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.
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
Contakt Express Logistik S.A., the Romanian market leader in accessories for phones and tablets, announces the approval of its Prospectus by the Financial Supervisory Authority and the launch of its initial public offering. Following the successful closing of the offering, the company will be listed on the Bucharest Stock Exchange, on the AeRO Market, under […]
The Romanian Environment Ministry has launched a public consultation on changes to national air quality regulations that would allow residents to see real-time pollution levels, replacing the current system based on 24-hour averages. The draft order updates Order 1818/2020, which defines how air quality indices are calculated and reported nationwide. Environment minister Diana Buzoianu said […]
The Bishop of Cluj-Gherla, Claudiu Lucian Pop, has been appointed as the new Major Archbishop of the Greek-Catholic Church, a position that became vacant following the passing of 94-year-old Cardinal Lucian Mureșan in September of this year. The new leader of the Romanian Greek Catholic Church, or the Romanian Church United with Rome, was elected […]
