Bucharest, August 2025 - Romania’s business landscape demonstrated a complex picture in July 2025, with robust new company registrations outpacing business exits but revealing underlying volatility in the entrepreneurial ecosystem. The data shows a business environment where growth continues but at the cost of significant business turnover.

Strong Registration Growth Masks High Churn

Romania recorded 15,168,.

However,, meaning nearly as many businesses exited the market as new ones entered. The total business exits stood at 14,109 companies, comprising 1,829 suspensions, 5,136 dissolutions, and 7,144 deregistrations.

Business Ecosystem Health Metrics

Despite the high churn rate, the business ecosystem maintained positive net growth of 1,059. The health ratio - measuring registrations against exits - stood at 1.08, indicating that for every business that exited, 1.08 new businesses registered.

The year-over-year comparison reveals concerning trends in business exits. Suspensions increased by 65.8%, dissolutions surged by 104.1%,.

Entity Type Analysis Shows Diverging Fortunes

Limited liability companies (SRLs) continued to dominate the business landscape with 10,832 registrations, showing 110.6% growth year-over-year. Individual enterprises (PFAs) followed with 3,886 registrations, experiencing the strongest growth at 148.6% compared to July 2024.

However, some entity types showed vulnerability. Cooperatives (CA) declined by 58.8%, while limited partnerships (SCS) dropped by 71.4%. These trends suggest that simpler business structures like SRLs and PFAs are proving more resilient in the current economic environment.

Regional Concentration of Business Stress

Bucharest led in all categories of business exits, with 251 suspensions, 1,035 dissolutions, and 1,414 deregistrations. Cluj County followed as a significant business hub experiencing substantial turnover, with 158 suspensions, 286 dissolutions, and 424 deregistrations.

Other counties showing high business exit rates included Ilfov, Constanța, and Timiș, indicating that economic centers are experiencing the highest levels of business volatility despite also generating the most new registrations.

Industry Sector Stability Analysis

The wholesale and retail trade sector led registrations with 14,213 companies, followed closely by transport and storage with 14,065 registrations. Professional, scientific, and technical activities showed strong performance with 8,312 registrations.

Transport and storage demonstrated the strongest year-over-year growth at 51.4%, while manufacturing grew by 12.4%. However, agriculture, forestry, and fishing showed a concerning 23.2% decline in registrations compared to July 2024.

Market Implications

The data reveals a business ecosystem characterized by both dynamism and volatility. While the net positive growth of 1,059 companies indicates continued economic expansion, the high churn rate of 93.02% suggests significant business turnover and potential market stress.

The concentration of business exits in major economic centers like Bucharest, Cluj, and Ilfov may reflect competitive pressures and market saturation in these regions. Meanwhile, the strong performance of SRLs and PFAs indicates that smaller, more flexible business structures are adapting better to current market conditions.

The Romanian business environment continues to show resilience with positive net growth, but the elevated churn rates warrant monitoring as they may signal underlying economic pressures that could affect long-term business sustainability.