65,458 companies were set up in the first 7 months of 2021, of which 4,545 entered insolvency and 26,034 were unregistered, according to an analysis made by Termene.ro. “In the first 7 months of 2021, 65,458 companies were set up, 4,545 entered insolvency and 26,034 were unregistered. Most companies recently set up are in the Bucharest-Ilfov area (17,627 companies), followed by North West with 8,993 companies and North-East with 7,349,”according to a Termene.ro analysis. Companies which do business by means of order houses or by internet rank first in Bucharest-Ilfov. Most of insolvent companies are in North-Western area of the country, with construction firms in the insolvency top, followed by transport companies and bars. At a difference of only 6 firms, Bucharest Ilfov ranks second in the insolvency top, with 1,032 companies in insolvency. That is why 76are construction companies and 38 make retail trade in non specialized stores. 6,564 companies were unrecorded, of which 110 are construction firms, followed by those that have retail trade by means of order homes or the Internet - 109 and companies that offer consulting for business and management -99. Of the 26,034 unrecorded companies in the first 7 months of 2021, about 70% were older than 5 years, 12% had between 3 and 5 years, 13.51% had between 1 and 3 years and only 5.36% were between 0 and 1 year old. At the level of the whole country, construction firms rank first in the top of newly set up firms – 5,277 companies set up until July 2021. Transport companies (4,040) rank second , while retail companies by means of order houses or the Internet (3,769) rank third. Construction firms are also first in the insolvency top in the country, followed by transport companies and retail companies selling mostly food, beverages and tobacco. Termene.ro is a company set up in 2014, meant to allow companies to identify business opportunities and correctly evaluate risks for more prosperous business. Over 70,000 companies have access to a platform offering updated data on the financial and juridical data of companies in Romania.
Romanian-born actor Sebastian Stan has been nominated in the category of "Best Actor in a Leading Role" for his performance in the film The Apprentice at the 2025 BAFTA Awards. Stan portrays Donald Trump in The Apprentice, focusing on the early years Trump spent in New York. The film depicts a young Trump as an emotional […]
Romanian authorities in coordination with the European Commission participated on Wednesday, January 15, in the urgent medical evacuation operation of 12 Palestinian patients from the Gaza Strip, along with 35 family members. Those evacuated are severely affected by the lack of access to adequate medical treatment. The operation was carried out with the involvement of […]
Romania’s state railway operator CFR Călători will receive 12 new electric trains, which will connect Bucharest with the largest cities in the country’s eastern counties. The trains, part of a contract with the Railway Reform Authority, or ARF, will connect Bucharest North station to Suceava, Iași, Galați, as well as Iași to Cluj-Napoca. According to […]
In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. "Two government decisions and an emergency ordinance have been […]
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
