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).
Romania’s BlueSpace Technology is preparing for the first public presentation of its VLAH (Hydramatic Autonomous Combat Vehicle) prototype, scheduled for the first half of December, according to a press release cited by Bursa.ro. The 4x4 armoured vehicle is the first...
The construction materials distribution company Sipex (BVB: SPX), traded at the Bucharest Stock Exchange, announced it will begin next year the construction of a dry mortars and thermal insulation materials factory in Ariceștii Rahtivani, Prahova County. The project will involve EUR 20 million of investment. The company said it has “all approvals for the submission […]
The German company Limoss plans to open an electronic components factory in Romania, through a greenfield investment, which would employ up to 500 employees, according to Profit.ro. The targeted...
The total electricity production in Romania contracted by 6% y/y to 37.2 TWh in January-September, according to data from the statistics office INS. The hydropower units’ output plunged by 23% y/y to 8.86 TWh, and the production of the wind farms contracted by nearly 10% to 4.19 TWh. The PV parks generated 38% y/y more […]
Romania closed its 2026 World Cup qualifying campaign with a 7–1 victory over San Marino on Tuesday night, November 18, finishing the year on a high in front of home supporters at the Ilie Oană Stadium in Ploiești. Despite the decisive win, the national team ended Group H in third place, behind winners Austria, who […]
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
