The number of dissolved firms has increased by 15.52% in the first six months of 2024 up to 22,459 against 19,442 in the similar period of last year, according to the data centralized by the National Bureau of Commercial Register (ONRC).Most dissolved firms were in Bucharest, namely 4,722 firms (growing number by 14.64% against the first semester of 2023) and in Ilfov (1,234 plus 41.84%) Constan?a (1,203, plus 34,87%), Cluj (1,183, plus 17,83%), Timis (1,012, minus 0,49%) and Iasi (852, plus 35,67%). At the other end, the fewest dissolved firms were in Covasna county, namely 111 (plus 2.78% against the first six months of 2023), Ialomita (115, similar to the same period of last year),Caras-Severin (144, plus 6.67%), Mehedinti (145, plus 25%) and Calarasi (174,minus 4.92%).The industry with the most business dissolutions from January through June 2024 is wholesale and retail trade, repair of motor vehicles and motorcycles, where 6,085 dissolutions were reported nationwide. Compared to the same period last year, dissolutions in this sector rose by 12.66%. According to the cited source, construction, professional, scientific and technical activities, and manufacturing are other sectors where a large number of company dissolutions were recorded, respectively 2,280 (+26.95%), 2,230 (+16.45%) and 1,881 (+11.43%). In June 2024, there were 3,230 business dissolutions, most of them in Bucharest (684) and in Constanta (205), Cluj (166), Ilfov (152) and Timis (145) counties.
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
