The number of delisted companies at the national level increased by 10.44% in the first ten months of 2022, compared to the same period last year, up to 58,276 delistings, according to the statistics provided by the National Trade Register Office (ONRC).The most deletions were registered in the city of Bucharest - 9,464 (plus 9.94% compared to January-October 2021) and in the counties of Cluj - 2,755 (plus 22.44%), Constanta - 2,559 (plus 9.83%) and Timisoara - 2,540 (plus 6.01%).At the opposite side of the scale, the fewest deletions were recorded in the counties of Calarasi - 481 (up by 5.25% compared to the first ten months of last year), Ialomita - 482 (plus 16.71%) and Covasna - 486 (plus 10.20%).The most significant increases in the number of deletions were recorded in the counties of Tulcea (plus 30.63%), Botosani (plus 23.25%) and Vaslui (plus 22.67%). During the analyzed period, decreases in the number of registered companies were recorded only in the counties of Caras-Severin (minus 15.48%), Braila (minus 9.43%) and Alba (minus 8.81%).By field of activity, the highest number of deletions was recorded in wholesale and retail trade, motor vehicle and motorcycle repair - 15,812 (plus 8.22% compared to January-October 2021), constructions - 5,302 (plus 8.47 %) and professional, scientific and technical activities - 4,830 (plus 9.1%).In October 2022, 6,315 company deletions were recorded, most in Bucharest (1,041) and in the counties of Ilfov (382), Cluj (342) and Constanta (253).
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
