The number of insolvent companies and sole traders in Romania decreased by 3.96% in the first nine months of 2023, y-o-y, to 4,578 insolvencies, according to data published on the website of the National Companies Registry (ONRC).Most of the insolvent companies and sole traders were reported in Bucharest (903), up 9.19% from January-September 2022. Next in the insolvency rank are the counties of Bihor, 385 insolvent companies (minus 3.51%) Cluj - 270 (minus 24.16%), Constanta - 217 (plus 16.67%) and Timis - 214 .The fewest insolvencies were recorded in the counties of Botosani - 17 (minus 15%), Harghita - 18 (minus 21.74%) and Covasna - 18 (minus 25.79%).By business fields, the highest number of insolvencies was reported in wholesale, retail, motor vehicle and motorcycle repair, 1,246 (minus 3.41% from the first nine months of 2022), construction - 920 (same as in the same period last year) and in the manufacturing industry - 547 (minus 10.62)In September 2023, 603 insolvencies were recorded, most of them in Bucharest (171) and in the counties of Constanta (32), Prahova (29), Bihor and Cluj (27 each).
Romania closed its 2026 World Cup qualifying campaign with a 7–1 victory over San Marino on Tuesday night, November 18, finishing the year on a high in front of home supporters at the Ilie Oană Stadium in Ploiești. Despite the decisive win, the national team ended Group H in third place, behind winners Austria, who […]
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
