The number of companies that suspended their activity in the first ten months of 2023 was 12,523, up 2.76% compared to the same period in 2022, according to data published by the National Trade Register Office (ONRC).The most companies that suspended their activity in the mentioned interval were based in Bucharest, respectively 1,475 (their number increasing by 23.99% compared to January-October 2022), followed by the Cluj-based counties, 826 (an increase by 41.68%), Brasov - 577 (plus 12.04%), Iasi - 541 (plus 0.56%) and Bihor - 484 (plus 2.33%).At the opposite side of the scale, the fewest suspensions were recorded in the counties of Giurgiu - 80 (down 25.23% compared to the first ten months of 2022), Ialomita - 80 (plus 15.94%), Tulcea - 84 (minus 22 .94%) and Covasna - 91 (minus 5.21%).By field of activity, the largest number of suspensions was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles, respectively 3,062 (-11.5%), in professional, scientific and technical activities - 1,232 suspensions (plus 13, 34%) and information and communications - 1,118 suspensions (+38.54%).In October 2023, 1,222 suspensions of companies were registered, the most in Bucharest (133) and in the counties of Cluj (66), Iasi (65) and Brasov (55).
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, […]