The number of dissolved companies increased by 19.56% in the first five months of this year, to 13,694, compared to 11,454 in the same period of 2021, according to data centralized by the National Office of the Trade Register (ONRC).The most dissolutions were registered in Bucharest, respectively 2,551 companies (increasing by 19.82%), and in the counties of Constanta (686, + 28.46%), Cluj (658, + 34.01%), Timis (600, + 12.36%) and Ilfov (568, + 32.71%).At the opposite end, the least dissolutions of companies were recorded in Ialomita, respectively 65 (+ 1.16%), Covasna (75, + 2.6%), Mehedinti (86, + 26.47%) and Calarasi (95, + 5.56%).The field of activity that registered the most dissolutions of companies, in the first four months of this year, is the wholesale and retail trade, repair of motor vehicles and motorcycles, where 4,243 dissolutions were registered at national level. Compared to the similar period of the previous year, the dissolutions in this sector increased by 24.03%.According to the quoted source, constructions, professional, scientific and technical activities as well as the manufacturing industry are other fields of activity where a large number of company dissolutions were recorded, namely 1,261 (+ 18.52%), 1,201 (+ 8.10%), respectively 1,194 (+ 17.64%).
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
