65,458 companies were set up in the first 7 months of 2021, of which 4,545 entered insolvency and 26,034 were unregistered, according to an analysis made by Termene.ro. “In the first 7 months of 2021, 65,458 companies were set up, 4,545 entered insolvency and 26,034 were unregistered. Most companies recently set up are in the Bucharest-Ilfov area (17,627 companies), followed by North West with 8,993 companies and North-East with 7,349,”according to a Termene.ro analysis. Companies which do business by means of order houses or by internet rank first in Bucharest-Ilfov. Most of insolvent companies are in North-Western area of the country, with construction firms in the insolvency top, followed by transport companies and bars. At a difference of only 6 firms, Bucharest Ilfov ranks second in the insolvency top, with 1,032 companies in insolvency. That is why 76are construction companies and 38 make retail trade in non specialized stores. 6,564 companies were unrecorded, of which 110 are construction firms, followed by those that have retail trade by means of order homes or the Internet - 109 and companies that offer consulting for business and management -99. Of the 26,034 unrecorded companies in the first 7 months of 2021, about 70% were older than 5 years, 12% had between 3 and 5 years, 13.51% had between 1 and 3 years and only 5.36% were between 0 and 1 year old. At the level of the whole country, construction firms rank first in the top of newly set up firms – 5,277 companies set up until July 2021. Transport companies (4,040) rank second , while retail companies by means of order houses or the Internet (3,769) rank third. Construction firms are also first in the insolvency top in the country, followed by transport companies and retail companies selling mostly food, beverages and tobacco. Termene.ro is a company set up in 2014, meant to allow companies to identify business opportunities and correctly evaluate risks for more prosperous business. Over 70,000 companies have access to a platform offering updated data on the financial and juridical data of companies in Romania.
Over a third of Romanians, around 35%, would vote for the opposition party Alliance for the Union of Romanians, or AUR, according to data from a CURS survey published on Sunday, November 2. A further 24% of votes would support the governing Social Democratic Party, or PSD. The two other parties included in the current […]
The Romanian government and one of the most important European arms manufacturers, Rheinmetall, signed a cooperation agreement regarding the construction of a powder factory on Monday, November 3. The value of the investment is EUR 500 million, and Romania may be able to secure EU funding for it through the Security Action for Europe program, which […]
More than twenty years after launching Flavours Group, Romanian entrepreneur Raluca Țeposu continues to shape Romania’s modern food and hospitality landscape through a mix of creativity, consistency, and care. What began in 2002 as a small catering company built on the simple idea that “food should be about joy, connection, and good energy” has evolved […]
North Bucharest Investments (NBI), a real estate investment and management company, reports a transaction volume of €161 million as of the end of October 2025. By the end of the year, the company anticipates a 25% increase compared to the average level of the reporting period, driven by sustained investor interest and new investment packages […]
Cambridge School of Bucharest (CSB), one of Romania’s leading British international schools, is delighted to announce its Open Days for Admissions for the 2026–2027 academic year, to be held on Wednesday, 19 November, and Friday, 21 November 2025, at its modern campus in Pipera. The Open Days provide prospective families with the opportunity to explore […]
Romania signed a Memorandum of Understanding regarding military cooperation with Egypt on Sunday, November 2. The understanding includes exchanges of expertise, joint exercises, and concrete projects in the field of defense. After the signing, defense minister Ionuț Moșteanu said that among the topics discussed with counterpart Abdel Mageed Ahmed Abdel Mageed Saqr were the security […]
