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).
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania's second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current […]
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in […]
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to […]
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu's appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the […]
Update: Prime minister Marcel Ciolacu had his first reaction after Călin Georgescu was brought in for questioning at the Prosecutor's Office. He said that, given the tense electoral context, judicial bodies are obligated to present solid and impeccable evidence in the investigation that also involves a potential candidate in the May elections. He also reiterated […]
