Statistics / Annual report

Romania, county by county. 2025

Capital, people and business. Discover the differences on the map.

42 TERRITORIES · BALANCE SHEETS AND TENDERS 2025

Where capital gathers

Explore the localities
Main activity · CAEN 08112025
Argeș: 38.24M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-43.5M
-2.8M
10.6M
67.1M
172.1M

39 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

Report financial filters: Argeș · CAEN 0811

Argeș · Extracția pietrei ornamentale și a pietrei pentru construcții, extracția pietrei calcaroase, ghipsului, cretei și a ardeziei · CAEN 0811 · balance sheets available for 2025

Size of the selection

Updated 9/18/2026, 8:47:03 PM · balance sheets 2025 / 2024

Companies analysed
10
With at least one financial indicator available
Cumulative turnover
55.03M RON
9 companies with a known value
Cumulative net result
7.3M RON
10 companies · profit minus losses
Employees reported
125
9 companies · annual averages summed
/01Geography

Where business concentrates

Turnover and jobs, by the companies' current registered office. Pick a county from the list to continue the analysis.

Argeș holds 2.9% of observed sales in the selected sector, with 10 companies.

Counties by turnover

Top 8 · 2025 balance sheets · share of the located-county total

  1. 231.22M RON12.3%
  2. 194.13M RON10.3%
  3. 187.15M RON9.9%
  4. 151.89M RON8.1%
  5. 139.49M RON7.4%
  6. 136.38M RON7.2%
  7. 133.24M RON7.1%
  8. 88.77M RON4.7%

Where the employees are

Top 8 by reported average headcount · share of the located-county total

  1. 38910.6%
  2. 3499.5%
  3. 3128.5%
  4. 2817.6%
  5. 2607.1%
  6. 2436.6%
  7. 2075.6%
  8. 1875.1%
/02CAEN sectors

Which sectors drive the economy?

Compare the main activities in Argeș. Open a sector for details.

In Fabricarea autovehiculelor, ten companies make 100% of sales. In Comerț alimentar nespecializat, only 30.5%.

SECTOR RADIOGRAPHY

Extracția pietrei ornamentale și a pietrei pentru construcții, extracția pietrei calcaroase, ghipsului, cretei și a ardeziei · Argeș

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

  1. Fabricarea autovehiculelor100%
  2. Comerț alimentar nespecializat30.5%
41 sectors · descending orderTurnover · 2025
01
5 companies

29.94B RON

Turnover · 2025/2024+7.6%

5 comparable

Top 10 companies

100%

02
45 companies

11.14B RON

Turnover · 2025/2024+6.5%

38 comparable

Top 10 companies

90.9%

03
138 companies

8.23B RON

Turnover · 2025/2024+22.6%

122 comparable

Top 10 companies

91.6%

04
20 companies

8.1B RON

Turnover · 2025/2024+6%

13 comparable

Top 10 companies

100%

05
2,648 companies

7.27B RON

Turnover · 2025/2024+5.2%

2,043 comparable

Top 10 companies

32.3%

06
1,550 companies

1.73B RON

Turnover · 2025/2024+6.8%

1,282 comparable

Top 10 companies

30.5%

07
56 companies

1.5B RON

Turnover · 2025/2024+15.8%

45 comparable

Top 10 companies

94.2%

08
1 companies

1.21B RON

Turnover · 2025/2024+1.9%

1 comparable

Top 10 companies

100%

09
335 companies

1.16B RON

Turnover · 2025/2024+10.1%

229 comparable

Top 10 companies

63.9%

10
959 companies

1.02B RON

Turnover · 2025/2024-1.5%

713 comparable

Top 10 companies

32.5%

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 0 RON a year and keeps 7.1% of sales as net profit.

Median turnover
0 RON
9 values available
Median net margin
7.1%
4 eligible companies
Aggregate net margin
13.3%
Cumulative profit / cumulative sales, same companies
Profitable companies
30%
3 of 10 with a known result
National median · CAEN 0811
4.4%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss125%
  • Zero result00%
  • Above 0–2%00%
  • Above 2–5%125%
  • Above 5–10%00%
  • Above 10%250%

4 companies with a known profit and positive sales; 6 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.

0% of the 5 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
-26.1%
5 companies with turnover in both years
Median turnover change
-25%
Only companies with a positive 2024 baseline
Number of employees
-1.6%
6 companies with employees reported in both years

More sales or fewer?

Number of companies with comparable data, split by direction of change

  • Growth00%
  • Decline360%
  • No change240%

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 2025: 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 2025−1

Nationally: -26.1% in 2025. Highest values: Cluj (+24.5%), Brașov (+21.9%), Tulcea (+14.4%), Arad (+13.7%), Harghita (+13.1%). Lowest: Timiș (-51%), Alba (-30.6%), Argeș (-26.1%), Suceava (-24.6%), Sălaj (-11.2%). 18 counties with data.

The five-year growth pace

Average annual turnover growth at the same companies · % per year, 5 years

Nationally: +4.4% in 2025. Highest values: Brașov (+17.9%), Tulcea (+16.5%), Bihor (+16.3%), Gorj (+13%), Harghita (+10.9%). Lowest: Timiș (-18.3%), Alba (-6.5%), Arad (-3.5%), Caraș-Severin (-3%), Sălaj (+2.6%). 18 counties with data.

How many companies still file after five years

Companies that filed five years ago and still file in 2025 · %

Nationally: 100% in 2025. Highest values: Argeș (100%), Gorj (100%), Harghita (90%), Suceava (90%), Constanța (88.5%). Lowest: Ilfov (50%), Tulcea (58.3%), Dâmbovița (60%), Brașov (63.6%), Arad (64.3%). 26 counties with data.

Where money is lost

Companies with a net loss · % of those reporting a result

Nationally: 50% in 2025. Highest values: Ilfov (80%), Argeș (50%), Brașov (50%), Caraș-Severin (50%), Prahova (50%). Lowest: Hunedoara (0%), Harghita (16.7%), Bistrița-Năsăud (16.7%), Cluj (27.8%), Satu Mare (30%). 23 counties with data.

Companies with negative equity

Companies with negative equity · % of those reporting equity

Nationally: 40% in 2025. Highest values: Tulcea (66.7%), Caraș-Severin (62.5%), Bihor (50%), București (47.4%), Constanța (45.2%). Lowest: Harghita (0%), Prahova (16.7%), Bistrița-Năsăud (16.7%), Satu Mare (20%), Sibiu (20%). 23 counties with data.

How much the top 10 hold

Share of the top 10 companies in turnover · %

    Highest values: Timiș (99.8%), Bihor (99.2%), Maramureș (96.8%), Constanța (96.4%). Lowest: . 4 counties with data.

    What the middle company earns

    Median turnover · RON

    Nationally: 0 RON in 2025. Highest values: Covasna (25.64M RON), Sibiu (10.28M RON), Buzău (6.34M RON), Brașov (4.51M RON), Hunedoara (3.37M RON). Lowest: Vâlcea (0 RON), Neamț (0 RON), Giurgiu (0 RON), Galați (0 RON), Caraș-Severin (0 RON). 38 counties with data.

    Turnover per employee

    Turnover per employee · RON

    Nationally: 439.35K RON in 2025. Highest values: Prahova (895.96K RON), București (879.15K RON), Satu Mare (745.86K RON), Covasna (743.27K RON), Tulcea (724.55K RON). Lowest: Giurgiu (0 RON), Bacău (0 RON), Vrancea (8K RON), Mehedinți (149.77K RON), Vâlcea (165.5K RON). 36 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 · Argeș · CAEN 0811.

    In Argeș, the 2025 report covers 10 companies with available indicators (CAEN 0811). This is the observed sample, not the number of all registered companies.

    The median net margin is 7.1% in 2025, computed for 4 companies with positive sales and a known net result, including loss-making companies. 6 companies do not meet these conditions.

    0 companies have strictly positive margins of at most 2% (0% of eligible companies). 1 eligible companies have negative margins.

    3 of 10 companies with a known net result are profitable: 30%. The cumulative net result, after subtracting losses, is 7.3M RON.

    The cumulative turnover of the 5 comparable companies changed by -26.1% between 2024 and 2025, in nominal RON.

    Counties · 39
    Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
    Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
    Alba1116.05M RON167.75K RON24-2.67M RON54%
    Arad1531.42M RON4.17M RON5815.09M RON12%
    Argeș1055.03M RON7.3M RON12538.24M RON7.1%
    Bacău322K RON-110.75K RON1-683.64K RON222.2%
    Bihor2245.86M RON6.02M RON16322.77M RON3.4%
    Bistrița-Năsăud1230.52M RON7.55M RON10820.16M RON3.6%
    Botoșani25.14M RON63.66K RON222.71M RON3.5%
    Brăila10 RON-1K RON0-240.07K RON
    Brașov864.16M RON4.41M RON9713.04M RON-1.2%
    București19231.22M RON11.69M RON260115.39M RON3.7%
    Buzău445.88M RON71.24K RON68-2.03M RON0%
    Caraș-Severin81.44M RON-957.03K RON7-2.29M RON18.7%
    Cluj18187.15M RON38.18M RON281152.29M RON7.2%
    Constanța31194.13M RON26.23M RON349172.08M RON7.4%
    Covasna251.29M RON5.17M RON691.59M RON-19.9%
    Dâmbovița59.86M RON3.22M RON314.04M RON8.1%
    Dolj1453.44K RON271.57K RON1270.89K RON59.9%
    Galați4657.73K RON28.15M RON427.9M RON11.2%
    Giurgiu10 RON-13.57K RON1-1.25M RON
    Gorj14139.49M RON27.63M RON31265.93M RON3.6%
    Harghita1288.77M RON7.98M RON20741.18M RON3.1%
    Hunedoara948.81M RON2.33M RON11818.79M RON5.3%
    Iași1177.56K RON-264.66K RON1-275.77K RON-149.1%
    Ilfov53.58M RON-2.43M RON1317.61M RON-110.3%
    Maramureș3251.18M RON7.23M RON11133.88M RON6.1%
    Mehedinți31.5M RON-171.21K RON10-1.8M RON-93.3%
    Mureș412.63M RON855.26K RON453.31M RON9.1%
    Neamț20 RON0 RON090.47K RON
    Olt1721.79K RON117.88K RON12.33M RON16.3%
    Prahova630.46M RON7.29M RON3411.73M RON12.7%
    Sălaj851.71M RON353.43K RON18517.2M RON0.7%
    Satu Mare1014.17M RON3.5M RON207.1M RON6.1%
    Sibiu5133.24M RON5M RON24326.61M RON5.4%
    Suceava12136.38M RON9.77M RON38993.02M RON6.3%
    Teleorman10 RON-132.72K RON
    Timiș2048.93M RON1.78M RON121-43.55M RON2.7%
    Tulcea12151.89M RON6.11M RON18717.55M RON2.2%
    Vâlcea31.32M RON190.21K RON8801.44K RON14.4%
    Vrancea140K RON17.6K RON517.8K RON44%
    CAEN sectors · Argeș · 41
    CAEN sectors · Argeș · 2025 balance sheets · values in RON · unknown values are marked "—".
    Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
    Fabricarea autovehiculelor · CAEN 2910529.94B RON629.38M RON10,5843.83B RON2.1%
    Fabricarea altor piese și accesorii pentru autovehicule și pentru motoare de autovehicule · CAEN 29324511.14B RON247.6M RON13,3102.44B RON3%
    Comerț cu amănuntul al produselor farmaceutice · CAEN 47731388.23B RON334.86M RON6,416712.08M RON4.1%
    Distribuție farmaceutică și medicală · CAEN 4646208.1B RON499.15M RON1,580714.86M RON6.1%
    Transport rutier de mărfuri · CAEN 49412,6487.27B RON332.6M RON13,7841.5B RON3.8%
    Comerț alimentar nespecializat · CAEN 47111,5501.73B RON77.25M RON3,517203.66M RON2.2%
    Comerț cu ridicata nespecializat de produse alimentare, băuturi și tutun · CAEN 4639561.5B RON-25.38M RON1,47755.71M RON2.2%
    Fabricarea de aparate electrocasnice · CAEN 275111.21B RON11.34M RON884289.31M RON0.9%
    Construcții de clădiri · CAEN 41003351.16B RON83.27M RON2,213265.36M RON6.3%
    Construcții de clădiri · CAEN 41209591.02B RON84.83M RON3,094400.43M RON6.5%
    Fabricarea produselor din carne (inclusiv din carne de pasăre) · CAEN 101317980.08M RON-10.95M RON2,200237.16M RON0%
    Fabricarea altor produse din material plastic · CAEN 222622894.36M RON32.71M RON1,680378.83M RON3.7%
    Operațiuni de mecanică generală · CAEN 255340882.99M RON87.41M RON698614.89M RON10.1%
    Comerț cu ridicata al materialului lemnos și a materialelor de construcție și echipamentelor sanitare · CAEN 468393744.77M RON46.96M RON773325.15M RON4.5%
    Lucrări de construcții a drumurilor și autostrăzilor · CAEN 421155741.55M RON78.22M RON1,516211.56M RON10.1%
    Fabricarea armamentului și muniției (Rev.2) / Fabricarea produselor metalice obținute prin deformare plastică; metalurgia pulberilor (Rev.3) · CAEN 25406697.98M RON32.64M RON73381.93M RON5.7%
    Comerț cu amănuntul al produselor alimentare, băuturilor și produselor din tutun efectuat prin standuri, chioșcuri și piețe (Rev.2) / Comerț cu amănuntul al autovehiculelor (Rev.3) · CAEN 4781158681.15M RON11.23M RON584107.6M RON0.6%
    Fabricarea de echipamente electrice și electronice pentru autovehicule și pentru motoare de autovehicule · CAEN 29315608.2M RON16.06M RON2,073139.52M RON2.7%
    Tratarea și eliminarea deșeurilor nepericuloase (Rev.2) / Recuperarea materialelor reciclabile (Rev.3) · CAEN 382126570.86M RON-14.82M RON36851.98M RON-0.2%
    Fabricarea de construcții metalice și părți componente ale structurilor metalice · CAEN 2511160570.46M RON52.54M RON1,099305.95M RON5.9%
    Comerț cu autoturisme și autovehicule ușoare (sub 3,5 tone) · CAEN 4511286547.97M RON11.99M RON369105.89M RON1%
    Fabricarea plăcilor, foliilor, tuburilor și profilelor din material plastic · CAEN 222124513.14M RON38.9M RON581187.89M RON5.7%
    Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat · CAEN 462162497.04M RON12.82M RON14949.14M RON2.1%
    Fabricarea altor produse alimentare n.c.a. · CAEN 10898495.2M RON74.77M RON548207.45M RON4%
    Comerț cu carburanți · CAEN 473048480.01M RON18.71M RON535121.6M RON2.3%
    Cultivarea cerealelor (excluzând orezul), plantelor leguminoase și a plantelor oleaginoase · CAEN 0111238461.56M RON43.02M RON595350.96M RON9.7%
    Lucrări de instalații electrice · CAEN 4321251457.62M RON47.14M RON1,290147.53M RON13.1%
    Prelucrarea și conservarea cărnii · CAEN 101118446.46M RON22.07M RON416123.69M RON4.6%
    Comerț cu amănuntul al ceasurilor și bijuteriilor, în magazine specializate (Rev.2) / Comerț cu amănuntul al ceasurilor și bijuteriilor (Rev.3) · CAEN 477732441.71M RON36.7M RON529116.6M RON5.7%
    Fabricarea de echipamente electrice de iluminat · CAEN 27406408.92M RON2.81M RON58283.6M RON0.8%
    Comerț cu ridicata al metalelor și minereurilor metalice (Rev.2) / Comerț cu ridicata al pieselor și accesoriilor pentru autovehicule (Rev.3) · CAEN 467255389.56M RON16.24M RON389118.44M RON2.4%
    Comerț cu ridicata de piese și accesorii pentru autovehicule · CAEN 4531116387.49M RON14.53M RON39185.33M RON3.9%
    Fabricarea pâinii; fabricarea prăjiturilor și a produselor proaspete de patiserie · CAEN 1071239375.71M RON18.51M RON1,84599.01M RON0.8%
    Comerț cu amănuntul prin intermediul caselor de comenzi sau prin internet (Rev.2) / Intermedieri în comerțul cu amănuntul nespecializat (Rev.3) · CAEN 4791485363.42M RON19.13M RON33441.06M RON4%
    Comerț cu ridicata al materialului lemnos și al materialelor de construcții și echipamentelor sanitare (Rev.2) / Comerț cu ridicata al motocicletelor; comerț cu ridicata al pieselor și accesoriilor pentru motociclete (Rev.3) · CAEN 4673184346.58M RON30.79M RON463144.63M RON2.9%
    Închirierea și subînchirierea bunurilor imobiliare proprii sau în leasing (Rev.2) / Închirierea și subînchirierea bunurilor imobiliare proprii sau închiriate (Rev.3) · CAEN 6820452321.82M RON74.58M RON652729.61M RON31.3%
    Alte activități de creditare · CAEN 649274317.76M RON27.29M RON487229.43M RON21.7%
    Comerț cu ridicata nespecializat · CAEN 4690153308.79M RON25.75M RON346126.37M RON8.2%
    Activități de închiriere și leasing cu autoturisme și autovehicule rutiere ușoare · CAEN 771158302.77M RON4.72M RON290249.58M RON7.3%
    Activități de asistență stomatologică · CAEN 8623456302.72M RON56.09M RON94994.31M RON19.4%
    Local units · Argeș · 7
    Local units · Argeș · 2025 balance sheets · values in RON · unknown values are marked "—".
    Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
    Pitești10 RON0 RON0495 RON
    Bascov20 RON-460 RON0219.05K RON
    Câmpulung27.68M RON149.16K RON3213.32M RON2.3%
    Valea Mare Pravăț120.09M RON2.41M RON4714.93M RON12%
    Topoloveni227.26M RON4.74M RON4610.52M RON8.6%
    Davidești10 RON-783 RON0-757.64K RON
    Dâmbovicioara1-426 RON-754 RON
    SICAP tenders · values by territory

    National series independent of CAEN: initiation notices published in 2025, by the authority's current office. Values are estimates, not payments.

    Notices and estimated values, 2025
    Territory / activityNoticesValue (RON)
    Brașov8345.85B RON
    Ialomița1801.07B RON
    Iași1,08614.34B RON
    Tulcea1771.17B RON
    Mehedinți187918.76M RON
    Vâlcea3842.27B RON
    Mureș7408.41B RON
    București6,659146.69B RON
    Bacău4292.57B RON
    Maramureș3712.83B RON
    Botoșani3211.32B RON
    Brăila3581.49B RON
    Galați5775.68B RON
    Dâmbovița3673.11B RON
    Caraș-Severin2411.42B RON
    Hunedoara4822.3B RON
    Prahova5524.43B RON
    Călărași174765.83M RON
    Ilfov5536.78B RON
    Constanța7577.24B RON
    Bihor6584.49B RON
    Sibiu9085.72B RON
    Timiș9158.62B RON
    Olt3041.2B RON
    Cluj1,48415.53B RON
    Vaslui3661.65B RON
    Giurgiu1711.94B RON
    Neamț3461.76B RON
    Gorj6013.25B RON
    Sălaj2651.1B RON
    Alba3591.58B RON
    Suceava5673.91B RON
    Argeș5322.2B RON
    Dolj66113.33B RON
    Bistrița-Năsăud2721.71B RON
    Teleorman2291.58B RON
    Arad3863.25B RON
    Buzău2781.02B RON
    Vrancea2773.31B RON
    Covasna2551.01B RON
    Harghita3332.68B RON
    Satu Mare2912.55B RON
    Județ necunoscut2221.89M RON
    UAT Curtea de Argeș16114.26M RON
    UAT Dobrești1359.08K RON
    UAT Șuici24.75M RON
    UAT Mioveni13321.43M RON
    UAT Pitești268880.35M RON
    UAT Davidești25.33M RON
    UAT Câmpulung34167.65M RON
    UAT Albota43.27M RON
    UAT Albeștii de Muscel2843.84K RON
    UAT Miroși23.43M RON
    UAT Dâmbovicioara1291.74K RON
    UAT Buzoești729.8M RON
    UAT Poienarii de Muscel2750K RON
    UAT Micești39.2M RON
    UAT Mozăceni1754.97K RON
    UAT Bârla21.98M RON
    UAT Cicănești23.08M RON
    UAT Brăduleț1036.37M RON
    UAT Băiculești24.18M RON
    UAT Priboieni14.77M RON
    UAT Hârsești514.25M RON
    UAT Valea Iașului916.67M RON
    UAT Stoenești23.15M RON
    UAT Lunca Corbului41.25M RON
    UAT Albeștii de Argeș32.98M RON
    UAT Țițești510.83M RON
    UAT Poienarii de Argeș11.57M RON
    UAT Bradu536.72M RON
    UAT Căldăraru12.53M RON
    UAT Leordeni26.66M RON
    UAT Poiana Lacului527.9M RON
    UAT Boteni22.22M RON
    UAT Negrași513.08M RON
    UAT Ungheni23.27M RON
    UAT Corbi14.6M RON
    UAT Teiu115.74M RON
    UAT Morărești1768K RON
    UAT Dragoslavele21.93M RON
    UAT Vedea429.51M RON
    UAT Rucăr32.02M RON

    Cite the report

    Computed on 9/18/2026, 8:47:03 PM · version 20260918174703963. Annual data may be revised when new balance sheets arrive.

    DemoANAF.ro. Romania business report 2025 — Argeș, CAEN 0811. Version 20260918174703963, computed on 2026-09-18T17:47:03.963Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Arge%C8%99&caen=0811#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918174703963

    /07Registrations

    In which months do new companies appear?

    SRL, SRL-D and SA registrations observed in Romania. National series, independent of the financial filters.

    Most new companies appeared in July: 10,734 observed registrations.

    Pace of registrations

    Earliest available registration for each CUI · coverage not confirmed

    Solid line: 2025

    See the monthly data
    Month2025
    Jan6,313
    Feb8,206
    Mar8,589
    Apr7,449
    May8,145
    Jun7,682
    Jul10,734
    Aug7,697
    Sep9,208
    Oct9,472
    Nov9,682
    Dec7,334

    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 SEAP. National series, by contract date.

    The month with the most SEAP contracts was April: 12,765 distinct contracts.

    Contracts recorded in SEAP

    A contract's lots and suppliers are not counted as separate contracts

    Solid line: 2025

    See the monthly data
    Month2025
    Jan10,684
    Feb9,665
    Mar11,690
    Apr12,765
    May11,213
    Jun9,725
    Jul9,714
    Aug9,094
    Sep9,436
    Oct12,761
    Nov12,032
    Dec9,769

    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 2025. 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 2026 results. Companies are linked by CUI. We compare only values available in both years. Geographic and CAEN groups are those of the 2025 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 2025, 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.

    Sources: ANAF — balance sheets; ONRC — company register; SEAP / data.gov.ro — contracts. See the data sources. Download the SVG map · ANCPI boundaries · geo-spatial.org · INS · SIRUTA 2025