According to the financial analysis platform RisCo.ro, the Capital continues to hold the top spot in terms of insolvencies. After registering 217 new insolvency cases in July 2025, the Capital maintained its leading position in August 2025, with 211 new insolvency files opened. Although the figure shows a slight decrease, specialists warn that the upcoming months will be decisive for many Romanian companies and businesses. Moreover, user behavior on the RisCo.ro platform confirms the prevailing sense of uncertainty, reflected in a high number of company searches and checks. In August 2025 alone, 119,200 company checks were conducted on the RisCo.ro platform. “Economic instability forces entrepreneurs to be cautious when choosing business partners, careful in signing contracts, and prudent with company spending. Considering the over 119,000 company checks in August 2025, we noticed that RisCo.ro users are increasingly concerned about financial stability and the risks associated with their partners. From inquiries about company status and financial history to generating risk reports—shareholding, payment incidents, court cases, and financial ratings—users show greater interest in assessing solvency and potential difficulties of the companies they intend to collaborate with,” said Daniela Colnicianu, Sales Director Bucharest at RisCo. Given the significant recent transformations, the use of financial analysis tools is strongly recommended to support the Romanian business environment in making well-informed decisions. RisCo.ro specialists urge entrepreneurs to remain cautious, emphasizing that financial analysis should be a priority, especially now, in the context of a volatile economy. At the national level, 907 insolvency cases were opened in August 2025, representing a slight 6% decrease compared to the previous month. Bucharest, Cluj, Bihor, Timi?, and Ilfov recorded the highest number of insolvency cases in August 2025.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
