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's current account (CA) deficit has narrowed marginally (-1.2% y/y) to EUR 2.66 billion in August 2025, bringing the CA gap in 12 months to August to EUR 29.6 billion (+17% y/y), or 8.1% of GDP, according to data published by the National Bank. The CA gap to GDP ratio thus eased slightly from 8.2% […]
PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by PepsiCo in the Eastern Balkans. The fully automated line has a production capacity of up to […]
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users...
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the […]
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day, […]
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
