
thousand USD in December 2001.
The highest number of companies
by foreign direct investment (295 companies)
was incorporated during December 2002, in
the Bucharest-Ilfov region. In December,
the regions ranking upon the investors’
preferences were the following: West (85
companies) and Center (78 companies). According
to the amount of the subscribed capital
for new companies, the first place is awarded
to Bucharest-Ilfov region registering 4.3
million USD.
-
A specific phenomena
of December 2002 is concerning the
relatively high increase in the subscribed
capital of companies by foreign direct
investment, according to the records
in the trade register, namely: 122.4
million USD (117.5 million EUR) in
equivalent of currency, within 421
already existing companies. The changes
in the companies’ capital by increasing
the amount, prevails within the total
foreign investments in capital during
December 2002, especially in Bucharest
Municipality reaching 60.4 million
USD (57.9 million EUR), Ilfov county
amounting to 31.75 million USD (30.46
million EUR), in Dâmboviţa county
where investments of 7.97 million
USD (7.64 million EUR) were recorded
and Vaslui with 5 million USD (4.8
million EUR). In Botoşani, Călăraşi,
Tulcea and Vâlcea counties, there
are no records concerning changes
by increasing the subscribed capital
of the companies by foreign direct
investment, during December 2002.
According to the amount
of the increase in the subscribed capital
in December, on the first places are listed
the following regions: Bucharest-Ilfov with
92.1 million USD, South-Muntenia with 8
million USD and North-East with 5.7 million
USD.
- In December 2002 a number of 46
companies by foreign direct investments
were struck-off, that is 139.5 million
USD (133.9 million EUR) in equivalent
of currency. From the total number
of these companies, 18 were recorded
in Bucharest Municipality. Related
to the economic regions, the highest
number of strike-off of companies
was recorded in Bucharest-Ilfov (18)
and Nord-West (8).
- Investors from all the continents
in the world were the source of the
foreign investments registered during
December 2002 highlighting, by number
and amount of the subscribed capital,
the investors from Europe, with 475
new companies and 2.8 million USD
(2.7 million EUR) in capital and those
from Asia, with 133 new companies
and 361.9 thousand USD (347.2 thousand
EUR).
-
In what concerns
the statutory documents for increasing
the issued capital, the first two
places are awarded to the investors
from Europe, with a capital of 89.9
million USD and 272 companies and
the investors from South America with
a capital of 30 million USD and 5
companies.
Investments made by O.E.C.D.
countries prevail in the total of foreign
investments registered during December 2002
in Romania. So, from a total of 621 new
companies incorporated at country’s level,
461 companies subscribing 4.3 million USD
(4.1 million EUR) as issued capital, represent
the O.E.C.D. countries’ contribution and
the increase in capital is recorded in 267
companies as contribution of investors from
O.E.C.D. countries, reaching 85.7 million
USD (82.2 million EUR) additional capital
invested in their companies, during December
2002.
- The classification according to
the month of December this year, by
the amount of the subscribed capital
was increased, in equivalent of currency,
in new companies and already active
ones, among the first 40 companies
by foreign direct investment are:
Telemobil S.A. (with a partner from
I. Virgine Brit.) registering an investment
in equivalent of currency of 30 million
USD (28.8 million EUR), Poarta S.A.
(Greece) with 24 million USD (23 million
EUR), Nova Trade SA (with a partner
from the Switzerland) with 21.8 million
USD (20.9 million EUR), Rulmenţi
SA (Turkey) with 4.6 million USD (4.4
million EUR).
* * *
According to what we presented
so far, we may conclude that the recent
trends in the foreign investments in Romania,
based on the records of the Central Trade
Register, still reveals a positive trend
concerning the presence in Romania of the
foreign investors, who may also benefit
of the facilities offered by the Law for
direct investments. Further on, there are
premises for taking full advantage of this
law, in fact of Romania’s potential in investments.
Companies
by Foreign Direct Investment - 30 November
2002
"Companies by foreign direct
investment" is a statistical synthesis including
the results of the records operated with
the Central Trade Register during November
2002, as well as their trend.
The paper reveals the involvement
of the foreign direct investment in the
investment process in Romania, considering
the records being centralised by NTRO and
concerning:
- incorporation of companies by foreign
direct investment
- other statutory documents on the
capital subscribed by the non-residents
in already active companies (increasing
or decreasing the issued capital,
by cession)
- strike-off of companies by foreign
direct investment
The following main aspects
may be spotlighted based on the data presented
in this paper:
- the balance account for the foreign
investment at 30st November
2002, following the records due to the
period of December 1990 November 30,2002,
includes:
- the total number of companies being
of 89,289 of which 639 being incorporated
during November 2002;
- the issued capital subscribed by
the foreign investors being of 8.82
billions USD (8.89 billion EUR), in
total amount.
-
Considering the trends
and the different tendencies from country
to country regarding the classification
by country of origin of the total foreign
direct investment for the period 1991
–2002 (November) the first places are
awarded to: Netherlands (1 place, 18.1%
of the foreign investments by equivalent
of currency), Germany (2 place, with
9.9%), USA (3 place, with 7.95%), France
(4 place, with 7.4%) and Austria (5
place, with 7.2%).
- The balance account of the foreign
investments by equivalent of currency
in 2002, November 30, is with 105.8
million USD (106.6 million EUR) higher
than in the end of October 2002. The
monthly trend related to the foreign
investments in Romania registers fluctuations
with regard to the number of companies
and the subscribed capital, as well.
- The structure upon the sector of
activity of the companies by foreign
direct investment, incorporated during
1991 – November 2002, shows the preference
of investors for the commercial activities.
Companies declaring in the statutory
documents the intention to develop
mainly commercial activities represent
55.3% of the total number of companies
by foreign direct investments. The
top of preferences continues with
the industrial sector (19.0%), services
(10.9%), tourism (4.3%) and agriculture
(4.2%).
The structure upon the
main sector of activity related to that
upon the number of companies by foreign
direct investment reveals that 55.4% of
the total subscribed capital was invested
in industry, 15.9% in commerce and 15.2%
in services.
- According to the records of November
2002, the following main results are
to be mentioned:
- At country’s level, 639 new companies
by foreign direct investment were
incorporated, amounting to a total
capital of 16.1 million USD, in equivalent
of currency. This month, the records
by territoriality criteria indicate
on the first places, according to
the amount in equivalent of currency
of the capital subscribed in new companies,
Hunedoara county with a capital of
12 million USD (12.1 million EUR)
and 6 new companies, Ilfov county
with 2.56 million USD (2.58 million
EUR) capital and 52 new companies
and Bucharest Municipality with a
capital of 913.1 thousand USD (919.3
thousand EUR) and 249 new incorporated
companies. In what concerns the subscribed
capital in equivalent of currency,
for new companies by foreign direct
investment, the records of November
are with 10.7 million USD higher than
in November 2001. Under these conditions
of different trends regarding the
number of companies by foreign direct
investment and the amount of the subscribed
capital, the average amount of the
subscribed capital, in equivalent
of currency, per unit, was of 25.2
thousand USD in November 2002 compared
to 8.7 thousand USD in November 2001.
The highest number of companies
by foreign direct investment (301 companies)
was incorporated during November 2002, in
the Bucharest-Ilfov region. In November,
the regions ranking upon the investors’
preferences were the following: West (92
companies) and Nord-West (74 companies).
According to the amount of the subscribed
capital for new companies, the first place
is awarded to West region registering 12.04
million USD.
- A specific phenomena of November
2002 is concerning the relatively
high increase in the subscribed capital
of companies by foreign direct investment,
according to the records in the trade
register, namely: 32.9 million USD
(33.1 million EUR) in equivalent of
currency, within 498 already existing
companies. The changes in the companies’
capital by increasing the amount,
prevails within the total foreign
investments in capital during November
2002, especially in Bucharest Municipality
reaching 19.1 million USD (19.3 million
EUR), Sibiu county amounting to 4.7
million USD (4.74 million EUR), in
Olt county where investments of 2.52
million USD (2.54 million EUR) were
recorded and Iaşi with 1.51 million
USD (1.52 million EUR). In Bacău
and Teleorman counties, there are
no records concerning changes by increasing
the subscribed capital of the companies
by foreign direct investment, during
November 2002.
According to the amount
of the increase in the subscribed capital
in November, on the first places are listed
the following regions: Bucharest-Ilfov with
19.3 million USD, Center with 6 million
USD and South-West Oltenia with 2.9 million
USD.
- In November 2002 a number of 119
companies by foreign direct investments
were struck-off, that is 7.3 million
USD (7.4 million EUR) in equivalent
of currency. From the total number
of these companies, 57 were recorded
in Satu Mare county. Related to the
economic regions, the highest number
of strike-off of companies was recorded
in Nord-West (67), Bucharest-Ilfov
(22) and South-Muntenia (22).
- Investors from all the continents
in the world were the source of the
foreign investments registered during
November 2002 highlighting, by number
and amount of the subscribed capital,
the investors from Europe, with 443
new companies and 15.3 million USD
(15.4 million EUR) in capital and
those from Asia, with 170 new companies
and 730 thousand USD (734 thousand
EUR).
- In what concerns the statutory documents
for increasing the issued capital,
the first two places are awarded to
the investors from Europe, with a
capital of 29.2 million USD and 327
companies and the investors from Asia
with a capital of 1.4 million USD
and 152 companies.
Investments made by O.E.C.D.
countries prevail in the total of foreign
investments registered during November 2002
in Romania. So, from a total of 639 new
companies incorporated at country’s level,
430 companies subscribing 15.4 million USD
(15.5 million EUR) as issued capital, represent
the O.E.C.D. countries’ contribution and
the increase in capital is recorded in 313
companies as contribution of investors from
O.E.C.D. countries, reaching 17.7 million
USD (17.8 million EUR) additional capital
invested in their companies, during November
2002.
- According to the classification by
country of origin of the foreign investment,
the records of November reveal that:
- Regarding the incorporations of
new companies and related to the subscribed
capital, in equivalent of currency,
the first places belong to investors
from: Germany with 48 new companies
and 12.5 million USD (12.6 million
EUR), Great Britain with 10 new companies
and 2 million USD (2.1 million EUR),
China with 45 new companies and 352.5
thousand USD (357.2 thousand EUR),
and Irak with 47 new companies and
206.7 thousand USD (209.4 thousand
EUR).
- As for increasing the subscribed
capital, on the first places are listed
the investors from: Cyprus with 13
companies and 6 million USD (6.1 million
EUR), Netherlands with 14 companies
and 5.8 million USD (5.9 million EUR),
Gibraltar with 2 companies and 3.67
million USD (3.69 million EUR) and
Germany with 49 companies and 3.4
million USD (3.5 million EUR).
- The classification according to
the month of November this year, by
the amount of the subscribed capital
was increased, in equivalent of currency,
in new companies and already active
ones, among the first 40 companies
by foreign direct investment are:
Amidip S.A. (with a German partner)
registering an investment in equivalent
of currency of 12 million USD (12.1
million EUR), Laminate S.A. (Cyprus)
with 5.27 million USD (5.3 million
EUR), Poliflex SRL (with a partner
from the Netherlands) with 4.6 million
USD (4.6 million EUR), Aectra Agrochemicals
SA (Gibraltar) with 3.5 million USD
(3.52 million EUR).
* * *
According to what we presented
so far, we may conclude that the recent
trends in the foreign investments in Romania,
based on the records of the Central Trade
Register, still reveals a positive trend
concerning the presence in Romania of the
foreign investors, who may also benefit
of the facilities offered by the Law for
direct investments. Further on, there are
premises for taking full advantage of this
law, in fact of Romania’s potential in investments.
|
){kind=link}