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.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
