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).
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 […]
