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 2024
Values to review · 1 companies
1 companies have large values or unusual annual changes. They are flagged for review, without automatic exclusion.
Turnover and jobs, by the companies' current registered office. Pick a county from the list to continue the analysis.
București holds 36.8% of observed sales, with 186,835 companies.
Counties by turnover
Top 8 · 2024 balance sheets · share of the located-county total
1.01T RON36.8%
207.13B RON7.5%
124.31B RON4.5%
124.13B RON4.5%
102.08B RON3.7%
81.68B RON3%
80.14B RON2.9%
72.85B RON2.7%
Where the employees are
Top 8 by reported average headcount · share of the located-county total
1,168,20127.4%
222,3515.2%
214,2625%
204,4154.8%
150,7603.5%
137,5193.2%
135,4533.2%
127,3133%
/02CAEN sectors
Which sectors drive the economy?
Compare the main activities in Romania. Open a sector for details.
In Comerț cu carburanți, ten companies make 85.2% of sales. In Transport rutier de mărfuri, only 5.1%.
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
Comerț cu carburanți85.2%
Transport rutier de mărfuri5.1%
40 sectors · descending orderTurnover · 2024
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.
45,955 companies
151.86B RON
Turnover · 2024/2023+8.5%
34,631 comparable
Top 10 companies
67.1%
Top 10 companies
67.1%
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.
53,289 companies
99.02B RON
Turnover · 2024/2023+8.9%
35,973 comparable
Top 10 companies
14.8%
Top 10 companies
14.8%
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.
48,078 companies
78.42B RON
Turnover · 2024/2023+6.7%
35,025 comparable
Top 10 companies
5.1%
Top 10 companies
5.1%
04
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.
1,300 companies
77.13B RON
Turnover · 2024/2023+3.2%
1,056 comparable
Top 10 companies
85.2%
Top 10 companies
85.2%
05
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.
1,852 companies
67.81B RON
Turnover · 2024/2023+14.9%
1,444 comparable
Top 10 companies
44.3%
Top 10 companies
44.3%
06
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.
5,154 companies
53.27B RON
Turnover · 2024/2023+10.1%
3,381 comparable
Top 10 companies
51.1%
Top 10 companies
51.1%
07
CAEN 6201
Rev.2
Activități de realizare a soft-ului la comandă (software orientat client)
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
27,858 companies
49.06B RON
Turnover · 2024/2023+8.6%
19,570 comparable
Top 10 companies
20.3%
Top 10 companies
20.3%
08
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.
348 companies
48.28B RON
Turnover · 2024/2023+6%
298 comparable
Top 10 companies
53.1%
Top 10 companies
53.1%
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.
8,268 companies
47.32B RON
Turnover · 2024/2023+7.2%
6,336 comparable
Top 10 companies
24%
Top 10 companies
24%
10
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.
36 companies
46.71B RON
Turnover · 2024/2023+17.1%
22 comparable
Top 10 companies
100%
Top 10 companies
100%
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 191.94K RON a year and keeps 7.5% of sales as net profit.
Median turnover
191.94K RON
799,613 values available
Median net margin
7.5%
732,009 eligible companies
Aggregate net margin
6.5%
Cumulative profit / cumulative sales, same companies
Profitable companies
54%
522,347 of 968,135 with a known result
Distribution of net margins
Companies by margin band · net profit / positive turnover
Loss217,92629.8%
Zero result3650%
Above 0–2%54,7327.5%
Above 2–5%55,7397.6%
Above 5–10%67,2939.2%
Above 10%335,95445.9%
732,009 companies with a known profit and positive sales; 236,490 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.
53.3% of the 699,211 comparable companies sold more in 2024 than in 2023.
Cumulative turnover
+4.2%
699,211 companies with turnover in both years
Median turnover change
+4.2%
Only companies with a positive 2023 baseline
Number of employees
-0.6%
585,447 companies with employees reported in both years
More sales or fewer?
Number of companies with comparable data, split by direction of change
Growth372,42853.3%
Decline286,82841%
No change39,9555.7%
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 2024: 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 2024−1
RO +4.2%
Nationally: +4.2% in 2024. Highest values: Dolj (+13%), Argeș (+11.7%), Mehedinți (+11.6%), Tulcea (+11.3%), Suceava (+9.7%). Lowest: Gorj (-14.1%), Constanța (-6%), Satu Mare (-3%), Arad (-2.6%), Călărași (-1.9%). 42 counties with data.
The five-year growth pace
Average annual turnover growth at the same companies · % per year, 5 years
SICAP contracts won by local companies · % of turnover
RO 33.8%
Nationally: 33.8% in 2024. Highest values: Olt (78.3%), Hunedoara (72.9%), Ilfov (59.8%), București (52.1%), Botoșani (51.4%). Lowest: Alba (5.1%), Arad (5.4%), Sibiu (5.5%), Covasna (6%), Giurgiu (6%). 42 counties with data.
/06Data
The data behind the map
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 2024 report covers 968,499 companies with available indicators (all activities). This is the observed sample, not the number of all registered companies.
The median net margin is 7.5% in 2024, computed for 732,009 companies with positive sales and a known net result, including loss-making companies. 236,490 companies do not meet these conditions.
54,732 companies have strictly positive margins of at most 2% (7.5% of eligible companies). 217,926 eligible companies have negative margins.
522,347 of 968,135 companies with a known net result are profitable: 54%. The cumulative net result, after subtracting losses, is 176.86B RON.
The cumulative turnover of the 699,211 comparable companies changed by +4.2% between 2023 and 2024, in nominal RON.
Counties · 43
Counties · 2024 balance sheets · values in RON · unknown values are marked "—".
National series independent of CAEN: initiation notices published in 2024, by the authority's current office. Values are estimates, not payments.
Notices and estimated values, 2024
Territory / activity
Notices
Value (RON)
Brașov
947
7.08B RON
Harghita
356
3.25B RON
Iași
1,196
14.16B RON
Tulcea
259
1.91B RON
Satu Mare
392
2.32B RON
Vâlcea
529
4.03B RON
Mehedinți
320
1.26B RON
Galați
717
7.9B RON
Ilfov
575
3.76B RON
Mureș
981
6.43B RON
București
7,470
259.12B RON
Maramureș
656
4.71B RON
Botoșani
587
3.06B RON
Brăila
748
1.87B RON
Caraș-Severin
384
2.77B RON
Dâmbovița
441
3.24B RON
Hunedoara
679
5.32B RON
Giurgiu
230
2.99B RON
Gorj
829
2.95B RON
Ialomița
270
1.8B RON
Sibiu
1,085
8.4B RON
Călărași
206
4.51B RON
Prahova
681
5.8B RON
Constanța
988
10.16B RON
Argeș
717
3.24B RON
Bihor
840
5.03B RON
Bacău
681
5.66B RON
Vaslui
523
2.24B RON
Timiș
977
6.99B RON
Covasna
303
1.13B RON
Olt
402
1.82B RON
Suceava
819
3.74B RON
Cluj
1,827
16.07B RON
Neamț
529
3.25B RON
Dolj
739
12.59B RON
Sălaj
393
1.55B RON
Alba
537
2.01B RON
Teleorman
324
1.8B RON
Bistrița-Năsăud
365
1.54B RON
Arad
514
2.58B RON
Buzău
362
2.16B RON
Vrancea
422
1.87B RON
Județ necunoscut
13
37.28M RON
Cite the report
Computed on 10/9/2026, 12:19:10 PM · version 20261009091910519. Annual data may be revised when new balance sheets arrive.
DemoANAF.ro. Romania business report 2024 — Romania, all activities. Version 20261009091910519, computed on 2026-10-09T09:19:10.519Z. https://demoanaf.ro/en/raport-afaceri-romania-2024#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2024/date.csv?rev=20261009091910519
SRL, SRL-D and SA registrations observed in Romania. National series, independent of the financial filters.
Most new companies appeared in October: 10,469 observed registrations.
Pace of registrations
Earliest available registration for each CUI · coverage not confirmed
Solid line: 2024
See the monthly data
Month
2024
Jan
8,649
Feb
9,589
Mar
9,401
Apr
9,020
May
7,567
Jun
6,907
Jul
5,252
Aug
4,137
Sep
7,168
Oct
10,469
Nov
8,787
Dec
5,830
Coverage not confirmed: differences between series may reflect missing data. Months without observations do not mean zero.
/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 April: 12,981 distinct contracts.
Contracts recorded in SICAP
A contract's lots and suppliers are not counted as separate contracts
Solid line: 2024
See the monthly data
Month
2024
Jan
9,154
Feb
9,319
Mar
10,947
Apr
12,981
May
11,508
Jun
10,764
Jul
11,260
Aug
10,304
Sep
10,682
Oct
10,943
Nov
10,382
Dec
9,512
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 2024. 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 2025 results. Companies are linked by CUI. We compare only values available in both years. Geographic and CAEN groups are those of the 2024 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 2024, 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.