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.
Booking Holdings Romania, Servier Pharma, JYSK Romania, Schneider Electric, and Deichmann are the most appreciated companies by their own employees, according to Top Employers Undelucram.ro 2025. The list is based exclusively on feedback from employees rather than public image or marketing perception. The ranking made by Undelucram.ro, a leading online employee community in Romania, is […]
The Romanian Patriarchate announced the visiting schedule for the National Cathedral in Bucharest following the conclusion of an 11-day pilgrimage that drew hundreds of thousands of worshippers. Access for pilgrims to the Holy Altar is set to end at midnight on Wednesday, November 5, after continuous day-and-night visitation. According to the official announcement, the National […]
Prosecutors and police officers in Romania conducted 14 searches on Wednesday, November 5, in a case concerning fraud, forgery of official documents, computer forgery, and unauthorized practice of a profession or activity. Specifically, prosecutors say several doctors from the Republic of Moldova who already practice in Romania did not actually complete their residency. Although they […]
Romania has reached a purchasing power per capita of EUR 11,105, approximately 45% below the European average – a figure that places the country in 31st place in the European top, according to the "NIQ Purchasing Power Europe 2025" study. Compared to 2024, Romania moved up one position in the NIQ ranking. Comparatively, at a […]
Ionuț Costea, former head of EximBank, and Sebastian Vlădescu, former finance minister, were released on November 5 following an extraordinary prescription procedure, according to a statement from Romania's High Court of Cassation and Justice (ICCJ). The two had been sentenced in 2023 to six and seven years in prison, respectively, for taking a EUR 5.5 […]
Prime minister Ilie Bolojan, who also serves as president of the Liberal Party (PNL), stated on November 4 that, at the meeting of the party's National Political Bureau the same day, support was renewed for resolving the issue related to special (magistrates') pensions this month, but also for the reform in public administration, according to
