The number of companies that suspended their activity in the first nine months of 2024 was 13,481, an increase of 19.29% compared to the same period last year, according to data published by the National Trade Registry Office (ONRC).The highest number of companies that suspended their activity was in Bucharest, with 1,619 (an increase of 20.64% compared to January-September 2023), followed by the counties of Cluj, with 837 suspended companies (up 10.13%), Iasi - 603 (up 26.68%), Bihor - 588 (up 34.55%) and Brasov - 578 (up 10.73%).On the other hand, the fewest suspensions were recorded in the counties of Ialomita - 82 (up 7.89% compared to the first nine months of 2023), Covasna - 96 (up 20%), Gorj - 98 (up 4.26%), Giurgiu - 107 (up 52.86%) and Teleorman - 107 (up 1.9%).The largest increases in the number of suspensions were recorded in the counties of Dambovita (up 77.72%), Tulcea (up 58.11%) and Giurgiu (up 52.86%), while decreases occurred only in the counties of Caras-Severin (down 5.69%), Calarasi (down 3.33%), Vaslui (down 1.62%) and Satu Mare (down 0.51%).By sector, the highest number of suspensions occurred in wholesale and retail trade, repair of motor vehicles and motorcycles, with 3,134 (up 4.5%), followed by professional, scientific, and technical activities - 1,238 suspensions (up 12.75%), and construction - 1,210 suspensions (up 41.19%).In September 2024, 1,134 suspensions were recorded, the highest numbers being in Bucharest (115), Constanta (112), Iasi (57), Cluj (48) and Sibiu (45).
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
