Romanian Business Ecosystem Shows Resilience Despite High Churn Rate in November 2025
Romania’s business landscape demonstrated continued resilience in November 2025, with new company registrations outpacing business exits despite a significant churn rate. The data reveals a complex picture of business dynamics, with certain sectors showing remarkable growth while others face challenges.
Business Churn and Health Metrics
In November 2025, Romania recorded 15,051 new business registrations , while 12,535 businesses exited the market through various lifecycle events . This resulted in a net positive growth of 2,516 businesses .
The business churn rate stood at 83.28% , indicating that for every 100 new businesses registered, approximately 83 businesses exited the market. Despite this high churn rate, the health ratio of 1.2 shows that registrations exceeded exits by 20%, suggesting overall ecosystem health.
Lifecycle Event Breakdown
Business exits occurred through three main channels:
- Deregistrations: 6,320 businesses
- Dissolutions: 4,888 businesses
- Suspensions: 1,327 businesses
Year-over-year comparisons show mixed trends in lifecycle events. Suspensions decreased by 16.91% compared to November 2024 , while dissolutions increased by 11.75% . Deregistrations showed a significant decrease of 13.34% .
Regional Distribution of Business Exits
Bucharest led in both dissolutions (945 businesses) and suspensions (169 businesses) in November 2025 (sources: get_regional_lifecycle_data(year=2025, month=11, event_type=‘dissolutions’, limit=10)[’top_counties’][0][‘count’] and get_regional_lifecycle_data(year=2025, month=11, event_type=‘suspensions’, limit=10)[’top_counties’][0][‘count’]). Other counties with significant business exits included Cluj, Timiș, and Ilfov, reflecting their larger business populations.
Sector Analysis: Growth vs. Vulnerability
The data reveals distinct patterns across economic sectors:
High-Growth Sectors:
- Transport and Storage: Leading with 3,053 registrations, showing explosive 68.67% year-over-year growth
- Manufacturing: 1,604 registrations with remarkable 258.04% year-over-year growth
- Hotels and Restaurants: 684 registrations with 33.33% growth
Stable Sectors:
- Construction: 1,142 registrations with modest 2.51% growth
- Information and Communications: 980 registrations with 6.29% growth
Sectors Showing Decline:
- Professional, Scientific and Technical Activities: 1,233 registrations but showing a 5.01% decrease
- Real Estate Transactions: 426 registrations with an 8.19% decrease
Monthly Comparison and Entity Type Analysis
November 2025 saw a 5.18% decrease in registrations compared to October 2025 , with 15,051 registrations versus 15,874 in the previous month.
Limited Liability Companies (SRLs) continued to dominate the business landscape with 9,582 registrations , followed by Individual Enterprises (PFAs) with 5,068 registrations .
Business Ecosystem Health Assessment
The Romanian business ecosystem shows signs of healthy dynamism despite the high churn rate. The positive net growth of 2,516 businesses and health ratio of 1.2 indicate that new business formation continues to outpace exits. The decrease in suspensions and deregistrations year-over-year suggests improved business conditions or more efficient regulatory processes.
However, the increase in dissolutions warrants monitoring, as it may indicate businesses facing structural challenges or owners choosing formal closure over temporary suspension. The concentration of exits in major urban centers like Bucharest reflects both the density of business activity and potentially higher competitive pressures in these markets.
The sectoral analysis reveals a shift toward production and logistics-oriented businesses, with manufacturing and transport showing exceptional growth. This may indicate broader economic trends toward industrial development and supply chain optimization.
Overall, while the business churn rate remains high at 83.28%, the ecosystem demonstrates resilience through continued net positive growth and a balanced health ratio. The data suggests a dynamic business environment where creative destruction operates alongside steady new business formation, characteristic of a maturing market economy.