The number of dissolved firms has increased by 15.52% in the first six months of 2024 up to 22,459 against 19,442 in the similar period of last year, according to the data centralized by the National Bureau of Commercial Register (ONRC).Most dissolved firms were in Bucharest, namely 4,722 firms (growing number by 14.64% against the first semester of 2023) and in Ilfov (1,234 plus 41.84%) Constan?a (1,203, plus 34,87%), Cluj (1,183, plus 17,83%), Timis (1,012, minus 0,49%) and Iasi (852, plus 35,67%). At the other end, the fewest dissolved firms were in Covasna county, namely 111 (plus 2.78% against the first six months of 2023), Ialomita (115, similar to the same period of last year),Caras-Severin (144, plus 6.67%), Mehedinti (145, plus 25%) and Calarasi (174,minus 4.92%).The industry with the most business dissolutions from January through June 2024 is wholesale and retail trade, repair of motor vehicles and motorcycles, where 6,085 dissolutions were reported nationwide. Compared to the same period last year, dissolutions in this sector rose by 12.66%. According to the cited source, construction, professional, scientific and technical activities, and manufacturing are other sectors where a large number of company dissolutions were recorded, respectively 2,280 (+26.95%), 2,230 (+16.45%) and 1,881 (+11.43%). In June 2024, there were 3,230 business dissolutions, most of them in Bucharest (684) and in Constanta (205), Cluj (166), Ilfov (152) and Timis (145) counties.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
