The number of companies that suspended their activity was 6,945 during the first 7 months of 2021, going up by 12.43%, when comparing with the similar period of last year, according to the data published by the National Trade Register Office (ONRC).By activity areas, the largest number of suspended companies was registered in retail and wholesale, repair of motor vehicles and motorcycles, namely 1,959 (+14.96%), other service activities - 776 (+14.79%) and in professional, scientific and technical activities - 557 (+8.37%).In July 2021 there have been 902 companies suspended, most of them in Bucharest (103) and the counties of Cluj (46), Teleorman and Neamt - 40 each, and Bihor (39).
The Constitutional Court of Romania (CCR) has explained that the legal obligation to publish asset and interest declarations on the website of the National Integrity Agency (ANI) violates the right to private life, according to the reasoning of a decision published on June 11. The decision was issued on May 29 and prompted protests from […]
Iulius Group announced plans to develop a third proximity retail center under the Family Market brand in Tomești commune, Iași county, with an estimated investment of EUR 28 million. Construction is scheduled to begin by the end of 2025, with completion expected in the last quarter of 2026. The new development will feature a leasable […]
The negotiations among the four main pro-Western parties in Romania, carried out in Bucharest without the presence of president Nicusor Dan for the past two days, failed to reach even limited agreement on the ruling strategy primarily on the fiscal consolidation package amid radical requests expressed by the Social Democratic Party (PSD) that indicate an […]
A coalition of eleven Romanian business associations, including Concordia, the Foreign Investors Council, Romanian Business Leaders, and various bilateral chambers of commerce, has issued a joint appeal calling on political parties to maintain the country's current tax framework and prioritise structural reform over immediate tax increases. The business groups argue that the focus should be […]
President Nicușor Dan announced Wednesday evening, June 11, that Romania's Supreme Council of National Defense (CSAT) will discuss how to tackle the rapid spread of disinformation online, emphasizing the need for swift responses to false narratives that circulate widely in just a matter of hours,
The largest film festival in the country kicks off this weekend in Cluj, while Bucharest has numerous music festivals going on.
