A total of 38,332 companies were deregistered nationwide in the first seven months of 2023, 6.52% fewer than in the same period last year, according to statistics from the National Trade Register Office (ONRC).The most deregistrations were recorded in Bucharest - 6,195 (minus 5.22% compared to January - July 2022) and in Cluj -1,842 (minus 1.07%), Constanta - 1,731 (minus 5.15%) and Timis - 1,715 (minus 7.85%) counties.Conversely, the fewest deregistrations were recorded in the counties of Ialomita - 231 (down 31.45% compared to the first seven months of 2022), Covasna - 277 (minus 18.77%) and Giurgiu - 300 (minus 27.36%).The most significant increases in the number of deregistrations were recorded in the counties of Dambovita (plus 20.45%), Botosani (plus 16.90%) and Bacau (plus 16.88%).During the period under review, the largest decreases in the number of deregistrations were recorded in the counties of Ialomita (minus 31.45%), Giurgiu (minus 27.36%) and Ilfov (minus 22.43%).By sector of activity, the highest number of deregistrations was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles - 9,750 (minus 12%, compared to January - July 2022), professional, scientific and technical activities - 3,345 (minus 2.22%) and transport and storage - 3,226 (plus 1.38%).In July 2023, 4,437 companies were deregistered, most of them in Bucharest (830) and in the counties of Constanta (208), Timis (181) and Cluj (176).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
