The number of companies deregistered nationwide increased by 34.14% in the first seven months of 2021, YoY, to 37,667 deregistrations, according to statistics from the National Trade Register Office (ONRC).Most deregistrations were registered in Bucharest - 6,048 (plus 39.71% compared to January-July 2020) and in the counties of Timis - 1,781 (plus 51.70%), Cluj - 1,636 (plus 24.70%) and Constanta - 1,603 (plus 31.29%).The counties with the fewest deregistered businesses were Ialomita - 289 (up by 55.38% compared to the first seven months of last year), Calarasi - 321 (plus 44.59%) and Teleorman - 334 (plus 20.14%).The most significant increases in the number of deregistrations were registered in the counties of Alba (plus 69.66%), Covasna (plus 60.49%) and Olt (plus 57.14%). During the analyzed period, there were no decreases in the number of deregistered companies.By fields of activity, the highest number of deregistrations was registered in wholesale and retail trade, repair of motor vehicles and motorcycles - 10,307 (plus 36.57% compared to January-July 2020), construction - 3,491 (plus 32.69 %), professional, scientific and technical activities - 3,166 (plus 35.18%) and agriculture, forestry and fishing - 3,090 (plus 55.12%).In July 2021, as many as 5,102 deregistrations of companies were recorded, most of them in Bucharest (895) and in the counties of Timis (240), Cluj (226) and Constanta (215).
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]