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 46212025
Bihor: 137.11M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-773.4K
93.3M
407.8M
944.4M
1.7B

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: Bihor · CAEN 4621

Bihor · Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat · CAEN 4621 · balance sheets available for 2025

Size of the selection

Updated 9/18/2026, 2:44:30 PM · balance sheets 2025 / 2024

Companies analysed
94
With at least one financial indicator available
Cumulative turnover
1.18B RON
90 companies with a known value
Cumulative net result
4.46M RON
94 companies · profit minus losses
Employees reported
304
79 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.

Bihor holds 2.6% of observed sales in the selected sector, with 94 companies.

Counties by turnover

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

  1. 15.79B RON34.8%
  2. 7.08B RON15.6%
  3. 3.06B RON6.7%
  4. 2.32B RON5.1%
  5. 1.84B RON4%
  6. 1.43B RON3.1%
  7. 1.4B RON3.1%
  8. 1.18B RON2.6%

Where the employees are

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

  1. 1,53819.7%
  2. 80410.3%
  3. 5216.7%
  4. 4025.2%
  5. 3995.1%
  6. 3935%
  7. 3754.8%
  8. 3043.9%
/02CAEN sectors

Which sectors drive the economy?

Compare the main activities in Bihor. 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 24.8%.

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 mărfuri24.8%
40 sectors · descending orderTurnover · 2025
01
2,724 companies

5.88B RON

Turnover · 2025/2024+8%

2,001 comparable

Top 10 companies

24.8%

02
17 companies

3.39B RON

Turnover · 2025/2024+9.9%

16 comparable

Top 10 companies

99.8%

03
6 companies

2.14B RON

Turnover · 2025/2024-15.2%

6 comparable

Top 10 companies

100%

04
2 companies

1.95B RON

Turnover · 2025/2024+26.1%

1 comparable

Top 10 companies

100%

05
1,435 companies

1.29B RON

Turnover · 2025/2024+15.1%

1,017 comparable

Top 10 companies

44.1%

06
405 companies

1.27B RON

Turnover · 2025/2024+38%

228 comparable

Top 10 companies

72.8%

07
1,045 companies

1.22B RON

Turnover · 2025/2024+1.2%

747 comparable

Top 10 companies

24.9%

08
117 companies

1.21B RON

Turnover · 2025/2024-14.7%

93 comparable

Top 10 companies

76.7%

09
94 companies

1.18B RON

Turnover · 2025/2024+16%

80 comparable

Top 10 companies

87.4%

10
337 companies

936.46M RON

Turnover · 2025/2024+1.2%

255 comparable

Top 10 companies

53.7%

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 797.98K RON a year and keeps 1.4% of sales as net profit.

Median turnover
797.98K RON
90 values available
Median net margin
1.4%
72 eligible companies
Aggregate net margin
1.4%
Cumulative profit / cumulative sales, same companies
Profitable companies
58.5%
55 of 94 with a known result
National median · CAEN 4621
1.5%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss1825%
  • Zero result00%
  • Above 0–2%2331.9%
  • Above 2–5%1216.7%
  • Above 5–10%1013.9%
  • Above 10%912.5%

72 companies with a known profit and positive sales; 22 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.

47.5% of the 80 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
+16%
80 companies with turnover in both years
Median turnover change
+2.6%
Only companies with a positive 2024 baseline
Number of employees
+3.1%
65 companies with employees reported in both years

More sales or fewer?

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

  • Growth3847.5%
  • Decline3138.8%
  • No change1113.8%

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: +16% in 2025. Highest values: Cluj (+358.7%), Vrancea (+108.5%), Alba (+92.3%), Gorj (+86.1%), Botoșani (+75.7%). Lowest: Suceava (-40%), Hunedoara (-38.2%), Ilfov (-25.4%), Mehedinți (-24%), Sălaj (-22.8%). 42 counties with data.

The five-year growth pace

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

Nationally: +8.9% in 2025. Highest values: Cluj (+47.5%), Vaslui (+35.9%), Neamț (+33.4%), Galați (+31.9%), Gorj (+30.4%). Lowest: Hunedoara (-30.3%), Bacău (-4.1%), Prahova (-0.8%), Sălaj (-0.5%), Bistrița-Năsăud (+0.6%). 40 counties with data.

How many companies still file after five years

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

Nationally: 69.3% in 2025. Highest values: Caraș-Severin (100%), Sălaj (88.9%), Călărași (84.6%), Ilfov (82.5%), Prahova (82.1%). Lowest: Botoșani (42.1%), Vrancea (57.1%), Gorj (57.1%), Iași (58.2%), Brașov (58.3%). 42 counties with data.

Where money is lost

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

Nationally: 29.8% in 2025. Highest values: Bistrița-Năsăud (53.8%), Sălaj (46.7%), Caraș-Severin (44.4%), București (43.4%), Cluj (42.3%). Lowest: Neamț (12.5%), Dâmbovița (12.5%), Vrancea (17.6%), Tulcea (19.6%), Galați (21.6%). 42 counties with data.

Companies with negative equity

Companies with negative equity · % of those reporting equity

Nationally: 27.7% in 2025. Highest values: Caraș-Severin (55.6%), Sălaj (53.3%), Gorj (39.5%), București (39.4%), Bistrița-Năsăud (38.5%). Lowest: Vaslui (12.5%), Tulcea (14.3%), Vrancea (17.6%), Galați (17.6%), Mureș (18%). 42 counties with data.

How much the top 10 hold

Share of the top 10 companies in turnover · %

Nationally: 87.4% in 2025. Highest values: Alba (99.8%), Sibiu (99.4%), Giurgiu (98.8%), Cluj (98.3%), Maramureș (98.2%). Lowest: Constanța (74%), Dolj (75.4%), Arad (76.1%), Iași (76.3%), Timiș (78%). 33 counties with data.

What the middle company earns

Median turnover · RON

Nationally: 797.98K RON in 2025. Highest values: Botoșani (4.81M RON), Tulcea (4.16M RON), Brăila (3.42M RON), Constanța (3.08M RON), Călărași (2.79M RON). Lowest: Sălaj (5.21K RON), Caraș-Severin (146.81K RON), Bacău (147.12K RON), Bistrița-Năsăud (147.79K RON), Cluj (152.58K RON). 42 counties with data.

Turnover per employee

Turnover per employee · RON

Nationally: 3.77M RON in 2025. Highest values: București (10.09M RON), Giurgiu (9.63M RON), Constanța (8.23M RON), Brăila (7.73M RON), Tulcea (7.39M RON). Lowest: Mehedinți (492.79K RON), Harghita (611.56K RON), Caraș-Severin (653.07K RON), Bacău (654.51K RON), Mureș (802.34K 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 · Bihor · CAEN 4621.

In Bihor, the 2025 report covers 94 companies with available indicators (CAEN 4621). This is the observed sample, not the number of all registered companies.

The median net margin is 1.4% in 2025, computed for 72 companies with positive sales and a known net result, including loss-making companies. 22 companies do not meet these conditions.

23 companies have strictly positive margins of at most 2% (31.9% of eligible companies). 18 eligible companies have negative margins.

55 of 94 companies with a known net result are profitable: 58.5%. The cumulative net result, after subtracting losses, is 4.46M RON.

The cumulative turnover of the 80 comparable companies changed by +16% between 2024 and 2025, in nominal RON.

Counties · 43
Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Alba24428.8M RON8.68M RON7740.53M RON2.5%
Arad751.17B RON-1.74M RON26494.04M RON0.7%
Argeș62497.04M RON12.82M RON14949.14M RON2.1%
Bacău3151.52M RON1.08M RON258.25M RON1.6%
Bihor941.18B RON4.46M RON304137.11M RON1.4%
Bistrița-Năsăud1323.91M RON303.85K RON14785.07K RON-0.7%
Botoșani27421.14M RON11.39M RON12133.91M RON2.1%
Brăila571.4B RON22.54M RON17393.05M RON1%
Brașov2069.65M RON5.1M RON2515.18M RON2.3%
București16015.79B RON-119.78M RON1,5381.7B RON2.6%
Buzău591.43B RON-42.63M RON39362.37M RON1.6%
Călărași561.04B RON29M RON23290.74M RON1.5%
Caraș-Severin915.05M RON1.02M RON234.24M RON4.1%
Cluj52863.2M RON24.16M RON189159.51M RON1.5%
Constanța1607.08B RON-30.98M RON804169.54M RON0.6%
Covasna14158.64M RON4.44M RON348.53M RON3.3%
Dâmbovița32212.29M RON4.48M RON8626.55M RON3.6%
Dolj84793.7M RON19M RON24797.04M RON1.2%
Galați51670.16M RON10.75M RON9270.82M RON2.7%
Giurgiu28339.79M RON5.1M RON359.55M RON1.1%
Gorj38160.28M RON3.67M RON13011.51M RON1.5%
Harghita2030.23M RON1.04M RON476.3M RON1.8%
Hunedoara1825.18M RON889.53K RON81.17M RON1.2%
Ialomița60691.56M RON10.58M RON18644.99M RON0.9%
Iași74462.61M RON-6.04M RON9014.46M RON2.6%
Ilfov69976.18M RON31.52M RON13655.27M RON2.3%
Județ necunoscut14.15K RON2.08K RON11.46K RON50.1%
Maramureș28177.11M RON6.87M RON10630.62M RON2.3%
Mehedinți128.16M RON278.96K RON175.55M RON7.9%
Mureș5096.62M RON2.9M RON9912.07M RON2.5%
Neamț1683.68M RON8.19M RON259.63M RON3.4%
Olt31181.6M RON1.23M RON8445.47M RON1.9%
Prahova46553.04M RON-62.71M RON52189.62M RON3.4%
Sălaj1512.05M RON-93.81K RON9-773.4K RON0.3%
Satu Mare521.84B RON19.34M RON402467.43M RON1.4%
Sibiu22127.71M RON3.68M RON4022.38M RON3.6%
Suceava38389.71M RON9.23M RON12431.38M RON2.3%
Teleorman49343.65M RON948.09K RON60661.51K RON0.7%
Timiș1072.32B RON15.7M RON375253.23M RON0.9%
Tulcea563.06B RON63.74M RON399348.22M RON0.8%
CAEN sectors · Bihor · 40
CAEN sectors · Bihor · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Transport rutier de mărfuri · CAEN 49412,7245.88B RON191.63M RON10,895765.22M RON2.6%
Fabricarea altor piese și accesorii pentru autovehicule și pentru motoare de autovehicule · CAEN 2932173.39B RON59.43M RON2,159709.85M RON6.1%
Fabricarea altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3) · CAEN 261262.14B RON37.74M RON3,240427.78M RON-4.5%
Fabricarea calculatoarelor și a echipamentelor periferice · CAEN 262021.95B RON30.59M RON1,421360.06M RON1.6%
Construcții de clădiri · CAEN 41201,4351.29B RON96.5M RON3,635242.59M RON5.4%
Construcții de clădiri · CAEN 41004051.27B RON110.12M RON2,260368.89M RON9.8%
Comerț alimentar nespecializat · CAEN 47111,0451.22B RON29.26M RON2,62678M RON1.9%
Lucrări de construcții a drumurilor și autostrăzilor · CAEN 42111171.21B RON130.46M RON1,890465.66M RON10.9%
Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat · CAEN 4621941.18B RON4.46M RON304137.11M RON1.4%
Comerț cu ridicata nespecializat · CAEN 4690337936.46M RON43.95M RON895219.16M RON4.4%
Comerț cu ridicata nespecializat de produse alimentare, băuturi și tutun · CAEN 463977880.52M RON-33.97M RON1,365-75.17M RON3.5%
Comerț cu ridicata al combustibililor solizi, lichizi și gazoși și al produselor derivate · CAEN 468114833.9M RON22.83M RON191124.54M RON1.6%
Creșterea păsărilor · CAEN 014762814.01M RON248.46M RON528499.47M RON5.5%
Colectarea deșeurilor nepericuloase · CAEN 381131800.79M RON17.76M RON2,160165.73M RON3.6%
Cultivarea cerealelor (excluzând orezul), plantelor leguminoase și a plantelor oleaginoase · CAEN 0111348789.5M RON43.63M RON1,022617.38M RON2.9%
Comerț cu ridicata al materialului lemnos și a materialelor de construcție și echipamentelor sanitare · CAEN 468399772.7M RON22.7M RON663145.69M RON3.4%
Fabricarea articolelor din material plastic pentru construcții (Rev.2) / Fabricarea de uși și ferestre din material plastic (Rev.3) · CAEN 222363731.86M RON20.98M RON1,285369.92M RON1.4%
Fabricarea altor produse din material plastic · CAEN 222616702.68M RON48.41M RON1,674339.93M RON6.5%
Alte activități anexe transporturilor · CAEN 522643698.47M RON10.86M RON52584.12M RON5.2%
Intermedieri în comerțul cu produse diverse · CAEN 4619361690.12M RON65.05M RON386423.13M RON16.5%
Comerț cu amănuntul al produselor farmaceutice · CAEN 4773162666.43M RON23.71M RON815103.6M RON1.2%
Comerț cu autoturisme și autovehicule ușoare (sub 3,5 tone) · CAEN 4511111660.7M RON20.23M RON31080.73M RON1.4%
Activități de inginerie și consultanță tehnică legate de acestea · CAEN 7112559609.6M RON73.09M RON1,423247.94M RON20.6%
Dezvoltare (promovare) imobiliară · CAEN 681246588.84M RON178.05M RON82258.16M RON16.6%
Fabricarea de construcții metalice și părți componente ale structurilor metalice · CAEN 2511166573.75M RON58.1M RON1,137220.79M RON4.3%
Lucrări de instalații electrice · CAEN 4321352535.04M RON69.2M RON1,172123.26M RON11%
Comerț cu carburanți · CAEN 473065525.84M RON10.27M RON42985.5M RON2.5%
Comerț cu ridicata al combustibililor solizi, lichizi și gazoși al produselor derivate (Rev.2) / Comerț cu ridicata al autovehiculelor (Rev.3) · CAEN 467143518.08M RON8.77M RON17371.76M RON2.4%
Fabricarea încălțămintei · CAEN 1520126492.55M RON4.7M RON2,080106M RON0.4%
Activități de asistență medicală specializată · CAEN 8622456464.02M RON104M RON1,204183.59M RON32%
Închirierea și subînchirierea bunurilor imobiliare proprii sau în leasing (Rev.2) / Închirierea și subînchirierea bunurilor imobiliare proprii sau închiriate (Rev.3) · CAEN 6820543458.66M RON108.42M RON6041.39B RON20.1%
Alte activități anexe transporturilor · CAEN 5229134449.63M RON27.57M RON48362.65M RON5.1%
Fabricarea anvelopelor și a camerelor de aer; reșaparea și refacerea anvelopelor · CAEN 22113421.86M RON14.39M RON439979.07M RON3.2%
Comerț cu ridicata al fructelor și legumelor · CAEN 4631113419.66M RON5.21M RON31512.1M RON1%
Comerț cu amănuntul prin intermediul caselor de comenzi sau prin internet (Rev.2) / Intermedieri în comerțul cu amănuntul nespecializat (Rev.3) · CAEN 4791878415.78M RON44.62M RON52667.47M RON4.5%
Comerț cu ridicata al animalelor vii · CAEN 462331411.26M RON18.08M RON8540.43M RON2.8%
Fabricarea de mobilă n.c.a. · CAEN 3109166410.82M RON-664.63K RON1,21564.34M RON1%
Fabricarea hârtiei și cartonului ondulat și a ambalajelor din hârtie și carton · CAEN 172124409.01M RON11.06M RON659149.52M RON0.4%
Comerț cu ridicata al băuturilor · CAEN 463456403.88M RON14M RON13878.46M RON3.1%
Furnizarea de abur și aer condiționat · CAEN 35303395.3M RON-59.25M RON528-294.71M RON-15%
Local units · Bihor · 34
Local units · Bihor · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Oradea32210.75M RON12.23M RON7763.89M RON0.6%
Sânmartin220.96M RON246.68K RON4501.95K RON4.7%
Sântandrei31.64M RON6.67K RON2170.33K RON0.5%
Beiuș1329.92K RON-57.2K RON2-157.93K RON-17.3%
Marghita316.17M RON55.88K RON145.16M RON0.9%
Salonta312.84M RON747.69K RON174.61M RON7.4%
Avram Iancu15.14M RON-489.86K RON615.25K RON-9.5%
Batăr215.66K RON-10.07K RON0-46.35K RON9.3%
Biharia3717.08M RON-16.32M RON12758.13M RON-0.6%
Borod1123.15K RON25.29K RON29.26K RON20.5%
Borș3253.35K RON1.34M RON12.27M RON528.5%
Cefa18.11M RON74.51K RON068.4K RON0.9%
Sâniob1372.27K RON955 RON022.65K RON0.3%
Ciumeghiu313.24M RON914.15K RON11.32M RON2.5%
Cociuba Mare11.97M RON1.12M RON11.21M RON56.9%
Curtuișeni28.94M RON63.56K RON182.15K RON0.5%
Diosig163.68M RON1.16M RON95.72M RON1.8%
Drăgănești2345.71K RON-3.43K RON1-13.94M RON20.9%
Hidișelu de Sus22.24M RON205.56K RON483.94K RON2.9%
Lăzăreni11.57M RON428.36K RON41.69M RON27.3%
Mădăras25.2M RON255.75K RON0496.14K RON6.1%
Olcea1381.81K RON15.32K RON18.09K RON4%
Oșorhei50 RON0 RON0-6.69K RON
Popești1-4.56K RON9.9K RON
Remetea1185.09K RON8.31K RON13.29K RON4.5%
Săcădat13.55M RON-354.69K RON1-562.89K RON-10%
Sălard31.09M RON-240.95K RON2-706.72K RON1.8%
Tarcea26.28M RON60.86K RON1582.16K RON1.2%
Tileagd10 RON0 RON0-11.68K RON
Tinca328.29M RON1.88M RON134.35M RON8.7%
Valea lui Mihai347.35M RON1.02M RON132.1M RON3%
Paleu181.8K RON-3.07K RON1-92.43K RON-3.8%
Sânnicolau Român15.55M RON110.56K RON255.29K RON2%
Gepiu1169.75K RON-33.78K RON017.09K RON-19.9%
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 Oradea4003.52B RON
UAT Beiuș2135.49M RON
UAT Aleșd21.39M RON
UAT Salonta1244.88M RON
UAT Marghita715.88M RON

Cite the report

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 — Bihor, CAEN 4621. Version 20260918114430147, computed on 2026-09-18T11:44:30.147Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Bihor&caen=4621#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918114430147

/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