While Cluj and Sibiu are busy with large film and theater events, Bucharest has numerous outdoor events, music festivals, and themed film programs.
Romanians between the ages of 35 and 44 are at the top of the list when it comes to launching new companies in 2023, especially in the IT sector, according to a specialized analysis published on Friday.The data analyzed by StartCo, a platform specialized in online company establishment and management services, reveals that Bucharest continues to be a central hub for start-ups, closely followed by Cluj-Napoca and other regional cities.According to the quoted source, 30% of the newly established natural legal persons (PFA)s between January and October 2023 are in the technology area, and over a quarter (26.6%) are with an IT profile.Other fields offering opportunities for starting a business are: Online trade (20.58% of newly established companies and 9.16% of PFAs), Marketing & Consulting (11.32% of new businesses and 12.79% of PFAs) and Alternative Education (7.54% of the newly established PFAs).Most of the start-ups opened in 2023 through StartCo (39.46%) were registered in Bucharest, while Cluj-Napoca claimed the title of regional leader, with a share of 10.75% , with a small difference compared to the cumulative percentage for three other important cities, respectively: 12.3% of the new businesses have their headquarters in Iasi, Timisoara or Brasov.The Romanians' appetite to have their own business is highest in the 35-44 age range (27.5%), followed by the 45-54 segment (24%), those between 25 and 34 years old (20%), and between 18 and 24 years old (11%).StartCo, the platform through which thousands of start-ups have been opened in Romania to date, also offers services for issuing invoices and online accounting.
While Cluj and Sibiu are busy with large film and theater events, Bucharest has numerous outdoor events, music festivals, and themed film programs.
Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]
With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]
Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]
Contakt, a Romanian mobile accessories retailer operating a nationwide network of 245 stores, has announced plans to list on the AeRO market of the Bucharest Stock Exchange this fall. Roughly 10% of the company’s share capital will be made available to investors during the IPO, with a gradual increase in free float to 30-40% forthcoming. […]
Wizz Air will reopen its base in Suceava, in northeastern Romania, where it will allocate two Airbus A321neo aircraft. With these, the airline will operate a total of 43 aircraft during the winter season in Romania. Wizz Air will also introduce eight routes from Suceava starting in December. Passengers will be able to fly from […]