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.
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
Maia Sandu, Donald Trump, and Emmanuel Macron are the international leaders who enjoy the greatest trust among Romanians, according to a poll conducted by Avangarde. The survey, carried out between September 8–14, shows Romanians’ perceptions of the country’s direction, international political leaders, global institutions, and certain foreign policy topics. The opinion poll revealed that the world […]
Former presidential candidate Călin Georgescu was sent to trial on charges of complicity in an attempted coup, alongside alleged paramilitary leader Horațiu Potra and 20 other people, Biziday.ro reported. He also allegedly benefited from hybrid warfare operations coordinated by Russia during the country’s 2024 presidential election crisis. Romania’s presidential election
A caravan of 150 cyclists, 90 cars and 25 motorbikes covered 830 km at the Tour of Romania, the most important local cycling competition, organized between 10 and 14 September by the Romanian Cycling Federation, together with the National Agency for Sports and Auchan Romania, the main co-organizing partner. In addition to the elite sports […]
