The number of companies that suspended their activity in the first quarter of 2025 was 5,028, down 16.4% compared to the same period in 2024, according to data published by the National Trade Register Office (ONRC).The most companies that suspended their activity were from Bucharest, respectively 570 (a number down by 21.05% compared to the first three months of 2024), the Capital being followed by the counties of Cluj, with 310 suspended companies (minus 6.91%), Bihor - 245 (plus 3.38%), Iasi - 226 (minus 15.67%), Neamt - 211 (plus 11.05%), Sibiu - 198 (minus 4.81%), Suceava 193 (plus 19.14%) and Brasov - 191 (minus 28.73%).At the opposite pole, the fewest suspensions were recorded in the counties of Caras-Severin - 28 (minus 46.15% compared to January-March 2024), Ialomita -31 (minus 18.42%), Mehedinti - 35 (minus 32.69%), Teleorman - 36 (minus 18.18) and Covasna 38 (plus 8.57%).The largest increases in the number of suspensions were recorded in the counties of Gorj (41.46%), Vrancea (28.22%) and Calarasi (plus 22.41%), while the most significant decreases were recorded in the counties of Dambovita (minus 61.08%), Galati (minus 48.72%) and Caras-Severin (minus 46.15%).By activity area, the largest number of suspensions was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles, respectively 818 (minus 41.78% compared to January-March 2024), construction 360 (minus 36.2%) and in professional, scientific and technical activities - 329 (minus 47.36%).For the month of March, 1,721 suspensions of activity were communicated, most in Bucharest (214) and in the counties of Cluj (131), Neamt (77) and Sibiu (75).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
