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).
Nicușor Dan, the former mayor of Bucharest, will officially take office as Romania’s new president on Monday at noon during a joint session of the Chamber of Deputies and the Senate at the Palace of Parliament. The date and time were confirmed on Thursday, May 22, by Romania’s Joint Standing Bureaus of Parliament, shortly after […]
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Licensed in the autumn of 2023 by the Financial Supervisory Authority (ASF) and launched for trading in January 2024, Stock.estate reports a total of over EUR 1 million in investments attracted into local real estate assets. Stock.estate is a crowdfunding platform—the first of its kind authorized by the ASF in Romania and the only operational […]
AGISTA, the Romanian growth equity alternative investment fund backed exclusively by private capital, has received authorization from the Financial Supervisory Authority (ASF). This milestone enables AGISTA to expand access to capital for high-potential Romanian companies and to actively contribute to the development of the local private equity ecosystem.. The decision confirms AGISTA’s...
Neversea Kapital unveiled the first artists that will perform at Bucharest's National Arena on July 4-6. First names include Charlotte de Witte, Axwell (of Swedish House Mafia), Alok, and Korolova. Joining them are Salvatore Ganacci, Lost Frequencies, Deborah De Luca, Nina Kraviz, Claptone, Sickick, MËSTIZA, Kshmr, Don Diablo, Steve Aoki, Kaaze, Nervo, and Mau P. Made […]
Romania’s famous Constanța Casino has reopened for visitors after renovation work that lasted five years and cost RON 200 million (EUR 39.5 million). The landmark building is already open and can be visited for free until Sunday, May 25, with a reservation, as part of the city’s celebrations. The first visitors were met with a […]
