The number of natural and juridical persons registered in the first five months of 2022 dropped by 6.5%, compared to the same period of 2021, to 62,777, of which 46,783 are limited companies, according to data centralized by the National Office of Trade Registrar (ONRC). Most registrations were recorded in Bucharest – 11,623 (plus 14.21%, compared to January-May 2021) and in the counties of Cluj – 3,955 (plus 5.55%), Ilfov -3,184 (plus 5.33%) and Timis – 3,084 (plus 1.21%). At the opposite pole, the smallest number of registrations was in the counties of Covasna – 352 (minus 24.14%, compared to the first 5 months of 2021), Tulcea – 457 (minus 20.66%) and Ialomita -473 (plus 5.58%). According to ONRC, the fields in which most registrations were made are: wholesale and retail trade, vehicle and motorcycle repairs (11,136, minus 20.62% compared to the same period of 2021), constructions (6,980, minus 7.79%) and professional, scientific and technical activities (6,934, plus 18.73%).
Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu. The US imposed tariffs on all countries worldwide, with a "minimum base tariff" of 10%, starting April 5. However, for some countries, the […]
Impact Hub Bucharest, in partnership with EIT Food, has opened the applications for Empowering Women in Agrifood (EWA), an EIT Food acceleration program dedicated to female entrepreneurs and their projects in the agri-food sector. Ten female entrepreneurs from the agri-food sector will benefit from mentoring, training sessions and ongoing support, access to an international community […]
The United States Embassy in Bucharest has announced an update to visa requirements for Romanian citizens wishing to travel to the US, following president Donald Trump's decision to suspend Romania's entry into the Visa Waiver Program. According to the announcement, starting April 7, 2025, all temporary visa applicants must present a printed copy of the […]
Real estate developer Speedwell Development has appointed Yannick Van de Parre as country manager for Romania. In this new role, he will support the co-founders Jan Demeyere and Didier Balcaen with the executive management of Speedwell Romania, “ensuring operational efficiency across all projects and leading the local team as the company continues its growth in […]
Digital Nation and the Ministry of Education and Research have partnered for the implementation of Saro, an AI-based solution, in schools and universities across Romania. The solution will allow students, pupils, and teachers access to an AI-powered assistant designed to address challenges such as school dropout, excessive bureaucracy, declining motivation, the need for personalized learning, […]
The town of Borșa, in northern Romania, is in discussions with the North-West Regional Development Agency to obtain at least EUR 50 million to connect its Olympic ski slope with the old slope in the Runcu Știol area and the one in Prislop Pass, resulting in approximately 25 kilometers of interconnected ski slopes. The funds […]
