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 Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
Cluj-Napoca, in western Romania, will host next year the first edition of the Central European Olympiad in Artificial Intelligence (CEOAI), an annual competition for secondary school students, Edupedu.ro reported. The event will be held from July 14 to July 19, 2026, at Babeş-Bolyai University in Cluj. The...
Romania has issued more than 217,000 temporary protection permits to Ukrainian citizens since the start of the war, while a total of 4,534 Ukrainians have applied for asylum in the country, according to data released by the General Inspectorate for Immigration (IGI) and quoted by Agerpres. The IGI reported that between...
Tekpon, a Romanian-founded software solutions marketplace, announced that it acquired the TNW (The Next Web) brand from The Financial Times. The deal targets full ownership of the TNW media and events brands, which cover and convene the European technology ecosystem, from the FT. “The transaction is Tekpon’s largest investment in media and events so far. […]
In a market shaped by shrinking supply, rising capital and shifting global flows, North Bucharest Investments is positioning itself at the center of Bucharest’s next residential cycle. For CEO Vlad Musțeată, 2026 is not a year to watch from the sidelines, but “one of the clearest buying windows of the past decade” for disciplined investors […]
