The number of dissolved companies increased by 19.56% in the first five months of this year, to 13,694, compared to 11,454 in the same period of 2021, according to data centralized by the National Office of the Trade Register (ONRC).The most dissolutions were registered in Bucharest, respectively 2,551 companies (increasing by 19.82%), and in the counties of Constanta (686, + 28.46%), Cluj (658, + 34.01%), Timis (600, + 12.36%) and Ilfov (568, + 32.71%).At the opposite end, the least dissolutions of companies were recorded in Ialomita, respectively 65 (+ 1.16%), Covasna (75, + 2.6%), Mehedinti (86, + 26.47%) and Calarasi (95, + 5.56%).The field of activity that registered the most dissolutions of companies, in the first four months of this year, is the wholesale and retail trade, repair of motor vehicles and motorcycles, where 4,243 dissolutions were registered at national level. Compared to the similar period of the previous year, the dissolutions in this sector increased by 24.03%.According to the quoted source, constructions, professional, scientific and technical activities as well as the manufacturing industry are other fields of activity where a large number of company dissolutions were recorded, namely 1,261 (+ 18.52%), 1,201 (+ 8.10%), respectively 1,194 (+ 17.64%).
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
