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).
REHAU Window Solutions officially announces the expansion on the market of aluminium window and facade systems and launches on the Romanian market the Iconic W77 system, developed in partnership with Elvial. The new aluminium solutions come as a complement to the portfolio consisting of the classic PVC systems that have won awards over the years […]
Rallies meant to show Romanians’ support for EU membership will take place on March 15 in Bucharest and several other cities. The rallies, held under the name Euromanifest, are not associated with any party or candidate. Instead, they are the result of a civic initiative organized by people who believe in democracy, freedom of expression, […]
IBM announced the opening of a new Innovation Lab in Bucharest in collaboration with Amazon Web Services (AWS). Located at the IBM Client Innovation Centre, the lab is set to serve clients from 22 countries, offering hands-on access to cutting-edge technologies, including agentic AI and generative AI solutions built using Amazon...
Hanul lui Manuc, Carul cu Bere, Curtea Berarilor, and Arcade Cafe, all very well-known restaurants located in Bucharest’s central and touristic Old Town, were temporarily closed by inspectors from the National Authority for Consumer Protection (ANPC). Inspectors found multiple violations, including improper food storage, unsanitary kitchen utensils, and frozen food with ice deposits. Fines totaling […]
Crin Antonescu, the candidate backed by the Romanian coalition made up of the Social Democrats (PSD), Liberals (PNL), and the Hungarians Alliance (UDMR), said he is “unwavering” after submitting his candidacy file for the presidential elections on Sunday, March 9. Antonescu promised he would unite and strengthen the nation in front of supporters and critics, […]
Romania’s National Meteorological Administration (ANM) announced that a mass of air containing Saharan dust will reach Romania starting on Tuesday morning, March 11. Between March 9 and 13, the southwesterly air circulation will favor the advance of an air mass loaded with dust particles of Saharan origin from North Africa towards southeastern Europe and over […]
