The number of companies and authorised natural persons (PFA) that entered insolvency in the first four months of 2025 was 2,214, a decrease of 12.35% compared to the same period in 2024, when 2,526 insolvencies were recorded, according to data published on the website of the National Trade Register Office (ONRC).The highest number of insolvent companies and PFAs was recorded in Bucharest - 478, a decrease of 2.45% compared to the first four months of 2024.Following in the insolvency rankings were the counties of: Bihor - 170 insolvencies (down 23.42%), Cluj - 160 (down 17.10%), Ilfov - 116 (up 20.83%), Timis - 98 (down 32.41%), Prahova - 79 (up 12.86%).At the other end of the spectrum, the fewest insolvency cases were recorded in: Harghita - 5 (same as January-April 2024), Covasna - 9 (down 40%),Teleorman - 10 (down 47.37%), Vaslui - 11 (down 15.38%), Gorj - 14 (down 36.36%).By sector of activity, the highest number of insolvencies occurred in: wholesale and retail trade; repair of motor vehicles and motorcycles - 555 cases (down 18.04% from early 2024), construction - 433 (down 17.21%), transport and storage - 269 (up 0.37%), manufacturing industry - 231 (down 19.51%).In April 2025 alone, 586 insolvencies were recorded, most of them in: Bucharest - 108, Cluj - 53, Bihor - 41, Ilfov - 31, Timis - 26.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
