The number of insolvency procedures in the first quarter is 1,065, most of which were opened in Bucharest, then in Bihor, Cluj, Ilfov, Iasi, Hunedoara and Prahova counties, Anca - Daniela Safta, deputy general director of the National Trade Register Office (ONRC), said on Wednesday."In the first three months of 2025, the number of insolvency procedures is 1,065, most of which were opened in Bucharest, respectively 272, followed by Bihor counties, with 78 insolvencies, Cluj, with 70, Ilfov, with 45 and Iasi, with 42 insolvencies, then Hunedoara and Prahova, both with 35 insolvencies each," mentioned Anca - Daniela Safta, at the 3rd edition of the debate "Restructuring - a measure to prevent insolvency".At the opposite end, the fewest insolvencies registered in the first three months of this year are in Teleorman and Harghita counties, respectively four insolvencies each.
The magic of Disney returns to Bucharest as Aladdin – Live to Film Concert takes the stage at Sala Palatului on October 10. Romanian audiences are invited to relive one of Disney’s most beloved animated classics in a special musical and cinematic experience. The original 1992 Aladdin film will be projected in full on a […]
The UNESCO Global Geopark Ținutul Buzăului in Romania has inaugurated a new interactive visitor center in the village of Bozioru, offering a modern and immersive experience into the region’s unique geological and cultural past. Named Povestea Trovanților/The Trovants’ Story, the center tells the secrets of the mysterious stone formations known as trovants and the prehistoric […]
Pluxee, a global player in employee benefits and engagement, announced the signing of an agreement to acquire MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering of employee benefits. The transaction builds on a partnership between the two companies. The deal is subject to approval by the Romanian regulatory […]
OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately...
Romanian president Nicușor Dan, along with prime minister Ilie Bolojan and other officials, participated at a reception on Wednesday, July 2, to mark the US Independence Day. During the reception, they underlined the importance of the relationship between Romania and the US. The Romanian president noted that the United States is Romania's most important ally […]
Romanians spent roughly EUR 40 billion in large retail chains last year, representing an increase of 7.1% year-over-year. The 2024 growth rate marked a slowdown compared to 2023 (+11.1% vs. 2022) but remained above inflation, according to the Romania Retail Snapshot 2025 produced by real estate consultancy company Cushman & Wakefield Echinox. Major food stores […]
