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%).
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]