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).
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
