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Romanians set up 23 percent more firms, Bucharest Exchange soars

Staff Writer | June 19, 2017
omanians set up 63,374 firms in the first five months of 2017, up by 23 percent compared with the same period of 2016.
Bucharest Exchange
Europe   During January-May
This is especially due to the increase by almost 24.2 percent of limited liability companies (SRL), according to the statistics published on Friday by the National Trade Registry (ONRC).

During January-May, in Romania there were 51,510 newly registered firms, according to

In the first five months, the number of new SRLs increased by 24.2 percent compared with the same period of 2016, to 43,495.

SRLs represent 68.6 percent of the overall newly registered firms during January-May.

The number of newly registered sole traders went up by 12.2 percent in the first five months of this year, to 11,565, after a drop in 2016.

The value of share transactions on the Bucharest Stock Exchange (BVB) went up by 24.89 percent compared to the pervious week, totaling RON 276.29 million, a survey by Intercapital Invest shows.

The most important trade exchanges involved BRD-SG (BRD), worth RON 44 million, followed by trading of Banca Transilvania shares (TLV), worth RON 36,35 million, Romgaz (SNG) , worth RON 30,41 million, OMV Petrom (SNP), worth RON 27,65 million and Fondul Proprietatea (FP), RON 26,74 million.