Capital, people and business. Discover the differences on the map.
42 TERRITORIES · BALANCE SHEETS AND TENDERS 2025
Equity · RON
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
Mureș · Lucrări de construcții a proiectelor utilitare pentru fluide · CAEN 4221 · balance sheets available for 2025
Sales
-11.7%
21 comparable companies · 2025 / 2024
Profitability
11.3%
26 eligible companies · 68.8% of companies with a known result are profitable
Concentration
99.1%
Share of the selection's turnover · 2025
Updated 9/18/2026, 2:44:30 PM · balance sheets 2025 / 2024
Turnover and jobs, by the companies' current registered office. Pick a county from the list to continue the analysis.
Mureș holds 7.5% of observed sales in the selected sector, with 32 companies.
Top 8 · 2025 balance sheets · share of the located-county total
Top 8 by reported average headcount · share of the located-county total
Compare the main activities in Mureș. Open a sector for details.
In Comercializarea combustibililor gazoși, prin conducte, ten companies make 100% of sales. In Transport rutier de mărfuri, only 38.8%.
Concentration extremes among the top 8 sectors by turnover · share of observed sales, not market share
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
8.81B RON
2 comparable
100%
100%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
3.1B RON
3 comparable
100%
100%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
2.02B RON
32 comparable
99%
99%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
1.98B RON
42 comparable
97.1%
97.1%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.83B RON
812 comparable
38.8%
38.8%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
1.71B RON
783 comparable
51.1%
51.1%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.48B RON
10 comparable
100%
100%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.15B RON
1 comparable
100%
100%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
874.64M RON
602 comparable
48.9%
48.9%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
870.83M RON
6 comparable
100%
100%
One company, one main code. Growth uses the same companies in both years; missing values remain "—". CAEN definitions sit next to each name.
Beyond the giants: sales and margin of the company in the middle of the distribution.
The typical company sells 272.25K RON a year and keeps 11.3% of sales as net profit.
Companies by margin band · net profit / positive turnover
26 companies with a known profit and positive sales; 6 excluded. Bands describe margins, not bankruptcy risk.
Same companies, two years. Compare the change in sales with the change in jobs.
57.1% of the 21 comparable companies sold more in 2025 than in 2024.
Number of companies with comparable data, split by direction of change
Nominal changes in RON, not adjusted for inflation. Companies without data in one of the years are not compared.
Growth, survival, concentration, the trade register and state dependence in 2025: the national figure and the counties at both ends, for every map layer.
Turnover change at the same companies · % vs 2025−1
Nationally: -11.7% in 2025. Highest values: Olt (+184%), Botoșani (+108.5%), Vrancea (+60.7%), Bistrița-Năsăud (+41.4%), Teleorman (+27.2%). Lowest: Giurgiu (-51.9%), Vâlcea (-31%), Maramureș (-26.6%), Constanța (-26.5%), Bacău (-24.3%). 41 counties with data.
Average annual turnover growth at the same companies · % per year, 5 years
Nationally: +14.2% in 2025. Highest values: Ialomița (+67.2%), Botoșani (+39.8%), Cluj (+33.3%), Teleorman (+25.8%), Bihor (+25.7%). Lowest: Giurgiu (-25.7%), Maramureș (-5.7%), Brașov (-5.7%), Brăila (-5.1%), Tulcea (-4.4%). 38 counties with data.
Companies that filed five years ago and still file in 2025 · %
Nationally: 65.6% in 2025. Highest values: Mehedinți (100%), Maramureș (100%), Olt (93.3%), Vrancea (88.9%), Bihor (87.5%). Lowest: Satu Mare (48.1%), Călărași (57.1%), Alba (57.1%), Ilfov (59.2%), Teleorman (60%). 40 counties with data.
Companies with a net loss · % of those reporting a result
Nationally: 21.9% in 2025. Highest values: Covasna (75%), Giurgiu (55.6%), Vaslui (53.8%), Sălaj (50%), Hunedoara (45%). Lowest: Alba (8.3%), Caraș-Severin (14.3%), Vrancea (15.4%), Mehedinți (18.2%), Dâmbovița (19.2%). 42 counties with data.
Companies with negative equity · % of those reporting equity
Nationally: 18.8% in 2025. Highest values: Covasna (62.5%), Ialomița (50%), București (40.3%), Teleorman (40%), Sălaj (38.5%). Lowest: Caraș-Severin (14.3%), Harghita (15%), Vaslui (15.4%), Tulcea (15.8%), Alba (16.7%). 42 counties with data.
Share of the top 10 companies in turnover · %
Nationally: 99.1% in 2025. Highest values: Hunedoara (99.9%), Botoșani (99.9%), Sibiu (99.3%), Mureș (99.1%), Olt (99%). Lowest: București (77.8%), Ilfov (88.1%), Prahova (88.3%), Constanța (88.9%), Dolj (89.4%). 28 counties with data.
Median turnover · RON
Nationally: 272.25K RON in 2025. Highest values: Iași (1.55M RON), Bacău (1.32M RON), Mehedinți (1.21M RON), Suceava (1.19M RON), Arad (997.88K RON). Lowest: Hunedoara (31.84K RON), Alba (81.61K RON), Giurgiu (85K RON), Caraș-Severin (86.78K RON), Olt (96.27K RON). 42 counties with data.
Turnover per employee · RON
Nationally: 873.26K RON in 2025. Highest values: Botoșani (2.36M RON), Cluj (990.96K RON), Teleorman (977.34K RON), Timiș (916.01K RON), Mureș (873.26K RON). Lowest: Gorj (106.31K RON), Caraș-Severin (108.74K RON), Giurgiu (168.8K RON), Vâlcea (223.21K RON), Covasna (231.78K RON). 42 counties with data.
The same aggregates as on the map, also available as tables, with a stable citation for every version.
Analysis: DemoANAF.ro · Mureș · CAEN 4221.
In Mureș, the 2025 report covers 32 companies with available indicators (CAEN 4221). This is the observed sample, not the number of all registered companies.
The median net margin is 11.3% in 2025, computed for 26 companies with positive sales and a known net result, including loss-making companies. 6 companies do not meet these conditions.
4 companies have strictly positive margins of at most 2% (15.4% of eligible companies). 5 eligible companies have negative margins.
22 of 32 companies with a known net result are profitable: 68.8%. The cumulative net result, after subtracting losses, is 34.84M RON.
The cumulative turnover of the 21 comparable companies changed by -11.7% between 2024 and 2025, in nominal RON.
| Territory / activity | Companies | Sales | Net profit | Employees | Equity | Median margin |
|---|---|---|---|---|---|---|
| Alba | 12 | 31.43M RON | 10.57M RON | 38 | 25.75M RON | 27.7% |
| Arad | 30 | 113.44M RON | 20.92M RON | 239 | 12.97M RON | 14.6% |
| Argeș | 40 | 94.72M RON | 10.99M RON | 277 | 15.39M RON | 12.3% |
| Bacău | 19 | 92.92M RON | 2.36M RON | 258 | 23.66M RON | 8.8% |
| Bihor | 64 | 262.57M RON | 57.68M RON | 380 | 84.93M RON | 11.3% |
| Bistrița-Năsăud | 30 | 44M RON | 8.61M RON | 96 | 19.29M RON | 7.8% |
| Botoșani | 20 | 959.36M RON | 94.06M RON | 406 | 149.1M RON | 16% |
| Brăila | 16 | 20.49M RON | 3.33M RON | 42 | -36.91K RON | 26% |
| Brașov | 26 | 59.29M RON | -2.34M RON | 118 | 5.81M RON | 12.8% |
| București | 149 | 1.82B RON | 142.26M RON | 2,615 | 130.77M RON | 13.1% |
| Buzău | 27 | 52.15M RON | 7.37M RON | 129 | 22.2M RON | 13.6% |
| Călărași | 19 | 25.18M RON | 2.75M RON | 65 | 9.54M RON | 21.3% |
| Caraș-Severin | 7 | 1.2M RON | 377.17K RON | 11 | 1.51M RON | 12.9% |
| Cluj | 56 | 429.23M RON | 45.05M RON | 429 | 134.58M RON | 12.2% |
| Constanța | 48 | 228.74M RON | 22.52M RON | 431 | 47.4M RON | 11.7% |
| Covasna | 8 | 3.74M RON | 219.97K RON | 16 | 76.06K RON | -43.1% |
| Dâmbovița | 26 | 121.71M RON | 14.45M RON | 188 | 45.34M RON | 10.9% |
| Dolj | 46 | 39.1M RON | 20.41M RON | 146 | 27.72M RON | 13.4% |
| Galați | 28 | 108.38M RON | 12.54M RON | 169 | 45.83M RON | 22.7% |
| Giurgiu | 9 | 5.3M RON | -1.01M RON | 31 | 4.27M RON | -6.9% |
| Gorj | 9 | 1.5M RON | -1.76M RON | 15 | 412.71K RON | 9.7% |
| Harghita | 20 | 25.92M RON | 1.16M RON | 96 | 15.65M RON | 2.1% |
| Hunedoara | 20 | 34.58M RON | 4.39M RON | 115 | 12.79M RON | 5% |
| Ialomița | 12 | 19.53M RON | 3.49M RON | 29 | 1.63M RON | 25.5% |
| Iași | 36 | 268.57M RON | 28.12M RON | 454 | 107.53M RON | 20.2% |
| Ilfov | 76 | 271.67M RON | 20.69M RON | 448 | 124.61M RON | 12.5% |
| Maramureș | 29 | 84.89M RON | 2.22M RON | 270 | 43.55M RON | 2.1% |
| Mehedinți | 11 | 40.66M RON | 5.01M RON | 103 | 10.01M RON | 18.7% |
| Mureș | 32 | 538.98M RON | 34.84M RON | 617 | 156.71M RON | 11.3% |
| Neamț | 23 | 107.79M RON | 14.55M RON | 228 | -27.55M RON | 11.4% |
| Olt | 28 | 55.03M RON | 8.88M RON | 109 | 4.67M RON | 20% |
| Prahova | 70 | 296.89M RON | 29.4M RON | 610 | 151.79M RON | 10.8% |
| Sălaj | 26 | 14.61M RON | 2.09M RON | 52 | 6.56M RON | 2.4% |
| Satu Mare | 27 | 63.76M RON | 10.61M RON | 119 | 41.87M RON | 0.9% |
| Sibiu | 25 | 111.64M RON | 10.24M RON | 165 | 44.7M RON | 15.4% |
| Suceava | 26 | 186.34M RON | 14.91M RON | 330 | 53.2M RON | 10.7% |
| Teleorman | 10 | 33.36M RON | 12.4M RON | 33 | 21.92M RON | 14.1% |
| Timiș | 52 | 355.02M RON | 31.15M RON | 388 | 152.61M RON | 3% |
| Tulcea | 19 | 33.81M RON | 1.87M RON | 110 | 25.01M RON | 17.8% |
| Vâlcea | 22 | 50.36M RON | 8.68M RON | 57 | 31.79M RON | 14.1% |
| Territory / activity | Companies | Sales | Net profit | Employees | Equity | Median margin |
|---|---|---|---|---|---|---|
| Târgu Mureș | 11 | 52.14M RON | 2.92M RON | 146 | 26.18M RON | 10.5% |
| Cristești | 1 | 17.15M RON | 42.14K RON | 43 | 5.48M RON | 0.2% |
| Sântana de Mureș | 2 | 462.97M RON | 30.76M RON | 399 | 122.05M RON | 8.2% |
| Sighișoara | 1 | 69.3K RON | 428 RON | 1 | 48.41K RON | 0.6% |
| Reghin | 3 | 468.79K RON | -288.73K RON | 2 | 698.77K RON | -73.7% |
| Sovata | 1 | 218.25K RON | 41.07K RON | 1 | 195.37K RON | 18.8% |
| Beica de Jos | 1 | 1.28M RON | 696.56K RON | 4 | 412.38K RON | 54.6% |
| Deda | 1 | 0 RON | 0 RON | 0 | 31.36K RON | — |
| Ibănești | 3 | 208.66K RON | 20.77K RON | 2 | 57.19K RON | 9.7% |
| Răstolița | 1 | 16.9K RON | 4.25K RON | 1 | -128.53K RON | 25.1% |
| Sângeorgiu de Pădure | 1 | 0 RON | 0 RON | 0 | 142.1K RON | — |
| Corunca | 1 | 2.05M RON | 581.21K RON | 8 | 698.65K RON | 28.3% |
National series independent of CAEN: initiation notices published in 2025, by the authority's current office. Values are estimates, not payments.
| Territory / activity | Notices | Value (RON) |
|---|---|---|
| Brașov | 834 | 5.85B RON |
| Ialomița | 180 | 1.07B RON |
| Iași | 1,086 | 14.34B RON |
| Tulcea | 177 | 1.17B RON |
| Mehedinți | 187 | 918.76M RON |
| Vâlcea | 384 | 2.27B RON |
| Mureș | 740 | 8.41B RON |
| București | 6,659 | 146.69B RON |
| Bacău | 429 | 2.57B RON |
| Maramureș | 371 | 2.83B RON |
| Botoșani | 321 | 1.32B RON |
| Brăila | 358 | 1.49B RON |
| Galați | 577 | 5.68B RON |
| Dâmbovița | 367 | 3.11B RON |
| Caraș-Severin | 241 | 1.42B RON |
| Hunedoara | 482 | 2.3B RON |
| Prahova | 552 | 4.43B RON |
| Călărași | 174 | 765.83M RON |
| Ilfov | 553 | 6.78B RON |
| Constanța | 757 | 7.24B RON |
| Bihor | 658 | 4.49B RON |
| Sibiu | 908 | 5.72B RON |
| Timiș | 915 | 8.62B RON |
| Olt | 304 | 1.2B RON |
| Cluj | 1,484 | 15.53B RON |
| Vaslui | 366 | 1.65B RON |
| Giurgiu | 171 | 1.94B RON |
| Neamț | 346 | 1.76B RON |
| Gorj | 601 | 3.25B RON |
| Sălaj | 265 | 1.1B RON |
| Alba | 359 | 1.58B RON |
| Suceava | 567 | 3.91B RON |
| Argeș | 532 | 2.2B RON |
| Dolj | 661 | 13.33B RON |
| Bistrița-Năsăud | 272 | 1.71B RON |
| Teleorman | 229 | 1.58B RON |
| Arad | 386 | 3.25B RON |
| Buzău | 278 | 1.02B RON |
| Vrancea | 277 | 3.31B RON |
| Covasna | 255 | 1.01B RON |
| Harghita | 333 | 2.68B RON |
| Satu Mare | 291 | 2.55B RON |
| Județ necunoscut | 22 | 21.89M RON |
| UAT Târgu Mureș | 463 | 7.07B RON |
| UAT Batoș | 2 | 17.07M RON |
| UAT Cuci | 2 | 7.35M RON |
| UAT Păsăreni | 1 | 1.62M RON |
| UAT Bichiș | 1 | 971.33K RON |
| UAT Lunca Bradului | 2 | 832.89K RON |
| UAT Reghin | 17 | 89.9M RON |
| UAT Ogra | 1 | 592.05K RON |
| UAT Suseni | 3 | 8.78M RON |
| UAT Sânpaul | 2 | 3.04M RON |
| UAT Beica de Jos | 2 | 17.02M RON |
| UAT Viișoara | 4 | 1.57M RON |
| UAT Glodeni | 1 | 4.25M RON |
| UAT Daneș | 2 | 14.49M RON |
| UAT Târnăveni | 24 | 412.83M RON |
| UAT Ceuașu de Câmpie | 2 | 31.54M RON |
| UAT Coroisânmărtin | 2 | 5.83M RON |
| UAT Saschiz | 2 | 13.94M RON |
| UAT Ațintiș | 1 | 9.05M RON |
| UAT Voivodeni | 2 | 9.76M RON |
| UAT Tăureni | 1 | 26.42M RON |
| UAT Breaza | 5 | 5.38M RON |
| UAT Chiheru de Jos | 1 | 16.05M RON |
| UAT Iclănzel | 1 | 2.05M RON |
| UAT Ghindari | 2 | 10.08M RON |
| UAT Mica | 2 | 3.32M RON |
| UAT Rușii-Munți | 3 | 3.34M RON |
| UAT Sânpetru de Câmpie | 1 | 363.51K RON |
| UAT Fărăgău | 2 | 12.36M RON |
| UAT Cucerdea | 2 | 14.47M RON |
| UAT Sighișoara | 15 | 83.39M RON |
| UAT Pănet | 4 | 7.29M RON |
| UAT Grebenișu de Câmpie | 1 | 3.86M RON |
| UAT Cristești | 3 | 3.51M RON |
| UAT Ernei | 2 | 24.48M RON |
| UAT Stânceni | 2 | 4.76M RON |
| UAT Crăciunești | 3 | 19.77M RON |
| UAT Aluniș | 2 | 1.63M RON |
| UAT Ideciu de Jos | 1 | 7.73M RON |
| UAT Fântânele | 3 | 9.34M RON |
| UAT Albești | 1 | 1.4M RON |
| UAT Petelea | 1 | 609.13K RON |
| UAT Apold | 6 | 13.84M RON |
| UAT Ungheni | 11 | 7.63M RON |
| UAT Nadeș | 1 | 1.15M RON |
| UAT Vărgata | 3 | 7.34M RON |
| UAT Gornești | 3 | 19.01M RON |
| UAT Acățari | 3 | 5.17M RON |
| UAT Brâncovenești | 1 | 759.96K RON |
| UAT Pogăceaua | 3 | 2.98M RON |
| UAT Eremitu | 3 | 9.8M RON |
| UAT Vânători | 1 | 1.2M RON |
| UAT Chibed | 4 | 10.37M RON |
| UAT Deda | 2 | 4.79M RON |
Computed on 9/18/2026, 2:44:30 PM · version 20260918114430147. Annual data may be revised when new balance sheets arrive.
DemoANAF.ro. Romania business report 2025 — Mureș, CAEN 4221. Version 20260918114430147, computed on 2026-09-18T11:44:30.147Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Mure%C8%99&caen=4221#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918114430147
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.
Earliest available registration for each CUI · coverage not confirmed
Solid line: 2025
| Month | 2025 |
|---|---|
| Jan | 6,313 |
| Feb | 8,206 |
| Mar | 8,589 |
| Apr | 7,449 |
| May | 8,145 |
| Jun | 7,682 |
| Jul | 10,734 |
| Aug | 7,697 |
| Sep | 9,208 |
| Oct | 9,472 |
| Nov | 9,682 |
| Dec | 7,334 |
Coverage not confirmed: differences between series may reflect missing data. Months without observations do not mean zero.
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.
A contract's lots and suppliers are not counted as separate contracts
Solid line: 2025
| Month | 2025 |
|---|---|
| Jan | 10,684 |
| Feb | 9,665 |
| Mar | 11,690 |
| Apr | 12,765 |
| May | 11,213 |
| Jun | 9,725 |
| Jul | 9,714 |
| Aug | 9,094 |
| Sep | 9,436 |
| Oct | 12,761 |
| Nov | 12,032 |
| Dec | 9,769 |
Period coverage is not confirmed. We count contracts, not payments; awarded values are not actual spending.
Every percentage must have a clear population, a period and a source.
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.
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.
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.
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.
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.
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.
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
