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 exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
