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).
Environmental non-governmental organization WWF-Romania (World Wide Fund for Nature) recently warned that the Danube Delta could lose 2,500 hectares to intensive agriculture. The warning was issued on February 2, World Wetlands Day, and concerns the Carasuhat area in the Danube Delta. This is a region that was partially restored through a European project funded with […]
Far-right and pro-Russian politician Călin Georgescu, who shot from obscurity to the forefront of Romanian politics in the now-canceled presidential elections, called for Romanians to boycott supermarkets on February 10. In his call, Georgescu gave the example of Croatia, where...
The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, collected nearly EUR 200 million through a “three-tiered pyramid scheme,” according to prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT). A large-scale DIICOT operation was underway in the Nordis case on Monday, February 3, with dozens […]
Cristina Caramizaru, expert with over 20 years of experience in executive search and leadership advisory, joins Selion Global Romania as Partner. Launched in Romania in 2024 by Filip Nemteanu and Mihai Bajan, Selion Global Romania is the local branch of an international executive search and leadership consulting firm, dedicated to promoting organizational excellence through tailored […]
Production volumes fall at quickest rate on record (since July 2023) Softer drop in new orders signaled Sharp decrease in purchasing activity supports stock reduction The latest BCR PMI® data showed the decline in the Romanian manufacturing sector deepening. Operating conditions deteriorated to the largest extent across the survey history to-date in January, with the […]
Romanian finance minister Tanczos Barna recently stated that the government will regulate the local cryptocurrency market, forcing all companies to obtain an authorization to operate. Barna admitted that at the moment the state does not know the real size of the cryptocurrency market in Romania. “We will have a real dimension after we require all […]
