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 construction volume index in Romania increased markedly in Q3 by 12.1% q/q in seasonally and workday adjusted data, according to data published by the statistics office INS. All market segments gained momentum, but that of non-residential buildings stood out with a major 14.4% q/q surge. The outstanding performance in Q3 may have something to […]
Romania will travel to Turkey on March 26 for the semi-final of the 2026 World Cup play-offs, a match set against a backdrop of numbers that highlight both history and familiarity between the two sides. According to the
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
