The number of companies and authorised natural persons (PFA) that entered insolvency in the first four months of 2025 was 2,214, a decrease of 12.35% compared to the same period in 2024, when 2,526 insolvencies were recorded, according to data published on the website of the National Trade Register Office (ONRC).The highest number of insolvent companies and PFAs was recorded in Bucharest - 478, a decrease of 2.45% compared to the first four months of 2024.Following in the insolvency rankings were the counties of: Bihor - 170 insolvencies (down 23.42%), Cluj - 160 (down 17.10%), Ilfov - 116 (up 20.83%), Timis - 98 (down 32.41%), Prahova - 79 (up 12.86%).At the other end of the spectrum, the fewest insolvency cases were recorded in: Harghita - 5 (same as January-April 2024), Covasna - 9 (down 40%),Teleorman - 10 (down 47.37%), Vaslui - 11 (down 15.38%), Gorj - 14 (down 36.36%).By sector of activity, the highest number of insolvencies occurred in: wholesale and retail trade; repair of motor vehicles and motorcycles - 555 cases (down 18.04% from early 2024), construction - 433 (down 17.21%), transport and storage - 269 (up 0.37%), manufacturing industry - 231 (down 19.51%).In April 2025 alone, 586 insolvencies were recorded, most of them in: Bucharest - 108, Cluj - 53, Bihor - 41, Ilfov - 31, Timis - 26.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
