The number of companies newly established in the EU increased by 4.6% in the 2nd quarter, as compared to the first quarter, and the growth registered in Romania is much higher than the average in the EU show the data published on Monday by Eurostat.According to the data, from one quarter to another, among the EU member states, the highest increases in establishing new companies were registered in the Netherlands (57.7%), Spain (27.6%) and Romania (19%). At the other end, the highest drops in establishing new companies were registered in Denmark (minus 18.2%), Cyprus (minus 8.4%) and Germany (minus 6.2%).In the second quarter of this year compared to the previous quarter, the number of new business start-ups increased in all sectors of the economy except industry, where there was no change. The highest growth was recorded in the transportation (13.1%), computer and communication (8.2%) and financial services (5.2%) sectors. At the same time, the number of insolvencies rose by 1.7% in the European Union in the second quarter of this year compared with the first quarter. Among Member States, the highest increases in insolvencies were recorded in Latvia (70.7%), Cyprus (66.8%), Slovakia (20.1%) and Romania (17.7%), while the largest decreases in insolvencies were recorded in Estonia (minus 28.7%), Spain (minus 8.3%) and Sweden (minus 8.1%). Across the EU, insolvencies rose in four sectors of the economy, while four other sectors saw a fall. The largest increases were recorded in the computer and communication (13.6%) and construction (8.1%) sectors, while large decreases in insolvencies were recorded in the accommodation and food services (minus 7.5%) and distributive trades (minus 3.7%) sectors.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
