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).
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
