The number of commercial companies and authorized individuals (PFA) that have become insolvent in the first six months of this year was 3,684, up 8.32% compared to the similar period in 2023, when 3,401 insolvencies were registered, according to data published on the website of the National Companies Registry (ONRC).Most of the firms and PFAs that went into insolvency between January 1 and June 30, 2024, were registered in Bucharest, respectively 683, a number down by 2.43% compared to the first six months of 2023.Bihor county, with 309 insolvencies (plus 17.49%), Cluj - 266 (plus 37.82%), Timis - 195 (plus 27.45%), Iasi - 158 (plus 5.33%) and Ilfov - 141 (plus 17.5%).The fewest insolvencies were recorded in Harghita - 12 (minus 20%), Mehedinti - 15 (minus 28.57%), Vaslui - 14 (minus 36.36%) and Covasna - 19 (plus 46.15%).By sector of activity, the highest number of insolvencies was registered in wholesale trade, retail, repair of motor vehicles and motorcycles - 933 (plus 1.57% compared to the first six months of 2023), construction - 761 (plus 12.08%) and manufacturing - 432 (plus 12.21%).In June 2024, there were 593 insolvencies, most in Bucharest (109), Bihor (52), Cluj (51) and Prahova (33).
Cristian Radu, the mayor of Mangalia - a popular seaside resort in Romania, has been placed in pre-trial detention for 30 days after the Constanța Court of Appeal upheld prosecutors’ request to arrest him on bribery charges. The ruling, delivered on Wednesday, August 27, is final,
Private markets infrastructure provider SeedBlink announced on Thursday, August 28, that it has promoted Ronald Rapberger to head of sales to drive its next phase of growth. The company is in active expansion, and has grown from a fundraising platform into a technology-driven infrastructure for startup investing in five years, according to the company's press […]
The leaders of France, Germany, and Poland traveled to the Republic of Moldova on Wednesday, August 27, to convince people to support the country’s pro-EU government a month from now, on September 28, at the parliamentary elections. Emmanuel Macron, Friedrich Merz, and Donald Tusk delivered emotional speeches in Chișinău and surprised the crowd when they addressed them in […]
A foreign food delivery worker was attacked in Bucharest by a 20-year-old man who struck him in the face while shouting that he was an “invader” and demanding he return to his country. The case drew wide public attention after former police officer Marian Godină shared a video of the incident on Facebook (see below). […]
Timișoara mayor Dominic Fritz has traveled to Istanbul as part of a delegation of European mayors showing solidarity with the arrested mayor Ekrem İmamoğlu. The European delegation also includes the mayors of Barcelona, Athens, Budapest, Sofia, Utrecht, and Zagreb. The European mayors want to draw attention to “the political nature of the arrest of Ekrem […]
Romanian media reported on Wednesday, August 27, that president Nicușor Dan is considering business lawyer Gabriel Zbârcea to lead the Romanian Intelligence Service (SRI), a politically sensitive appointment that requires parliamentary approval.
