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).
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
