PRO
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 42212025
Satu Mare: 41.87M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-27.6M
-651.8K
13.2M
65.2M
156.7M

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

Report financial filters: Satu Mare · CAEN 4221

Satu Mare · Lucrări de construcții a proiectelor utilitare pentru fluide · CAEN 4221 · balance sheets available for 2025

Sales

-3.3%

Lower sales, at the same companies.

24 comparable companies · 2025 / 2024

Profitability

0.9%

Net margin of the typical company.

24 eligible companies · 63% of companies with a known result are profitable

Concentration

92.1%

Of sales, in the hands of the top ten companies.

Share of the selection's turnover · 2025

Size of the selection

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

Companies analysed
27
With at least one financial indicator available
Cumulative turnover
63.76M RON
27 companies with a known value
Cumulative net result
10.61M RON
27 companies · profit minus losses
Employees reported
119
25 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.

Satu Mare holds 0.9% of observed sales in the selected sector, with 27 companies.

Counties by turnover

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

  1. 1.82B RON25.3%
  2. 959.36M RON13.4%
  3. 538.98M RON7.5%
  4. 429.23M RON6%
  5. 355.02M RON4.9%
  6. 296.89M RON4.1%
  7. 271.67M RON3.8%
  8. 268.57M RON3.7%

Where the employees are

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

  1. 2,61524.6%
  2. 6175.8%
  3. 6105.7%
  4. 4544.3%
  5. 4484.2%
  6. 4314%
  7. 4294%
  8. 4063.8%
/02CAEN sectors

Which sectors drive the economy?

Compare the main activities in Satu Mare. Open a sector for details.

In Fabricarea altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3), ten companies make 100% of sales. In Transport rutier de mărfuri, only 33.6%.

SECTOR RADIOGRAPHY

Lucrări de construcții a proiectelor utilitare pentru fluide · Satu Mare

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 altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3)100%
  2. Transport rutier de mărfuri33.6%
41 sectors · descending orderTurnover · 2025
01
3 companies

2.32B RON

Turnover · 2025/2024-1%

3 comparable

Top 10 companies

100%

02
23 companies

1.84B RON

Turnover · 2025/2024-4.1%

21 comparable

Top 10 companies

99.9%

03
52 companies

1.84B RON

Turnover · 2025/2024+23.4%

42 comparable

Top 10 companies

92.2%

04
466 companies

1.57B RON

Turnover · 2025/2024-0.5%

394 comparable

Top 10 companies

71.9%

05
227 companies

1.4B RON

Turnover · 2025/2024+17.3%

119 comparable

Top 10 companies

72.8%

06
980 companies

1.29B RON

Turnover · 2025/2024+14.2%

725 comparable

Top 10 companies

40.1%

07
1 companies

1.05B RON

Turnover · 2025/2024-0.9%

1 comparable

Top 10 companies

100%

08
551 companies

793M RON

Turnover · 2025/2024+7.6%

437 comparable

Top 10 companies

33.6%

09
18 companies

764.27M RON

Turnover · 2025/2024+25.3%

14 comparable

Top 10 companies

100%

10
37 companies

648.97M RON

Turnover · 2025/2024+1.8%

29 comparable

Top 10 companies

94.8%

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 660.56K RON a year and keeps 0.9% of sales as net profit.

Median turnover
660.56K RON
27 values available
Median net margin
0.9%
24 eligible companies
Aggregate net margin
16.7%
Cumulative profit / cumulative sales, same companies
Profitable companies
63%
17 of 27 with a known result
National median · CAEN 4221
11.7%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss729.2%
  • Zero result00%
  • Above 0–2%729.2%
  • Above 2–5%00%
  • Above 5–10%14.2%
  • Above 10%937.5%

24 companies with a known profit and positive sales; 3 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.

45.8% of the 24 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
-3.3%
24 companies with turnover in both years
Median turnover change
-5.2%
Only companies with a positive 2024 baseline
Number of employees
-2.5%
23 companies with employees reported in both years

More sales or fewer?

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

  • Growth1145.8%
  • Decline1250%
  • No change14.2%

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 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: -3.3% 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.

The five-year growth pace

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

Nationally: +11.6% 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.

How many companies still file after five years

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

Nationally: 48.1% 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.

Where money is lost

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

Nationally: 37% 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

Companies with negative equity · % of those reporting equity

Nationally: 18.5% 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.

How much the top 10 hold

Share of the top 10 companies in turnover · %

Nationally: 92.1% 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.

What the middle company earns

Median turnover · RON

Nationally: 660.56K 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

Turnover per employee · RON

Nationally: 492.01K 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.

/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 · Satu Mare · CAEN 4221.

In Satu Mare, the 2025 report covers 27 companies with available indicators (CAEN 4221). This is the observed sample, not the number of all registered companies.

The median net margin is 0.9% in 2025, computed for 24 companies with positive sales and a known net result, including loss-making companies. 3 companies do not meet these conditions.

7 companies have strictly positive margins of at most 2% (29.2% of eligible companies). 7 eligible companies have negative margins.

17 of 27 companies with a known net result are profitable: 63%. The cumulative net result, after subtracting losses, is 10.61M RON.

The cumulative turnover of the 24 comparable companies changed by -3.3% between 2024 and 2025, in nominal RON.

Counties · 42
Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Alba1231.43M RON10.57M RON3825.75M RON27.7%
Arad30113.44M RON20.92M RON23912.97M RON14.6%
Argeș4094.72M RON10.99M RON27715.39M RON12.3%
Bacău1992.92M RON2.36M RON25823.66M RON8.8%
Bihor64262.57M RON57.68M RON38084.93M RON11.3%
Bistrița-Năsăud3044M RON8.61M RON9619.29M RON7.8%
Botoșani20959.36M RON94.06M RON406149.1M RON16%
Brăila1620.49M RON3.33M RON42-36.91K RON26%
Brașov2659.29M RON-2.34M RON1185.81M RON12.8%
București1491.82B RON142.26M RON2,615130.77M RON13.1%
Buzău2752.15M RON7.37M RON12922.2M RON13.6%
Călărași1925.18M RON2.75M RON659.54M RON21.3%
Caraș-Severin71.2M RON377.17K RON111.51M RON12.9%
Cluj56429.23M RON45.05M RON429134.58M RON12.2%
Constanța48228.74M RON22.52M RON43147.4M RON11.7%
Covasna83.74M RON219.97K RON1676.06K RON-43.1%
Dâmbovița26121.71M RON14.45M RON18845.34M RON10.9%
Dolj4639.1M RON20.41M RON14627.72M RON13.4%
Galați28108.38M RON12.54M RON16945.83M RON22.7%
Giurgiu95.3M RON-1.01M RON314.27M RON-6.9%
Gorj91.5M RON-1.76M RON15412.71K RON9.7%
Harghita2025.92M RON1.16M RON9615.65M RON2.1%
Hunedoara2034.58M RON4.39M RON11512.79M RON5%
Ialomița1219.53M RON3.49M RON291.63M RON25.5%
Iași36268.57M RON28.12M RON454107.53M RON20.2%
Ilfov76271.67M RON20.69M RON448124.61M RON12.5%
Maramureș2984.89M RON2.22M RON27043.55M RON2.1%
Mehedinți1140.66M RON5.01M RON10310.01M RON18.7%
Mureș32538.98M RON34.84M RON617156.71M RON11.3%
Neamț23107.79M RON14.55M RON228-27.55M RON11.4%
Olt2855.03M RON8.88M RON1094.67M RON20%
Prahova70296.89M RON29.4M RON610151.79M RON10.8%
Sălaj2614.61M RON2.09M RON526.56M RON2.4%
Satu Mare2763.76M RON10.61M RON11941.87M RON0.9%
Sibiu25111.64M RON10.24M RON16544.7M RON15.4%
Suceava26186.34M RON14.91M RON33053.2M RON10.7%
Teleorman1033.36M RON12.4M RON3321.92M RON14.1%
Timiș52355.02M RON31.15M RON388152.61M RON3%
Tulcea1933.81M RON1.87M RON11025.01M RON17.8%
Vâlcea2250.36M RON8.68M RON5731.79M RON14.1%
CAEN sectors · Satu Mare · 41
CAEN sectors · Satu Mare · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Fabricarea altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3) · CAEN 261232.32B RON129M RON2,233917.78M RON5.5%
Comerț cu ridicata de piese și accesorii pentru autovehicule · CAEN 4531231.84B RON2.13M RON1,131517.73M RON2.2%
Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat · CAEN 4621521.84B RON19.34M RON402467.43M RON1.4%
Comerț alimentar nespecializat · CAEN 47114661.57B RON6.54M RON3,374104.28M RON1.7%
Construcții de clădiri · CAEN 41002271.4B RON187.23M RON1,906467.13M RON19.7%
Construcții de clădiri · CAEN 41209801.29B RON133.22M RON2,906338.16M RON6.9%
Fabricarea de aparate electrocasnice · CAEN 275111.05B RON13.17M RON569196.29M RON1.2%
Transport rutier de mărfuri · CAEN 4941551793M RON30.63M RON1,710138.51M RON2.4%
Comerț cu ridicata al produselor chimice · CAEN 467518764.27M RON4.7M RON177306.69M RON2.3%
Comerț cu ridicata nespecializat de produse alimentare, băuturi și tutun · CAEN 463937648.97M RON25.87M RON733173.21M RON2.7%
Cultivarea cerealelor (excluzând orezul), plantelor leguminoase și a plantelor oleaginoase · CAEN 0111268638.08M RON49.96M RON741524.83M RON5.3%
Fabricarea armamentului și muniției (Rev.2) / Fabricarea produselor metalice obținute prin deformare plastică; metalurgia pulberilor (Rev.3) · CAEN 25402525.84M RON8.1M RON287177.12M RON3.5%
Fabricarea produselor de morărit · CAEN 106122519.31M RON-4.86M RON40121.12M RON1.5%
Fabricarea produselor din carne (inclusiv din carne de pasăre) · CAEN 101314463.32M RON-488.3K RON1,188231.86M RON3.8%
Fabricarea uleiurilor și grăsimilor · CAEN 10415440.62M RON46.19M RON234477.52M RON24.4%
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 467390375.51M RON15.64M RON445166.79M RON2.2%
Fabricarea preparatelor pentru hrana animalelor de companie · CAEN 10924356.17M RON26.05M RON461107.69M RON7.3%
Fabricarea de construcții metalice și părți componente ale structurilor metalice · CAEN 251170346.36M RON11.47M RON83778.68M RON3.8%
Fabricarea altor echipamente electrice · CAEN 27901331.02M RON11.99M RON1,880162.36M RON3.6%
Creșterea păsărilor · CAEN 014732314.13M RON31.08M RON327181.77M RON4.4%
Comerț cu ridicata nespecializat · CAEN 4690122309.72M RON8.48M RON57583.25M RON4.1%
Fabricarea de mobilă · CAEN 310044297.34M RON16.62M RON1,027131.4M RON3.6%
Lucrări de construcții a drumurilor și autostrăzilor · CAEN 421193280.63M RON68.4M RON522113.24M RON19.3%
Prelucrarea și conservarea cărnii de pasăre · CAEN 10126271.43M RON4.7M RON332-122.11M RON6.5%
Depozitări · CAEN 521014258.88M RON3.32M RON23170.98M RON1.4%
Comerț cu autoturisme și autovehicule ușoare (sub 3,5 tone) · CAEN 451145256.52M RON8.69M RON11723.87M RON1.1%
Fabricarea articolelor din material plastic pentru construcții (Rev.2) / Fabricarea de uși și ferestre din material plastic (Rev.3) · CAEN 222331253.65M RON4.84M RON62759.83M RON1.5%
Comerț cu amănuntul prin intermediul caselor de comenzi sau prin internet (Rev.2) / Intermedieri în comerțul cu amănuntul nespecializat (Rev.3) · CAEN 4791198246.96M RON19.01M RON18237.86M RON5.2%
Fabricarea altor produse din cauciuc · CAEN 22193240.5M RON1.19M RON38767.66M RON-2%
Activități în ferme mixte (cultura vegetală combinată cu creșterea animalelor) · CAEN 015057208.77M RON10.25M RON17176.2M RON2.2%
Activități de inginerie și consultanță tehnică legate de acestea · CAEN 7112251202.34M RON33.58M RON54271.01M RON22.6%
Comerț cu amănuntul nespecializat, cu vânzare predominantă de produse nealimentare · CAEN 471237197.94M RON8.14M RON29265.31M RON4.2%
Comerț cu amănuntul al produselor farmaceutice · CAEN 477355194.17M RON4.99M RON30322.72M RON2.2%
Comerț cu amănuntul în magazine nespecializate, cu vânzare predominantă de produse nealimentare · CAEN 4719131187.42M RON6.68M RON41245.43M RON2.5%
Fabricarea pâinii; fabricarea prăjiturilor și a produselor proaspete de patiserie · CAEN 1071148175.98M RON15.47M RON97643.21M RON2.6%
Comerț cu amănuntul al produselor din tutun, în magazine specializate (Rev.2) / Comerț cu amănuntul al produselor din tutun (Rev.3) · CAEN 47267173.45M RON10.02M RON5127.98M RON5%
Lucrări de instalații electrice · CAEN 4321124172.14M RON26.08M RON53259.56M RON13.4%
Comerț cu amănuntul al articolelor de fierărie, al articolelor din sticlă și a celor pentru vopsit, în magazine specializate (Rev.2) / Comerț cu amănuntul al articolelor de fierărie, al materialelor de construcții, al articolelor din sticlă și a celor pentru vopsit (Rev.3) · CAEN 475266170.19M RON12.17M RON26264.44M RON4.5%
Fabricarea plăcilor, foliilor, tuburilor și profilelor din material plastic · CAEN 22213165.11M RON2.92M RON36290.4M RON0.8%
Fabricarea de mobilă pentru birouri și magazine · CAEN 310114161.21M RON16.9M RON42254.23M RON6.4%
Local units · Satu Mare · 12
Local units · Satu Mare · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Satu Mare1128.51M RON3.19M RON5324.28M RON1.5%
Negrești-Oaș328.68M RON7.27M RON4010.96M RON17.2%
Apa1583.05K RON-29.12K RON3-37.97K RON-5%
Botiz10 RON-8.34K RON0-190.96K RON—
Craidorolț1176.4K RON-17.93K RON1128.7K RON-10.2%
Culciu11.22M RON-70.49K RON3289.23K RON-5.8%
Gherța Mică11.04M RON4.1K RON31.75M RON0.4%
Livada1660.56K RON134.38K RON3643.34K RON20.3%
Săcășeni172.15K RON-69.72K RON2-50.23K RON-96.6%
Turț32.04M RON149.31K RON72.5M RON10.1%
Vama270K RON47.72K RON01.5M RON77.8%
Viile Satu Mare1702.69K RON6.58K RON4104.67K RON0.9%
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 Satu Mare1541.74B RON
UAT Carei45117.41M RON
UAT Halmeu14.64M RON
UAT Porumbești1334.16K RON
UAT Vama1961.59K RON
UAT Acâș2864.95K RON
UAT Urziceni15.6M RON
UAT Tarna Mare24.8M RON
UAT Craidorolț14.69M RON
UAT Foieni2833.31K RON
UAT Micula111.03M RON
UAT Ardud72.19M RON
UAT Săuca412.81M RON
UAT Gherța Mică11.45M RON
UAT Supur11.09M RON
UAT Crucișor12.41M RON
UAT Beltiug1850.46K RON
UAT Călinești-Oaș227.06M RON
UAT Bogdand1467.37K RON
UAT Moftin36.67M RON
UAT Apa14.72M RON
UAT Agriș12.01M 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 — Satu Mare, CAEN 4221. Version 20260918174703963, computed on 2026-09-18T17:47:03.963Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Satu+Mare&caen=4221#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918174703963

CSV · this versionCSV field definitionsMethodology and sources

/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