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).
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled "Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22, […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
