The number of companies and authorized individuals (PFAs) that entered into insolvency increased by 11.43% in the first five months of 2022, compared to the same period of last year, with 2,808 insolvencies registered, according to data published on the website of the National Trade Register Office (ONRC).The most dissolutions were registered in Bucharest, respectively 499 companies, but were down by 0.80% from the period of January-May 2022, when 503 dissolutions were registered.On the insolvency hierarchy there are also the counties of Bihor, with 242 dissolutions, (+24.74%), Cluj - 186 (-13.49%) and Timis - 140 (+9.38%).The least insolvencies were registered in the counties of Harghita, with 9 dissolutions, going up by 50% from the same period of 2021, Botosani - 13 (same as similar period in 2021), Covasna - 13 (minus 7.14%), Gorj - 13 (-45.83%) and Olt (+5.88%).By field of activity, the largest number of insolvencies was registered in retail, wholesale, automobile and motorcycle repair, namely 727 (-6.07% from the first 5 months of 2021), construction - 551 (+34.72%) and the processing industry - 339 (+6.94%).As many as 627 insolvencies were registered in May 2022.
The Romanian government has approved a new emergency ordinance that introduces major fines for feeding wild bears, environment minister Diana Buzoianu announced on Thursday, November 6. The legislation also defines key terms such as "feeding of bears" and "habituated bear," aiming to curb practices that draw wildlife into populated areas,
The American defense technology company Allen Control Systems (or ACS) has signed a memorandum of understanding with the Romanian Armed Forces for the joint production of autonomous anti-drone turrets in Romania. ACS recently signed two contracts for the delivery of its autonomous Bullfrog turret to the armies of South Korea and the United Arab Emirates. […]
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
Romania has significantly increased its separate collection of textile waste over the past decade, rising from just 48 tons in 2010 to 2,774 tons in 2022, according to data analyzed by Clean Recycle. Despite the progress, the country still collects only about 15% of the roughly 250,000 tons of textile waste it generates each year. […]
Romanian president Nicușor Dan and Secretary General of the North Atlantic Alliance, Mark Rutte, participated in the NATO Industry Forum 2025 in Bucharest on Thursday, November 6. During his speech, the president said that “rearmament is not a choice, it is a necessity” due to the many threats to peace. The Romanian president began his […]
