42 of 42 territories with values · Relative scale across counties in this selection · square-root spacing, anchored at zero. Colours are recalculated when the selection changes.▧ No data
Romania · all sectors · balance sheets available for 2020
Turnover and jobs, by the companies' current registered office. Pick a county from the list to continue the analysis.
București holds 36.5% of observed sales, with 158,916 companies.
Counties by turnover
Top 8 · 2020 balance sheets · share of the located-county total
613.75B RON36.5%
123.61B RON7.4%
78.41B RON4.7%
68.57B RON4.1%
61.52B RON3.7%
54.03B RON3.2%
47.42B RON2.8%
45.81B RON2.7%
Where the employees are
Top 8 by reported average headcount · share of the located-county total
1,109,64727%
206,4255%
194,0954.7%
193,6864.7%
148,1943.6%
135,2363.3%
133,3503.2%
125,0113%
/02CAEN sectors
Which sectors drive the economy?
Compare the main activities in Romania. Open a sector for details.
In Fabricarea autovehiculelor, ten companies make 100% of sales. In Transport rutier de mărfuri, only 8.7%.
SECTOR RADIOGRAPHY
All sectors · Romania
How much of a sector fits in ten companies?
Concentration extremes among the top 8 sectors by turnover · share of observed sales, not market share
Fabricarea autovehiculelor100%
Transport rutier de mărfuri8.7%
40 sectors · descending orderTurnover · 2020
01
CAEN 4711
Rev.2
Comerț cu amănuntul în magazine nespecializate, cu vânzare predominantă de produse alimentare, băuturi și tutun
Rev.3
Comerț cu amănuntul nespecializat, cu vânzare predominantă de produse alimentare, băuturi și tutun
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
50,210 companies
86.95B RON
Turnover · 2020/2019+7.7%
37,091 comparable
Top 10 companies
61.6%
Top 10 companies
61.6%
02
CAEN 4120
Rev.2
Lucrări de construcții a clădirilor rezidențiale și nerezidențiale
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
44,004 companies
55.51B RON
Turnover · 2020/2019+12.6%
28,222 comparable
Top 10 companies
11.1%
Top 10 companies
11.1%
03
CAEN 4941
Rev.2
Transporturi rutiere de mărfuri
Rev.3
Transporturi rutiere de mărfuri
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
42,957 companies
51.57B RON
Turnover · 2020/2019-1.2%
30,812 comparable
Top 10 companies
8.7%
Top 10 companies
8.7%
04
CAEN 4646
Rev.2
Comerț cu ridicata al produselor farmaceutice
Rev.3
Comerț cu ridicata al produselor farmaceutice și medicale
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
1,779 companies
45.03B RON
Turnover · 2020/2019+8.9%
1,339 comparable
Top 10 companies
47.3%
Top 10 companies
47.3%
05
CAEN 4730
Rev.2
Comerț cu amănuntul al carburanților pentru autovehicule, în magazine specializate
Rev.3
Comerț cu amănuntul al carburanților pentru autovehicule
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
1,276 companies
44.68B RON
Turnover · 2020/2019-20.2%
1,045 comparable
Top 10 companies
86.3%
Top 10 companies
86.3%
06
CAEN 2910
Rev.2
Fabricarea autovehiculelor de transport rutier
Rev.3
Fabricarea autovehiculelor de transport rutier
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
34 companies
30.77B RON
Turnover · 2020/2019-12.3%
24 comparable
Top 10 companies
100%
Top 10 companies
100%
07
CAEN 4511
Rev.2
Comerț cu autoturisme și autovehicule ușoare (sub 3,5 tone)
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
3,478 companies
28.83B RON
Turnover · 2020/2019-14.2%
2,314 comparable
Top 10 companies
50.8%
Top 10 companies
50.8%
08
CAEN 4621
Rev.2
Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat
Rev.3
Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1,537 companies
28B RON
Turnover · 2020/2019+0.5%
1,090 comparable
Top 10 companies
60.8%
Top 10 companies
60.8%
09
CAEN 4690
Rev.2
Comerț cu ridicata nespecializat
Rev.3
Comerț cu ridicata nespecializat
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
7,711 companies
27.47B RON
Turnover · 2020/2019+10.9%
5,763 comparable
Top 10 companies
14.1%
Top 10 companies
14.1%
10
CAEN 2932
Rev.2
Fabricarea altor piese și accesorii pentru autovehicule și pentru motoare de autovehicule
Rev.3
Fabricarea altor piese și accesorii pentru autovehicule și pentru motoare de autovehicule
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
350 companies
27.03B RON
Turnover · 2020/2019-8.4%
289 comparable
Top 10 companies
54.9%
Top 10 companies
54.9%
One company, one main code. Growth uses the same companies in both years; missing values remain "—". CAEN definitions sit next to each name.
/03Performance
What the typical company looks like
Beyond the giants: sales and margin of the company in the middle of the distribution.
The typical company sells 127.93K RON a year and keeps 11.2% of sales as net profit.
Median turnover
127.93K RON
670,639 values available
Median net margin
11.2%
613,100 eligible companies
Aggregate net margin
6.2%
Cumulative profit / cumulative sales, same companies
Profitable companies
55.5%
454,433 of 819,369 with a known result
Distribution of net margins
Companies by margin band · net profit / positive turnover
Loss165,37727%
Zero result1840%
Above 0–2%38,2346.2%
Above 2–5%41,1316.7%
Above 5–10%51,7938.4%
Above 10%316,38151.6%
613,100 companies with a known profit and positive sales; 206,621 excluded. Bands describe margins, not bankruptcy risk.
/04Change
Who grew. Who shrank.
Same companies, two years. Compare the change in sales with the change in jobs.
43.5% of the 586,459 comparable companies sold more in 2020 than in 2019.
Cumulative turnover
-1.4%
586,459 companies with turnover in both years
Median turnover change
-3.9%
Only companies with a positive 2019 baseline
Number of employees
-4%
469,324 companies with employees reported in both years
More sales or fewer?
Number of companies with comparable data, split by direction of change
Growth255,39643.5%
Decline294,88250.3%
No change36,1816.2%
Nominal changes in RON, not adjusted for inflation. Companies without data in one of the years are not compared.
/05Dynamics
Company dynamics, county by county
Growth, survival, concentration, the trade register and state dependence in 2020: the national figure and the counties at both ends, for every map layer.
How much business grew on last year
Turnover change at the same companies · % vs 2020−1
RO -1.4%
Nationally: -1.4% in 2020. Highest values: Bacău (+11.7%), Teleorman (+10.2%), Dolj (+7.3%), Satu Mare (+6.6%), Giurgiu (+5.8%). Lowest: Constanța (-15.3%), Argeș (-12.3%), Sălaj (-9.4%), Gorj (-8.8%), Călărași (-7.8%). 42 counties with data.
The five-year growth pace
Average annual turnover growth at the same companies · % per year, 5 years
The same aggregates as on the map, also available as tables, with a stable citation for every version.
Analysis: DemoANAF.ro · Romania · all activities.
In Romania, the 2020 report covers 819,721 companies with available indicators (all activities). This is the observed sample, not the number of all registered companies.
The median net margin is 11.2% in 2020, computed for 613,100 companies with positive sales and a known net result, including loss-making companies. 206,621 companies do not meet these conditions.
38,234 companies have strictly positive margins of at most 2% (6.2% of eligible companies). 165,377 eligible companies have negative margins.
454,433 of 819,369 companies with a known net result are profitable: 55.5%. The cumulative net result, after subtracting losses, is 104.18B RON.
The cumulative turnover of the 586,459 comparable companies changed by -1.4% between 2019 and 2020, in nominal RON.
Counties · 43
Counties · 2020 balance sheets · values in RON · unknown values are marked "—".
National series independent of CAEN: initiation notices published in 2020, by the authority's current office. Values are estimates, not payments.
Notices and estimated values, 2020
Territory / activity
Notices
Value (RON)
Cite the report
Computed on 10/9/2026, 4:29:17 PM · version 20261009132917564. Annual data may be revised when new balance sheets arrive.
DemoANAF.ro. Romania business report 2020 — Romania, all activities. Version 20261009132917564, computed on 2026-10-09T13:29:17.564Z. https://demoanaf.ro/en/raport-afaceri-romania-2020#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2020/date.csv?rev=20261009132917564
SRL, SRL-D and SA registrations observed in Romania. National series, independent of the financial filters.
Monthly registrations
No monthly observations for this year in the available series.
/08Procurement
Companies and public procurement
Pace of distinct contracts recorded in SICAP. National series, by contract date.
The month with the most SICAP contracts was December: 2,000 distinct contracts.
Contracts recorded in SICAP
A contract's lots and suppliers are not counted as separate contracts
Solid line: 2020
See the monthly data
Month
2020
Jan
788
Feb
802
Mar
1,126
Apr
728
May
880
Jun
963
Jul
1,026
Aug
805
Sep
1,231
Oct
1,476
Nov
1,130
Dec
2,000
Period coverage is not confirmed. We count contracts, not payments; awarded values are not actual spending.
/09Methodology
What we measure and what stays unknown
Every percentage must have a clear population, a period and a source.
Balance sheets and coverage
We analyse companies with financial indicators available for 2020. This is not a census of all companies and does not implicitly cover only SRL/SA. The coverage of each indicator is shown separately.
Year-on-year comparisons
Annual balance sheets do not measure H1 2021 results. Companies are linked by CUI. We compare only values available in both years. Geographic and CAEN groups are those of the 2020 cohort; we do not measure relocations or sector changes.
CAEN classification
We use the main code from the balance sheet, normalised to four digits. Authorised activities are not summed. Short titles describe the activities; the exact Rev.2 and Rev.3 definitions sit next to each code. Where they differ, both are shown, without assuming the company's revision or historical equivalence.
Missing values and rates
A missing value stays unknown. Margins require positive turnover and a known net result, including losses. The median treats every company equally. The aggregate margin uses the sums of profit and sales for exactly the same eligible companies. The bands are: below 0%, exactly 0%, above 0% up to and including 2%, above 2% up to and including 5%, above 5% up to and including 10%, and above 10%. They are not solvency thresholds. Growth rates are undefined when the baseline is zero or negative.
The map: capital, employees and tenders
Capital means equity (I10), including negative values, not turnover or share capital. Employees are the reported annual averages, attributed to the current office; the per-company average uses only companies with this indicator known. Tenders are initiation notices published in 2020, located by the authority's current office. Values are estimates, not payments. Colours use fixed numeric references, not ranks or quartiles. Margins have references at −10%, 0%, 2%, 5%, 10% and 20%; extreme values keep the exact number but saturate the colour. Totals use a logarithmic magnitude scale with references in the indicator's units. Each territory has a single observed value; we do not interpolate between localities. The same value keeps the same colour when the county, local unit or CAEN changes. Hatched areas have no values available. Local-unit boundaries come from ANCPI, processed by geo-spatial.org (2025). Localities are linked to local units through the INS SIRUTA 2025 nomenclature. Ambiguous addresses stay in the county total; local units use references adapted to local magnitude, constant across counties and years.
Currencies and exchange rates
All amounts are reported in RON. Conversion to EUR uses the annual average rate published by BNR for the report year; for USD, and for years without a published average, we use the arithmetic mean of the European Central Bank's daily reference rates. Today's rate is never used. It is an indicative conversion for comparison, not an accounting revaluation.
Updates
The report is recomputed periodically from the available data. The generation date does not prove the source is complete. Changes to balance sheets may revise this edition's results.
