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 took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom. The […]
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County. Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new […]
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year. […]
