The number of the companies and authorised natural persons (PFA) that went into insolvency last year was 6,650, up by only 0.02% against 2022, when there were 6,649 insolvencies registered, according to the data published on the site of the National Trade Registry Office (ONRC).Most companies and authorised natural persons getting into insolvency were registered in Bucharest, namely 1,289, up by 11.8% against the period January – December 2022. Next were the counties of Bihor with 599 insolvencies (+9.91%), Cluj- 391 (-18.03%), Timis -327 (+16.79%) and Constanta -310 (+25%).The fewest insolvencies were registered in Covasna county – 21 (-27.59%), Harghita – 32 (+10.34%), Mehedinti – 37 (-21.28%) and Botosani- 38 (+46.15%).Only in December 2023 were registered 569 insolvencies, most in Bucharest, namely 102.By industry, the highest number of insolvencies was recorded in wholesale, retail trade, motor vehicle and motorcycle repair - 1,781 (minus 2.46% compared to January-December 2022), construction - 1,322 (plus 2.96%) and manufacturing - 795 (minus 6.25%).
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
