The PFA Surge: How Romania's Entrepreneurs Are Reshaping the Business Landscape in February 2026
Romania recorded 13,139 new business registrations in February 2026 — an 8.6% increase over the same month a year earlier. But the headline total, while encouraging, masks a far more consequential story: the composition of those registrations is shifting at a pace not often seen in the country’s post-transition entrepreneurial history. The limited liability company (SRL) — Romania’s bedrock business vehicle for decades — is ceding ground at a striking rate, while the sole-trader form (PFA) is experiencing nothing short of a surge.