The number of companies deregistered nationwide increased by 34.14% in the first seven months of 2021, YoY, to 37,667 deregistrations, according to statistics from the National Trade Register Office (ONRC).Most deregistrations were registered in Bucharest - 6,048 (plus 39.71% compared to January-July 2020) and in the counties of Timis - 1,781 (plus 51.70%), Cluj - 1,636 (plus 24.70%) and Constanta - 1,603 (plus 31.29%).The counties with the fewest deregistered businesses were Ialomita - 289 (up by 55.38% compared to the first seven months of last year), Calarasi - 321 (plus 44.59%) and Teleorman - 334 (plus 20.14%).The most significant increases in the number of deregistrations were registered in the counties of Alba (plus 69.66%), Covasna (plus 60.49%) and Olt (plus 57.14%). During the analyzed period, there were no decreases in the number of deregistered companies.By fields of activity, the highest number of deregistrations was registered in wholesale and retail trade, repair of motor vehicles and motorcycles - 10,307 (plus 36.57% compared to January-July 2020), construction - 3,491 (plus 32.69 %), professional, scientific and technical activities - 3,166 (plus 35.18%) and agriculture, forestry and fishing - 3,090 (plus 55.12%).In July 2021, as many as 5,102 deregistrations of companies were recorded, most of them in Bucharest (895) and in the counties of Timis (240), Cluj (226) and Constanta (215).
American cryptocurrency-based prediction market Polymarket, a platform where investors can place bets on various future events, predicts that the candidate of the PSD-PNL-UDMR ruling coalition in Romania, Crin Antonescu, is likely to win the presidential elections with his odds at 36%. As regards the first round, Polymarket predicts far-right candidate George Simion (AUR) would dominate […]
Some 51% of the Romanians say they are in favor of progressive taxation of salaries and accession to the euro. Meanwhile, 44% agree with reunification with the Republic of Moldova, according to a recent survey conducted by AtlasIntel for Hotnews.ro. According to the poll, only 4% of Romanians agree with Romania's exit...
BICO Industries, a construction materials producer controlled by the ROCA Industry holding with 60%, has signed a contract with the Environmental Funds Administration (AFM) to finance the construction of a factory for the production of non-woven fiberglass material by recycling fiberglass waste resulting both from its current activity (production of fiberglass mesh for reinforcing thermal […]
Biopharma Plasma of Ukraine is reportedly preparing the construction of a factory in western Romania at Oradea, where it would produce medicines by processing plasma, according to Economedia.ro and
Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion...
In a comment to the Eurostat releasing Romania's public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. "Romania reaffirms its […]
