BUCHAREST - Romania’s business landscape demonstrated continued resilience in September 2025, with new company registrations outpacing business exits despite a notable increase in dissolution and deregistration activity, according to the latest business registration data.

Business Churn Analysis

The data reveals a mixed picture for the Romanian business ecosystem. September 2025 saw **14,810 while 12,951 businesses exited the market through suspensions, dissolutions,. This resulted in a net positive growth of **1,859.

However,, indicating that for every 100 new businesses registered, approximately 87 businesses ceased operations.

Year-over-Year Comparison Shows Concerning Trends

The year-over-year comparison reveals significant increases in business exits across all categories:

• Dissolutions surged 73.85% from 3,071 in September 2024 to 5,339
• Suspensions increased 39.95% from 1,134 to 1,587
• Deregistrations rose 25.42% from 4,804 to 6,025

This substantial increase in business exits suggests growing pressure on existing enterprises,, meaning registrations continue to exceed exits.

Regional Concentration of Business Exits

The business exit data shows strong geographic concentration, with Bucharest leading in both dissolutions (1,122) and suspensions (179). Other major urban centers including Cluj, Constanța, and Ilfov also showed significant business exit activity, reflecting their larger business populations and potentially higher competitive pressures.

Industry Performance and Vulnerability

The registration data highlights several robust sectors:

• Wholesale and retail trade led with 18,223 registrations
• Transport and storage showed remarkable growth with 17,828 registrations, representing a 56.7% year-over-year increase
• Professional, scientific, and technical activities maintained strong performance with 10,869 registrations

However, the data also reveals some concerning trends in industry classification methodology, with several major sectors showing zero registrations compared to previous years, suggesting potential data classification changes rather than actual business activity declines.

Entity Type Stability

Limited liability companies (SRLs) continue to dominate the business landscape with 9,343 registrations, followed by authorized physical persons (PFAs) with 4,938 registrations. Individual enterprises (IIs) accounted for 487 registrations, while other entity types showed minimal activity.

Month-over-Month Comparison

Compared to August 2025,, from 11,435 to 14,810 registrations. This seasonal fluctuation is typical in business registration patterns.

Ecosystem Health Assessment

Despite the elevated churn rate, the Romanian business ecosystem demonstrates resilience with:

• Positive net growth of 1,859 businesses
• Health ratio above 1.0 at 1.14, indicating sustainable growth
• Strong performance in key sectors like transport and professional services

The data suggests that while business exits have increased significantly year-over-year, the foundation of the Romanian economy remains solid, with new business formation continuing to drive overall growth. The elevated exit rates may reflect normal market consolidation and competitive pressures rather than systemic economic stress.

Note: Business registration data reflects the dynamic nature of market economies, where business formation and exit are natural processes that contribute to economic evolution and efficiency.