The number of commercial companies and authorized individuals (PFAs) that became insolvent in the first ten months of this year was 5,896, an increase of 9.63% compared to the similar period in 2023, when 5,378 insolvencies were registered, according to the data on the website of the National Registry Office of Commerce (ONRC).The most companies and PFAs that filed for insolvency between January 1 and October 31, 2024 were registered in Bucharest, respectively 1,053, a number down by 2.86% compared to the first ten months of 2023.On the following places in the classification of insolvencies are the counties of Bihor, with 486 insolvencies (plus 6.11%), Cluj - 398 (plus 23.99%), Timis - 351 (plus 33.46%), Iasi - 247 (plus 20 .49%) and Ilfov - 228 (plus 20.63%).The fewest insolvencies were recorded in the counties of Covasna - 24 (plus 11.11%), Harghita - 26 (plus 13.04%), Mehedinti - 32 (plus 14.29%) and Vaslui - 34 (minus 2, 86%).By field of activity, the largest number of insolvencies was recorded in wholesale, retail, motor vehicle and motorcycle repair, respectively 1,547 (plus 6.69% compared to the first ten months of 2023), construction - 1,212 (plus 12.74 %) and in the processing industry - 696 (plus 7.91%), hotels and restaurants - 452 (15.8%).In October 2024, as many as 777 insolvencies were recorded, with most of them in Bucharest (141), Bihor (54), Cluj (45) and Timis (66).
Romanian-born film star Sebastian Stan is set to join director Radu Jude in a new project. The movie will reportedly be titled "Frankenstein in Romania," according to The Hollywood Reporter. Jude’s latest film, "Dracula," premiered at the Locarno Film Festival on Sunday, August 10, and tackles the much-depicted figure in another light. He is also […]
More than 470,000 people attended the 10th edition of Untold in Cluj-Napoca, central Romania, held over four days and featuring performances by international and Romanian artists. Organizers said this edition marked the end of the festival’s first decade and announced the launch of Untold One, set for 2026. The final night on August 10 drew […]
Standing at the foot of the world’s highest mountain is a dream for trekkers worldwide. But planning the journey isn’t just about fitness or gear—it’s also about budgeting wisely. The Everest Base Camp trek cost can vary greatly, and without clear guidance, travelers often face unexpected expenses that disrupt their plans. Whether you’re a budget […]
Romanians and citizens from 11 other countries can benefit from visa-free tourist visits of up to 45 days in Vietnam starting August 15, 2025. The new program is valid until August 14, 2028, according to Agerpres. Passport holders from Belgium, Bulgaria, the Czech Republic, Croatia, Switzerland, Luxembourg, the Netherlands,...
The Romanian Football Federation (FRF) has unveiled a special tricolor kit designed for dogs, allowing pet owners to cheer for the national team alongside their four-legged friends during this autumn’s matches. Inspired by the team’s traditional colors, the new bright yellow model is made specifically for canine supporters who want to match the rest of […]
Romanian venture capital fund Early Game Ventures has announced a seed investment of EUR 1 million in Orbital Matter, a promising space-tech startup specializing in advanced construction technology for use in space. With the new investment, the startup aims to reach TRL 8, the “flight-qualified” certification, during its next product launch into space. Orbital Matter […]
