Business dissolutions over January - September 2021 were 15.31 pct up from the year-ago period, standing at 22,100 compared to 19,165 in 2020, shows data centralized by the National Trade Register Office (ONRC).Bucharest tops the list with most company dissolutions - 4,012 (up 11.17 pct), followed by the counties of Constanta - 1,099 (+16.79 pct), Timis - 989 (-2.66 pct) and Iasi - 972 (+39.06 pct). The counties with the least number of dissolutions are Covasna - with 128 (+3.23 pct), Mehedinti - 132 (+8.20 pct) and Vaslui - 147 (+12.21).The activity sectors with most company dissolutions in the reporting period were wholesale & retail trade, and the repair of motor vehicles and motorcycles, with 6,739 business shutdowns nationwide, 20.99 percent higher YoY.Professional, scientific and technical activities, as well as construction, are other business fields where a large number of business dissolutions were reported: 2,083 (+13.83 pct), and 2,092 (+10.75 pct), respectively.As many as 2,794 dissolutions were recorded this September, most of them in Bucharest (423) and the counties of Constanta (152), Cluj (125), and Arges (121).
If December were a performance, Corinthia Grand Hotel du Boulevard would be its grand stage. This winter, Bucharest’s newest grand dame has reimagined the festive season not only as decoration, but as storytelling: one told through light, music, architecture and flavour. Inspired by Charles Dickens’ A Christmas Carol, the hotel’s concept unfolds in three chapters […]
The HALO Events Center in Bucharest is set to open the largest event space in Europe equipped with a 360° panoramic LED display within the Romexpo complex. The new location is designed for large-scale, fully digitalized events, and it is the result of an EUR 4 million investment. The venue has a maximum indoor capacity of […]
The concept of the mega-project DraculaLand, a privately funded development exceeding EUR 1 billion that aims to become the largest entertainment, retail, and technology destination in Europe, was recently unveiled. The investment is planned for a 160-hectare site not far from Bucharest and aims to position Romania as a new global hub for large-scale entertainment, […]
FEPRA has opened new PET and glass recycling facilities in Brad, Hunedoara county, an initiative expected to boost the recycling capacity of both the region and Romania. The two units, inaugurated on December 1 in the presence of local authorities, come as Brad–Hunedoara continues to search for long-term economic alternatives after years of industrial decline. […]
Ukraine’s Security Service, or SBU, announced on Wednesday, December 3, that all its “Sea Baby” maritime drones engaged in operational missions in the Black Sea region have been identified, that it has not lost any of them, and that none entered Romanian territorial waters. The announcement came after Romania’s Defense Ministry said in a press […]
Rescuers part of the Brașov County Salvamont Service spent the night in the Bucegi Mountains on Wednesday to Thursday, December 3-4, to continue searches for missing 18-year-old British citizen George Smyth. In the morning, the team of 17 mountain rescuers who slept in a chalet resumed the search in the Țigănești area despite difficult conditions […]
