Romanians between the ages of 35 and 44 are at the top of the list when it comes to launching new companies in 2023, especially in the IT sector, according to a specialized analysis published on Friday.The data analyzed by StartCo, a platform specialized in online company establishment and management services, reveals that Bucharest continues to be a central hub for start-ups, closely followed by Cluj-Napoca and other regional cities.According to the quoted source, 30% of the newly established natural legal persons (PFA)s between January and October 2023 are in the technology area, and over a quarter (26.6%) are with an IT profile.Other fields offering opportunities for starting a business are: Online trade (20.58% of newly established companies and 9.16% of PFAs), Marketing & Consulting (11.32% of new businesses and 12.79% of PFAs) and Alternative Education (7.54% of the newly established PFAs).Most of the start-ups opened in 2023 through StartCo (39.46%) were registered in Bucharest, while Cluj-Napoca claimed the title of regional leader, with a share of 10.75% , with a small difference compared to the cumulative percentage for three other important cities, respectively: 12.3% of the new businesses have their headquarters in Iasi, Timisoara or Brasov.The Romanians' appetite to have their own business is highest in the 35-44 age range (27.5%), followed by the 45-54 segment (24%), those between 25 and 34 years old (20%), and between 18 and 24 years old (11%).StartCo, the platform through which thousands of start-ups have been opened in Romania to date, also offers services for issuing invoices and online accounting.
Romania was formally designated the 43rd country to join the US Visa Waiver Program (VWP) on Friday, January 10. According to the Romanian ambassador to Washington, Andrei Muraru, Romanian citizens will be able to travel to the US without the need for a visa starting March 31, 2025. "Romania becomes the first country in the […]
Cluj-Napoca, the city in Romania with some of the highest rents and a fast-growing IT industry, is closer to banning smoking in playgrounds and parks after mayor Emil Boc expressed his support for the measure. The mayor cited the prioritization of public health as the reason behind such a ban. He mentioned that he has […]
Romania's Sibiu County Emergency Clinical Hospital will receive a robotic system to prepare cytostatic drugs needed by cancer patients, along with other equipment, after the County Council obtained funds from the European Regional Development Fund. With an estimated value of EUR 1 million, the "Robotic Composition System for Sterile Preparations of Cytostatic Drugs" is among […]
Romania’s government adopted in its January 10 meeting a decision granting an extra day off to public sector employees at the beginning of May. Thus, Friday, May 2, will be an official day off for public sector workers, linking the legal holiday of May 1 (Labor Day) with the weekend (May 3-4). This...
The Ministry of Environment announced that 2024 was the hottest year in the history of Romania's meteorological records. Red alerts for heat waves began in June of 2024, with the longest consecutive periods of persistent and intense heat waves, six consecutive days, between July 13-18 and August 15-20. "The year 2024 is the hottest year...
Supporters of former presidential candidate Călin Georgescu gathered outside the Parliament Palace in Bucharest, which houses the Constitutional Court, on January 10, demanding a rerun of the second round of the presidential elections. The protest, dubbed "The Great Judicial Union," was initiated by Georgescu, who called on his supporters to challenge the election annulment, as […]
