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 42912025
Argeș: 3.9M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-284.6M
-90.1M
-4.5M
27.7M
159.9M

34 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 4291

Argeș · Construcții hidrotehnice · CAEN 4291 · balance sheets available for 2025

Size of the selection

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

Companies analysed
4
With at least one financial indicator available
Cumulative turnover
12.05M RON
4 companies with a known value
Cumulative net result
1.03M RON
4 companies · profit minus losses
Employees reported
18
4 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 0.5% of observed sales in the selected sector, with 4 companies.

Counties by turnover

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

  1. 737.86M RON31.4%
  2. 287.17M RON12.2%
  3. 210.32M RON9%
  4. 209.32M RON8.9%
  5. 159.99M RON6.8%
  6. 131.27M RON5.6%
  7. 107.7M RON4.6%
  8. 101.17M RON4.3%

Where the employees are

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

  1. 38613.5%
  2. 2498.7%
  3. 2468.6%
  4. 2378.3%
  5. 2358.2%
  6. 2237.8%
  7. 2107.4%
  8. 1866.5%
/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

Construcții hidrotehnice · 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 2.43M RON a year and keeps 15.2% of sales as net profit.

Median turnover
2.43M RON
4 values available
Median net margin
15.2%
4 eligible companies
Aggregate net margin
8.5%
Cumulative profit / cumulative sales, same companies
Profitable companies
100%
4 of 4 with a known result
National median · CAEN 4291
5.6%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss00%
  • Zero result00%
  • Above 0–2%125%
  • Above 2–5%00%
  • Above 5–10%00%
  • Above 10%375%

4 companies with a known profit and positive sales; 0 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.

100% of the 4 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
+51.3%
4 companies with turnover in both years
Median turnover change
+50.6%
Only companies with a positive 2024 baseline
Number of employees
+20%
4 companies with employees reported in both years

More sales or fewer?

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

  • Growth4100%
  • Decline00%
  • No change00%

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

Highest values: Dolj (+181.1%), Bacău (+60.1%), Tulcea (+29.8%), Suceava (+16.6%), Satu Mare (+11.1%). Lowest: Mureș (-53.4%), Maramureș (-53.2%), Bihor (-24.9%), Prahova (-19.5%), Constanța (-9.6%). 12 counties with data.

The five-year growth pace

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

Highest values: Constanța (+48.2%), Tulcea (+37.4%), Galați (+26.5%), Dolj (+26.2%), Satu Mare (+7.3%). Lowest: Bihor (-26.3%), București (-12.9%), Prahova (-2.9%), Maramureș (-2%). 9 counties with data.

How many companies still file after five years

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

Highest values: Constanța (88.9%), Suceava (87.5%), Bacău (83.3%), Galați (80%), Satu Mare (78.6%). Lowest: Iași (33.3%), Bihor (42.9%), București (51.4%), Maramureș (55.6%), Prahova (58.3%). 15 counties with data.

Where money is lost

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

Highest values: Bihor (70%), Mureș (66.7%), București (57.7%), Constanța (50%), Galați (44.4%). Lowest: Timiș (14.3%), Prahova (14.3%), Satu Mare (18.8%), Suceava (22.2%), Maramureș (25%). 14 counties with data.

Companies with negative equity

Companies with negative equity · % of those reporting equity

Highest values: Cluj (80%), Constanța (56.3%), București (53.8%), Suceava (44.4%), Galați (33.3%). Lowest: Bacău (11.1%), Dolj (12.5%), Satu Mare (18.8%), Bihor (20%), Maramureș (25%). 14 counties with data.

How much the top 10 hold

Share of the top 10 companies in turnover · %

    Highest values: București (99.9%). Lowest: . 1 counties with data.

    What the middle company earns

    Median turnover · RON

    Nationally: 2.43M RON in 2025. Highest values: Giurgiu (105.16M RON), Neamț (50.59M RON), Iași (16.95M RON), Harghita (11.85M RON), Dolj (8.58M RON). Lowest: Vrancea (0 RON), Sibiu (0 RON), Covasna (17.5K RON), Cluj (28.56K RON), București (45.15K RON). 34 counties with data.

    Turnover per employee

    Turnover per employee · RON

    Nationally: 669.53K RON in 2025. Highest values: Constanța (2.96M RON), Neamț (1.66M RON), Galați (1.12M RON), Dolj (972.96K RON), Giurgiu (887.41K RON). Lowest: Brăila (110.83K RON), Vrancea (115.05K RON), Hunedoara (119.17K RON), Caraș-Severin (130.87K RON), Gorj (170.2K RON). 33 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 4291.

    In Argeș, the 2025 report covers 4 companies with available indicators (CAEN 4291). This is the observed sample, not the number of all registered companies.

    The median net margin is 15.2% in 2025, computed for 4 companies with positive sales and a known net result, including loss-making companies. 0 companies do not meet these conditions.

    1 companies have strictly positive margins of at most 2% (25% of eligible companies). 0 eligible companies have negative margins.

    4 of 4 companies with a known net result are profitable: 100%. The cumulative net result, after subtracting losses, is 1.03M RON.

    The cumulative turnover of the 4 comparable companies changed by +51.3% between 2024 and 2025, in nominal RON.

    Counties · 35
    Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
    Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
    Arad1699.2K RON428.41K RON1750.11K RON61.3%
    Argeș412.05M RON1.03M RON183.9M RON15.2%
    Bacău939.97M RON2.87M RON827.34M RON5.7%
    Bihor103.26M RON-235.26K RON1921.94M RON-0.5%
    Bistrița-Năsăud1571.75K RON54.18K RON3734.37K RON9.5%
    Brăila36.98M RON-1.03M RON6312.4M RON-55.7%
    Brașov21.71M RON-886K RON3710.01K RON-228.1%
    București26287.17M RON20.59M RON386-284.57M RON1.8%
    Caraș-Severin15.5M RON55.06K RON422.5M RON1%
    Cluj56.49M RON848.74K RON317.86M RON-21.2%
    Constanța16737.86M RON68.87M RON249-36.56M RON-48.2%
    Covasna235K RON22.2K RON0419.74K RON68.5%
    Dâmbovița37.04M RON2.53M RON304.2M RON19%
    Dolj889.51M RON18.3M RON9222.42M RON8.1%
    Galați9209.32M RON10.44M RON18655.96M RON5.8%
    Giurgiu2210.32M RON44.88M RON237112.94M RON20.6%
    Gorj31.19M RON58.77K RON8606.91K RON0.3%
    Harghita223.7M RON1.94M RON407.28M RON8.2%
    Hunedoara3715.05K RON-49.29K RON62.23M RON4.7%
    Iași363.19M RON2.45M RON16943.21M RON4.9%
    Ilfov422.51M RON3.77M RON584.83M RON16.1%
    Județ necunoscut282.44M RON-2.52M RON13.06M RON-3%
    Maramureș812.61M RON-1.67M RON45-1.45M RON4.8%
    Mehedinți12.9M RON121.62K RON12121.82K RON4.2%
    Mureș6131.27M RON13.98M RON21048.68M RON-5.7%
    Neamț2101.17M RON26.66M RON6122.33M RON26.4%
    Olt42.57M RON153.94K RON91.65M RON12.2%
    Prahova75.64M RON748.14K RON22-2.93M RON13.1%
    Satu Mare16107.7M RON12.69M RON246101.33M RON4.9%
    Sibiu3261.03K RON149.74K RON1799.06K RON57.6%
    Suceava960.15M RON6.45M RON223-11.1M RON2.2%
    Timiș729.94M RON2.2M RON4813.45M RON9.4%
    Tulcea11159.99M RON36.59M RON235159.93M RON14.1%
    Vâlcea32.62M RON210.32K RON141.86M RON7.4%
    Vrancea3460.22K RON36.98K RON4-1.31M RON48.6%
    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 · 3
    Local units · Argeș · 2025 balance sheets · values in RON · unknown values are marked "—".
    Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
    Pitești2103.66K RON26.64K RON273.15K RON31.7%
    Bradu17.16M RON920.65K RON73.02M RON12.9%
    Mărăcineni14.79M RON78.96K RON9801.3K RON1.6%
    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 4291. Version 20260918174703963, computed on 2026-09-18T17:47:03.963Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Arge%C8%99&caen=4291#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