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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
