Almost 50,000 companies vanished from Romania in the first seven months of 2018

In the first seven months of 2018 48,532 companies have disappeared from the business environment. According to the National Trade Register Office (ONRC) statistics the number is 2.04 percent higher than the same period of 2017.

Most of the dismissals were recorded in Bucharest – 7,500 companies (9.29 percent fewer than the first seven months of 2017) and in the counties of Cluj – 2,063 (minus 8.07 percent), Timis – 1.981 (plus 11.04 percent) and Iasi – 1.951 (minus 5.29 percent).

On the opposite side, the least number of councilors was recorded in the counties of Ialomita – 340 (with 11.48 percent more compared to the similar period of 2017), Covasna – 351 (minus 16.63 percent) and Călăraşi – 377 (minus 17.51 percent).

The most significant increase in the number of workers was recorded in the counties of Dambovita, 46.62 percent, Giurgiu, 32.89 percent and Botosani, 32 percent.

By field of activity, the largest number of workers was recorded in the wholesale and retail trade, repair of motor vehicles and motorcycles – 13,135 (plus 8.41 percent over the first seven months of last year), agriculture, forestry and fishing – 5,915 (plus 32.68 percent) and construction – 4,109 (plus 10.28 percent).

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In July, 6.784 companies were radiated, most of them in Bucharest – 1,008 and Cluj – 322, Timis – 304 and Bihor – 301 counties.