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 46462025
Brașov: 138.27M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-114.5M
253.7M
1.8B
4.8B
9.2B

40 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: Brașov · CAEN 4646

Brașov · Distribuție farmaceutică și medicală · CAEN 4646 · balance sheets available for 2025

Sales

-33.9%

Lower sales, at the same companies.

44 comparable companies · 2025 / 2024

Profitability

12%

Net margin of the typical company.

38 eligible companies · 56.4% of companies with a known result are profitable

Concentration

96%

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, 2:44:30 PM · balance sheets 2025 / 2024

Companies analysed
55
With at least one financial indicator available
Cumulative turnover
618.09M RON
50 companies with a known value
Cumulative net result
25.61M RON
55 companies · profit minus losses
Employees reported
330
45 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.

Brașov holds 0.8% of observed sales in the selected sector, with 55 companies.

Counties by turnover

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

  1. 47.95B RON65.5%
  2. 8.1B RON11.1%
  3. 6.18B RON8.4%
  4. 1.98B RON2.7%
  5. 1.29B RON1.8%
  6. 1.28B RON1.8%
  7. 1.14B RON1.6%
  8. 1.07B RON1.5%

Where the employees are

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

  1. 11,29353.7%
  2. 3,25315.5%
  3. 1,5807.5%
  4. 7503.6%
  5. 6182.9%
  6. 5482.6%
  7. 4372.1%
  8. 3401.6%
/02CAEN sectors

Which sectors drive the economy?

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

In Fabricarea lagărelor, angrenajelor, cutiilor de viteză și a elementelor mecanice de transmisie, ten companies make 100% of sales. In Construcții de clădiri, only 30.9%.

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 lagărelor, angrenajelor, cutiilor de viteză și a elementelor mecanice de transmisie100%
  2. Construcții de clădiri30.9%
40 sectors · descending orderTurnover · 2025
01
24 companies

9.21B RON

Turnover · 2025/2024+2.2%

23 comparable

Top 10 companies

99.4%

02
55 companies

5B RON

Turnover · 2025/2024-1.6%

43 comparable

Top 10 companies

99.1%

03
12 companies

3.73B RON

Turnover · 2025/2024+4.4%

11 comparable

Top 10 companies

100%

04
1,183 companies

2.61B RON

Turnover · 2025/2024+6.7%

927 comparable

Top 10 companies

41%

05
82 companies

1.77B RON

Turnover · 2025/2024+26.8%

72 comparable

Top 10 companies

93.2%

06
6 companies

1.62B RON

Turnover · 2025/2024+14%

4 comparable

Top 10 companies

100%

07
371 companies

1.59B RON

Turnover · 2025/2024-2.5%

304 comparable

Top 10 companies

54.4%

08
1,445 companies

1.52B RON

Turnover · 2025/2024+5.9%

1,066 comparable

Top 10 companies

30.9%

09
956 companies

1.29B RON

Turnover · 2025/2024+0.8%

771 comparable

Top 10 companies

27.7%

10
3 companies

1.28B RON

Turnover · 2025/2024+10.2%

3 comparable

Top 10 companies

100%

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 377.56K RON a year and keeps 12% of sales as net profit.

Median turnover
377.56K RON
50 values available
Median net margin
12%
38 eligible companies
Aggregate net margin
4.4%
Cumulative profit / cumulative sales, same companies
Profitable companies
56.4%
31 of 55 with a known result
National median · CAEN 4646
7.2%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss718.4%
  • Zero result00%
  • Above 0–2%25.3%
  • Above 2–5%513.2%
  • Above 5–10%410.5%
  • Above 10%2052.6%

38 companies with a known profit and positive sales; 17 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.

56.8% of the 44 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
-33.9%
44 companies with turnover in both years
Median turnover change
+6.7%
Only companies with a positive 2024 baseline
Number of employees
+5.4%
38 companies with employees reported in both years

More sales or fewer?

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

  • Growth2556.8%
  • Decline1431.8%
  • No change511.4%

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: -33.9% in 2025. Highest values: Hunedoara (+26.9%), Satu Mare (+23.8%), Bacău (+22.9%), Bistrița-Năsăud (+22.3%), Sibiu (+20.2%). Lowest: Buzău (-55.7%), Brașov (-33.9%), Vaslui (-20.5%), Galați (-18.3%), Maramureș (-14.3%). 30 counties with data.

The five-year growth pace

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

Nationally: -7.9% in 2025. Highest values: Mureș (+20.8%), Prahova (+20.3%), Bistrița-Năsăud (+19.9%), Maramureș (+17.4%), Constanța (+17.1%). Lowest: Brașov (-7.9%), Galați (-5.4%), Buzău (-2.2%), Dâmbovița (-0.7%), Bacău (+0.4%). 27 counties with data.

How many companies still file after five years

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

Nationally: 78.3% in 2025. Highest values: Călărași (100%), Dâmbovița (100%), Teleorman (100%), Bacău (93.8%), Brăila (90.9%). Lowest: Botoșani (20%), Covasna (40%), Constanța (59.5%), Dolj (61.4%), Arad (61.9%). 34 counties with data.

Where money is lost

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

Nationally: 38.2% in 2025. Highest values: Alba (57.1%), Călărași (57.1%), Dâmbovița (50%), Buzău (46.7%), Satu Mare (42.9%). Lowest: Vrancea (10%), Sălaj (12.5%), Arad (12.5%), Vaslui (14.3%), Sibiu (20%). 33 counties with data.

Companies with negative equity

Companies with negative equity · % of those reporting equity

Nationally: 27.3% in 2025. Highest values: Satu Mare (71.4%), Alba (57.1%), Călărași (42.9%), Giurgiu (40%), Bihor (37.7%). Lowest: Vrancea (0%), Bistrița-Năsăud (11.1%), Arad (12.5%), Maramureș (16.7%), Mureș (17%). 33 counties with data.

How much the top 10 hold

Share of the top 10 companies in turnover · %

Nationally: 96% in 2025. Highest values: Argeș (100%), Prahova (99.3%), Dolj (98.8%), Constanța (98.7%), Bacău (98.3%). Lowest: București (49.3%), Cluj (74.7%), Iași (81.6%), Timiș (87.1%), Ilfov (88.5%). 14 counties with data.

What the middle company earns

Median turnover · RON

Nationally: 377.56K RON in 2025. Highest values: Ialomița (4.61M RON), Vaslui (3.77M RON), Vrancea (2.46M RON), Brăila (2.25M RON), Giurgiu (1.87M RON). Lowest: Botoșani (0 RON), Galați (20.03K RON), Alba (70.85K RON), Satu Mare (74.96K RON), Mehedinți (87.87K RON). 40 counties with data.

Turnover per employee

Turnover per employee · RON

Nationally: 1.87M RON in 2025. Highest values: Vaslui (6.41M RON), Argeș (5.13M RON), Mehedinți (4.71M RON), București (4.23M RON), Prahova (3.72M RON). Lowest: Harghita (20.13K RON), Olt (281.58K RON), Sălaj (372.56K RON), Gorj (407.78K RON), Satu Mare (408.75K RON). 39 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 · Brașov · CAEN 4646.

In Brașov, the 2025 report covers 55 companies with available indicators (CAEN 4646). This is the observed sample, not the number of all registered companies.

The median net margin is 12% in 2025, computed for 38 companies with positive sales and a known net result, including loss-making companies. 17 companies do not meet these conditions.

2 companies have strictly positive margins of at most 2% (5.3% of eligible companies). 7 eligible companies have negative margins.

31 of 55 companies with a known net result are profitable: 56.4%. The cumulative net result, after subtracting losses, is 25.61M RON.

The cumulative turnover of the 44 comparable companies changed by -33.9% between 2024 and 2025, in nominal RON.

Counties · 41
Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Alba74.46M RON1.74M RON63.34M RON-1.8%
Arad1640.79M RON5M RON4112.94M RON6.3%
Argeș208.1B RON499.15M RON1,580714.86M RON6.1%
Bacău20384.17M RON7.94M RON19523.66M RON2.6%
Bihor53338.96M RON22.82M RON17466.86M RON5.5%
Bistrița-Năsăud9120.85M RON9.04M RON10520.22M RON9.9%
Botoșani10 RON-886 RON0-346.14K RON—
Brăila15111.21M RON7.23M RON9416.57M RON7.4%
Brașov55618.09M RON25.61M RON330138.27M RON12%
București77547.95B RON3.07B RON11,2939.18B RON8%
Buzău1526.18M RON830.32K RON27-12.86M RON5.2%
Călărași728.66M RON3.33M RON173.54M RON16.5%
Cluj1071.28B RON117.09M RON618293.29M RON7.3%
Constanța29168.37M RON8.76M RON12436.03M RON9.5%
Covasna44.22M RON108.51K RON92.35M RON2.9%
Dâmbovița822.07M RON2.35M RON203.54M RON3.5%
Dolj33385.29M RON14.15M RON214-4.27M RON8%
Galați1689.06M RON-2.6M RON5411.05M RON2.2%
Giurgiu566.29M RON1.56M RON263.28M RON2.2%
Gorj4815.56K RON29.09K RON3230.61K RON4.5%
Harghita2261.73K RON-50.83K RON13337.94K RON-19.4%
Hunedoara141.14B RON33.1M RON340112.88M RON0.7%
Ialomița24.61M RON1M RON31.7M RON21.6%
Iași951.29B RON58.15M RON750242.16M RON9.4%
Ilfov1786.18B RON229.61M RON3,2531.84B RON8.3%
Județ necunoscut14.33M RON857.21K RON81.59M RON19.8%
Maramureș1299.7M RON5.66M RON8611.62M RON2.4%
Mehedinți447.14M RON275.96K RON101.03M RON14.8%
Mureș531.98B RON82.06M RON548315.21M RON7.6%
Neamț1230.18M RON927.97K RON234.62M RON1.5%
Olt2563.17K RON12.02K RON2-124 RON2.1%
Prahova26708.07M RON23.85M RON19049.22M RON5.3%
Sălaj84.92M RON245.53K RON11882.25K RON4.2%
Satu Mare71.45M RON259.26K RON3-285.44K RON0.1%
Sibiu30133.22M RON5.75M RON101-114.45M RON10.1%
Suceava13233.04M RON1.68M RON10414.92M RON0.5%
Teleorman5142.58M RON7.23M RON11135.04M RON4.5%
Timiș971.07B RON80.36M RON437178.25M RON6.3%
Vâlcea7164.8M RON8.74M RON5128.16M RON13.1%
Vaslui7198.72M RON12.43M RON3111.08M RON6.1%
CAEN sectors · Brașov · 40
CAEN sectors · Brașov · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Fabricarea altor piese și accesorii pentru autovehicule și pentru motoare de autovehicule · CAEN 2932249.21B RON-406.53M RON11,1802.25B RON0.4%
Comerț cu ridicata nespecializat de produse alimentare, băuturi și tutun · CAEN 4639555B RON-37.78M RON5,3191.77B RON1.5%
Fabricarea lagărelor, angrenajelor, cutiilor de viteză și a elementelor mecanice de transmisie · CAEN 2815123.73B RON7.27M RON4,5121.19B RON2.7%
Transport rutier de mărfuri · CAEN 49411,1832.61B RON83.94M RON5,037440.6M RON2.6%
Comerț cu amănuntul al produselor farmaceutice · CAEN 4773821.77B RON21.03M RON1,534273.25M RON2.6%
Fabricarea produselor metalice obținute prin deformare plastică; metalurgia pulberilor · CAEN 255061.62B RON200.67M RON873895M RON-5.1%
Comerț cu ridicata nespecializat · CAEN 46903711.59B RON109.6M RON1,639504.72M RON5.1%
Construcții de clădiri · CAEN 41201,4451.52B RON109.03M RON3,449373.37M RON8%
Comerț alimentar nespecializat · CAEN 47119561.29B RON42.57M RON2,512160.64M RON2.8%
Fabricarea altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3) · CAEN 261231.28B RON56.37M RON829538.9M RON4.6%
Fabricarea de pompe și compresoare · CAEN 281361.15B RON45.72M RON1,533672.26M RON2.5%
Construcții de clădiri · CAEN 41004491.12B RON93.45M RON1,959315.31M RON10.4%
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 46731481.12B RON7.5M RON82792.84M RON3.1%
Fabricarea de echipamente electrice și electronice pentru autovehicule și pentru motoare de autovehicule · CAEN 293171.08B RON-2.95M RON1,470184.18M RON-6%
Fabricarea de aeronave și nave spațiale, civile · CAEN 30315994.6M RON55.27M RON1,220327.76M RON6%
Activități de realizare a soft-ului la comandă (software orientat client) · CAEN 6210396972.18M RON129.37M RON2,206305.81M RON59.3%
Tratarea și eliminarea deșeurilor nepericuloase (Rev.2) / Recuperarea materialelor reciclabile (Rev.3) · CAEN 382119923.63M RON-4.03M RON417116.17M RON0.2%
Intermedieri în comerțul cu produse diverse · CAEN 4619509824.56M RON79.36M RON868415.46M RON11.4%
Fabricarea de construcții metalice și părți componente ale structurilor metalice · CAEN 2511192809.48M RON22.96M RON1,703226.59M RON4.4%
Închirierea și subînchirierea bunurilor imobiliare proprii sau în leasing (Rev.2) / Închirierea și subînchirierea bunurilor imobiliare proprii sau închiriate (Rev.3) · CAEN 6820718754.05M RON169.01M RON1,0421.46B RON17.3%
Lucrări de instalații sanitare, de încălzire și de aer condiționat · CAEN 4322386742.97M RON38.49M RON1,764124.77M RON6%
Restaurante · CAEN 5610475731.75M RON44.29M RON2,818130.29M RON3.9%
Comerț cu ridicata al produselor lactate, ouălor, uleiurilor și grăsimilor comestibile · CAEN 463318713.72M RON20.68M RON36281.42M RON1.2%
Fabricarea altor articole din metal n.c.a. · CAEN 259938690.02M RON58.9M RON1,256225.99M RON6.5%
Lucrări de instalații electrice · CAEN 4321401666.46M RON64.17M RON1,586178.31M RON9.6%
Activități de inginerie și consultanță tehnică legate de acestea · CAEN 7112826660.36M RON110.18M RON1,892279.56M RON27.6%
Activități de realizare a soft-ului la comandă (software orientat client) · CAEN 6201793647.03M RON158.3M RON1,503319.86M RON53.8%
Comerț cu ridicata al altor bunuri de uz gospodăresc · CAEN 464960630.48M RON23.05M RON529152.62M RON2.9%
Distribuție farmaceutică și medicală · CAEN 464655618.09M RON25.61M RON330138.27M RON12%
Hoteluri și alte facilități de cazare similare · CAEN 5510219617.05M RON45.31M RON2,161667.04M RON2%
Activități ale centrelor de intermediere telefonică (call center) · CAEN 822027533.85M RON48.4M RON3,261149.07M RON6.2%
Fabricarea produselor obținute din prelucrarea țițeiului · CAEN 19203505.89M RON27.93M RON15968.45M RON5.5%
Fabricarea hârtiei și cartonului · CAEN 17122486.79M RON-101.04M RON191129.5M RON-20.8%
Activități de asistență medicală specializată · CAEN 8622480478.9M RON92.13M RON1,269220.86M RON41.7%
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 4781111478.69M RON3.98M RON40049.92M RON1%
Fabricarea altor produse din cauciuc · CAEN 22124464.78M RON23.13M RON55352.22M RON6.4%
Fabricarea de aeronave și nave spațiale, militare · CAEN 30321440.85M RON47.68M RON366309.19M RON10.8%
Comerț cu amănuntul prin intermediul caselor de comenzi sau prin internet (Rev.2) / Intermedieri în comerțul cu amănuntul nespecializat (Rev.3) · CAEN 4791766432.91M RON26.22M RON44956.14M RON2.4%
Creșterea păsărilor · CAEN 014730411.59M RON72.24M RON618135.08M RON7%
Restaurante · CAEN 5611202409.71M RON15.51M RON1,50550.68M RON2.8%
Local units · Brașov · 8
Local units · Brașov · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Brașov44344.78M RON15.22M RON22499.69M RON13.9%
Ghimbav1221.05M RON5.27M RON7428.07M RON2.4%
Râșnov218.78M RON3.31M RON43.47M RON17.6%
Săcele3838.01K RON158.73K RON2-1.18M RON20.3%
Cristian12.81M RON419.59K RON1937.38K RON14.9%
Prejmer229.61M RON1.2M RON257.16M RON4%
Sânpetru10 RON-348 RON018.9K RON—
Tărlungeni1223.56K RON22.04K RON0102.78K RON9.9%
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 Brașov4994.94B RON
UAT Săcele31130.01M RON
UAT Zărnești1112.43M RON
UAT Ghimbav11.08M RON
UAT Făgăraș1680.75M RON
UAT Homorod72.62M RON
UAT Sâmbăta de Sus1349.24K RON
UAT Viștea313.54M RON
UAT Șercaia3367.85K RON
UAT Recea1709.49K RON
UAT Tărlungeni1820.57K RON
UAT Șinca22.11M RON
UAT Prejmer45.81M RON
UAT Feldioara6733M RON
UAT Cristian64.29M RON
UAT Râșnov31.4M RON
UAT Codlea55.32M RON
UAT Șoarș34.16M RON
UAT Rupea43.38M RON
UAT Măieruș63.89M RON
UAT Voila18.13M 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 — Brașov, CAEN 4646. Version 20260918114430147, computed on 2026-09-18T11:44:30.147Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Bra%C8%99ov&caen=4646#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918114430147

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