The profits recorded by the companies that are active on the gambling market in Romania have decreased ten-fold, down to the value of 187 million RON, in 2020, from over 1 billion RON, the year previously, shows an analysis conducted by the specialists of the termene.ro specialty platform.At the same time, the local gambling market recorded a decline of approximately 50 pct, superior as a share even to the HoReCa industry, which only contracted 30 pct.According to termene.ro, in terms of value, the year 2020 meant a drop in income, from 10 billion RON (value recorded at the level of 2019) to 5.13 billion RON (value recorded at the end of 2020). In 2018, the income of companies that are active in this domain was of 9.16 billion RON.In what regards the human resource, the drastic drop in income resulted in the decrease in the number of employees, from 27,600 in 2019 to fewer than 18,400 in 2020.From the point of view of companies that reported financial situations for each year analyzed, the trend is, also, dropping. Thus, for 2018 there were 924 companies that submitted financial situations, in 2019 their number dropped to 828, and in 2020 only 645 entities submitted annual financial data.Termene.ro is a company established in 2014 out of the wish to allow companies to identify business opportunities and a correct evaluation of risk for more prosperous business, offering an intuitive and easy-to-use platform.Up to now, over 70,000 companies have access to the complete platform that offers real-time information on financial and legal data for companies in Romania.
Every year, on the third Thursday of November, France celebrates the arrival of the Beaujolais Nouveau — the first wine of the harvest, young, fresh, and full of life. This joyful tradition has become a global symbol of conviviality, elegance, and the French art de vivre. In Bucharest, the celebration continues this year with an […]
The Romanian Football Federation (FRF) announced Bucharest’s candidacy to host the Europa League final in 2028 or 2029 at the National Arena, according to the FRF official website. The Europa League final represents a high-profile sporting event on a European scale. Istanbul will host the Europa League final in 2026, followed by Frankfurt in 2027. […]
Three cats from Romania received the top distinctions during the 2025 World Cat Championship held in Bucharest. Wild Forest’s Nordri, an imposing white Norwegian Forest Cat born in Romania, conquered the supreme title of 2025 World Champion, defeating over 750 cats from 35 countries. Nordri’s son, Wild Forest’s Quasar, aged 7 months, was also named […]
A report by the Romanian Court of Accounts, conducted between April and November 2024, which analyzed the organization and functioning of communes and small towns in relation to the population served, shows that, depending on the number of inhabitants, many towns and communes no longer meet the criteria for inclusion in their respective categories. According […]
An association of construction companies from Romania and Bulgaria has won the contract for building the first section of the A8 Târgu Neamț – Iași – Ungheni highway, with a bid of 4.76 billion (EUR 936 million). The contract for the 27-kilometer road can be signed within ten days if no appeals are filed. “The […]
The organizer of the march commemorating 10 years since the Colectiv club fire tragedy, Marian Rădună, was fined RON 3,000 (EUR 600) by the gendarmes because the demonstration exceeded 11:00 PM, the time set in the authorization. Approximately 200 people participated on Thursday, October 30, in the march commemorating 10 years since the tragedy at […]
