Business suspensions in Romania in 2024 was 18,716, up 14.58% from the previous year, according to data published by the National Companies Register Office (ONRC).Most of the suspensions were recorded in Bucharest City, 2,252 (up 13.79 from 2023). The capital is followed by the counties of Cluj, with 1,162 suspesnions (plus 9.93%), Iasi - 851 (plus 15.16%), Brasov - 822 (plus 13.85%), Bihor - 800 (plus 19.23%) and Timis725 (plus 22.26%).On the other hand, the fewest suspensions were recorded in the counties of Ialomita - 123 (plus 26.8% compared to the previous year), Covasna - 139 (plus 13.01%), Gorj - 134 (plus 2.29%), Teleorman - 141 (minus 0.7%) and Giurgiu - 143 (plus 48.96%).The largest increases in the number of suspensions were recorded in the counties of Tulcea (plus 62.38%), Dambovita (plus 55.38%) and Giurgiu (plus 48.96%), while decreases occurred only in the counties of Caras-Severin (minus 5.35%), Valcea (minus 4.03%), Satu Mare (minus 0.72%) and Teleorman (minus 0.7%).The highest number of suspensions was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles, 4,390 (plus 12.82% from 2023), in professional, scientific and technical activities - 1,767 suspensions (plus 6.06%) and in construction - 1,688 suspensions (plus 31.46%).In December 2024, 1,963 suspensions were recorded, most of them in Bucharest City (258) and the counties of Cluj (137), Iasi (93), Brasov (86) and Sibiu (75).
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
