The number of companies that suspended their activity in 2023 was 16,335, up 4.04% compared to the previous year, according to data published by the National Trade Registry Office (ONRC). Most companies that suspended their activity were from Bucharest, namely 1,979 (up 13.61% compared to 2022), the capital being followed by Cluj county, with 1,057 suspended companies (up 30.17%), Iasi - 739 (up 7.41%), Brasov - 722 (up 2.27%) and Bihor - 671 (up 12.58%). At the other end of the scale, the fewest suspensions were recorded in the counties of Ialomita - 97 (up 12.79% on 2022), Giurgiu - 96 (down 25%), Tulcea - 101 (down 21.09%) and Covasna - 123 (up 1.65%). By sector of activity, the highest number of suspensions was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles - 3,891 (minus 10.12%), in professional, scientific and technical activities - 1,666 suspensions (plus 13.64%) and information and communication - 1,610 suspensions (plus 38.55%). In December 2023, there were 2,390 suspensions of companies, most of them in Bucharest (306) and in Cluj (157), Bihor (133) and Iasi (122) counties.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]