A total of 38,332 companies were deregistered nationwide in the first seven months of 2023, 6.52% fewer than in the same period last year, according to statistics from the National Trade Register Office (ONRC).The most deregistrations were recorded in Bucharest - 6,195 (minus 5.22% compared to January - July 2022) and in Cluj -1,842 (minus 1.07%), Constanta - 1,731 (minus 5.15%) and Timis - 1,715 (minus 7.85%) counties.Conversely, the fewest deregistrations were recorded in the counties of Ialomita - 231 (down 31.45% compared to the first seven months of 2022), Covasna - 277 (minus 18.77%) and Giurgiu - 300 (minus 27.36%).The most significant increases in the number of deregistrations were recorded in the counties of Dambovita (plus 20.45%), Botosani (plus 16.90%) and Bacau (plus 16.88%).During the period under review, the largest decreases in the number of deregistrations were recorded in the counties of Ialomita (minus 31.45%), Giurgiu (minus 27.36%) and Ilfov (minus 22.43%).By sector of activity, the highest number of deregistrations was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles - 9,750 (minus 12%, compared to January - July 2022), professional, scientific and technical activities - 3,345 (minus 2.22%) and transport and storage - 3,226 (plus 1.38%).In July 2023, 4,437 companies were deregistered, most of them in Bucharest (830) and in the counties of Constanta (208), Timis (181) and Cluj (176).
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
