The number of delisted companies at the national level increased by 10.44% in the first ten months of 2022, compared to the same period last year, up to 58,276 delistings, according to the statistics provided by the National Trade Register Office (ONRC).The most deletions were registered in the city of Bucharest - 9,464 (plus 9.94% compared to January-October 2021) and in the counties of Cluj - 2,755 (plus 22.44%), Constanta - 2,559 (plus 9.83%) and Timisoara - 2,540 (plus 6.01%).At the opposite side of the scale, the fewest deletions were recorded in the counties of Calarasi - 481 (up by 5.25% compared to the first ten months of last year), Ialomita - 482 (plus 16.71%) and Covasna - 486 (plus 10.20%).The most significant increases in the number of deletions were recorded in the counties of Tulcea (plus 30.63%), Botosani (plus 23.25%) and Vaslui (plus 22.67%). During the analyzed period, decreases in the number of registered companies were recorded only in the counties of Caras-Severin (minus 15.48%), Braila (minus 9.43%) and Alba (minus 8.81%).By field of activity, the highest number of deletions was recorded in wholesale and retail trade, motor vehicle and motorcycle repair - 15,812 (plus 8.22% compared to January-October 2021), constructions - 5,302 (plus 8.47 %) and professional, scientific and technical activities - 4,830 (plus 9.1%).In October 2022, 6,315 company deletions were recorded, most in Bucharest (1,041) and in the counties of Ilfov (382), Cluj (342) and Constanta (253).
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
Prime minister Ilie Bolojan, in a press conference on November 21, said that Romania took steps to protect the interests of state company Romgaz, which holds 12.2% in the Trident Black Sea offshore perimeter operated by Russia's Lukoil. He said that the authorities in Bucharest "collaborated" with the Office of Foreign Assets Control (OFAC) within […]
Kazakhstan's national oil and gas company, KazMunayGas, is set to partially divest its European assets, which include KMG International (KMGI, formerly Rompetrol Group) with Romania's largest refinery, Petromidia (4.8 million tonnes refining capacity), in its portfolio. KazMunayGas plans to sell up to 50% of its European holdings, according to
