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).
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
