Capital, people and business. Discover the differences on the map.
42 TERRITORIES · BALANCE SHEETS AND TENDERS 2025
Equity · RON
42 of 42 territories with values · Relative scale across counties in this selection · square-root spacing, anchored at zero. Colours are recalculated when the selection changes.▧ No data
Constanța · Facilități de cazare pentru vacanțe și perioade de scurtă durată · CAEN 5520 · balance sheets available for 2025
Sales
+9.7%
740 comparable companies · 2025 / 2024
Profitability
3.3%
764 eligible companies · 49.2% of companies with a known result are profitable
Concentration
33.6%
Share of the selection's turnover · 2025
Updated 9/18/2026, 8:47:03 PM · balance sheets 2025 / 2024
Turnover and jobs, by the companies' current registered office. Pick a county from the list to continue the analysis.
Constanța holds 15.4% of observed sales in the selected sector, with 920 companies.
Top 8 · 2025 balance sheets · share of the located-county total
Top 8 by reported average headcount · share of the located-county total
Compare the main activities in Constanța. Open a sector for details.
In Fabricarea produselor obținute din prelucrarea țițeiului, ten companies make 100% of sales. In Transport rutier de mărfuri, only 26.2%.
SECTOR RADIOGRAPHY
Concentration extremes among the top 8 sectors by turnover · share of observed sales, not market share
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
17.35B RON
4 comparable
100%
100%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
7.08B RON
120 comparable
74%
74%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
2.72B RON
202 comparable
74.4%
74.4%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
2.68B RON
621 comparable
45.5%
45.5%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
2.2B RON
1,231 comparable
26.2%
26.2%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
2.2B RON
46 comparable
81.5%
81.5%
The definitions differ between revisions. Figures are grouped by the code reported in the balance sheet; each company's revision is not confirmed.
2.09B RON
1,294 comparable
29.1%
29.1%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.84B RON
235 comparable
70.8%
70.8%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.63B RON
73 comparable
86.9%
86.9%
The main activity from the balance sheet. The name describes the code, not all of the company's authorised activities.
1.5B RON
31 comparable
99.2%
99.2%
One company, one main code. Growth uses the same companies in both years; missing values remain "—". CAEN definitions sit next to each name.
Beyond the giants: sales and margin of the company in the middle of the distribution.
The typical company sells 118.21K RON a year and keeps 3.3% of sales as net profit.
Companies by margin band · net profit / positive turnover
764 companies with a known profit and positive sales; 156 excluded. Bands describe margins, not bankruptcy risk.
Same companies, two years. Compare the change in sales with the change in jobs.
38.5% of the 740 comparable companies sold more in 2025 than in 2024.
Number of companies with comparable data, split by direction of change
Nominal changes in RON, not adjusted for inflation. Companies without data in one of the years are not compared.
Growth, survival, concentration, the trade register and state dependence in 2025: the national figure and the counties at both ends, for every map layer.
Turnover change at the same companies · % vs 2025−1
Nationally: +9.7% in 2025. Highest values: Giurgiu (+110%), Olt (+47.3%), Ilfov (+28.3%), București (+23.8%), Timiș (+20%). Lowest: Teleorman (-63.6%), Călărași (-23.5%), Ialomița (-15.2%), Covasna (-13%), Vâlcea (-12.8%). 42 counties with data.
Average annual turnover growth at the same companies · % per year, 5 years
Nationally: +5.9% in 2025. Highest values: Harghita (+32.8%), Timiș (+28.6%), Iași (+23.3%), Arad (+21.9%), Botoșani (+17.6%). Lowest: Bacău (-7%), Vaslui (-6.8%), Olt (-2.7%), Vrancea (-1.1%), Neamț (-0.5%). 41 counties with data.
Companies that filed five years ago and still file in 2025 · %
Nationally: 75.6% in 2025. Highest values: Botoșani (91.7%), Covasna (83.3%), Mureș (83.2%), Harghita (81.3%), Bihor (79.7%). Lowest: Olt (38.9%), Teleorman (50%), Călărași (54.5%), Vaslui (55.6%), Satu Mare (57.1%). 42 counties with data.
Companies with a net loss · % of those reporting a result
Nationally: 47.4% in 2025. Highest values: Satu Mare (54.2%), Bacău (52.3%), Alba (52.2%), Brăila (51.9%), Caraș-Severin (51%). Lowest: Gorj (22.7%), Arad (30%), Teleorman (33.3%), Botoșani (33.3%), Neamț (34.1%). 42 counties with data.
Companies with negative equity · % of those reporting equity
Nationally: 33.4% in 2025. Highest values: Giurgiu (58.3%), Teleorman (58.3%), Dâmbovița (54.8%), Brăila (51.9%), Călărași (50%). Lowest: Gorj (17.9%), Galați (24%), Suceava (27.9%), Maramureș (28.3%), Vaslui (28.6%). 42 counties with data.
Share of the top 10 companies in turnover · %
Nationally: 33.6% in 2025. Highest values: Olt (96.4%), Brăila (93.7%), Covasna (92.8%), Satu Mare (87.7%), Vrancea (84.6%). Lowest: Brașov (28.7%), București (29.1%), Bihor (30.4%), Constanța (33.6%), Sibiu (33.6%). 36 counties with data.
Median turnover · RON
Nationally: 118.21K RON in 2025. Highest values: Sibiu (147.11K RON), Mehedinți (140.85K RON), Galați (133.85K RON), București (128.95K RON), Constanța (118.21K RON). Lowest: Giurgiu (0 RON), Satu Mare (18.44K RON), Gorj (36.44K RON), Sălaj (42.09K RON), Alba (44.62K RON). 42 counties with data.
Turnover per employee · RON
Nationally: 279.31K RON in 2025. Highest values: Vaslui (599.85K RON), Covasna (291.75K RON), Timiș (282.02K RON), Constanța (279.31K RON), București (276.35K RON). Lowest: Vâlcea (128.12K RON), Satu Mare (131K RON), Ialomița (139.23K RON), Alba (140.71K RON), Dâmbovița (150.6K RON). 42 counties with data.
The same aggregates as on the map, also available as tables, with a stable citation for every version.
Analysis: DemoANAF.ro · Constanța · CAEN 5520.
In Constanța, the 2025 report covers 920 companies with available indicators (CAEN 5520). This is the observed sample, not the number of all registered companies.
The median net margin is 3.3% in 2025, computed for 764 companies with positive sales and a known net result, including loss-making companies. 156 companies do not meet these conditions.
44 companies have strictly positive margins of at most 2% (5.8% of eligible companies). 316 eligible companies have negative margins.
453 of 920 companies with a known net result are profitable: 49.2%. The cumulative net result, after subtracting losses, is 21.19M RON.
The cumulative turnover of the 740 comparable companies changed by +9.7% between 2024 and 2025, in nominal RON.
| Territory / activity | Companies | Sales | Net profit | Employees | Equity | Median margin |
|---|---|---|---|---|---|---|
| Alba | 253 | 33.48M RON | 1.37M RON | 242 | 16.71M RON | 5.9% |
| Arad | 70 | 23.04M RON | 2.81M RON | 81 | 17.66M RON | 9.4% |
| Argeș | 254 | 57.33M RON | 4.63M RON | 255 | 27.05M RON | 4.9% |
| Bacău | 88 | 17.95M RON | -210K RON | 87 | 17.12M RON | 1.5% |
| Bihor | 249 | 37.01M RON | 401.05K RON | 177 | 24.02M RON | 5% |
| Bistrița-Năsăud | 117 | 33.55M RON | 3.5M RON | 152 | 21.6M RON | 6.7% |
| Botoșani | 15 | 5M RON | 405.48K RON | 27 | 822.5K RON | 16.4% |
| Brăila | 27 | 4.04M RON | 287.07K RON | 18 | 3.12M RON | -3.7% |
| Brașov | 631 | 190.24M RON | 11.13M RON | 627 | 56.06M RON | 3.8% |
| București | 449 | 148.27M RON | -329.93K RON | 438 | -35.09M RON | 4.4% |
| Buzău | 97 | 35.87M RON | 3.15M RON | 198 | 18.45M RON | 6.2% |
| Călărași | 14 | 3.97M RON | -232.38K RON | 21 | -270.04K RON | 0.4% |
| Caraș-Severin | 157 | 34.31M RON | -83.79K RON | 188 | 32.73M RON | 1.7% |
| Cluj | 428 | 95.96M RON | 8.05M RON | 361 | 60.43M RON | 5% |
| Constanța | 920 | 303.24M RON | 21.19M RON | 821 | 173.33M RON | 3.3% |
| Covasna | 61 | 38.7M RON | 7.38M RON | 132 | 25.56M RON | 3.9% |
| Dâmbovița | 84 | 18.53M RON | 540.75K RON | 119 | 2.96M RON | 2.3% |
| Dolj | 85 | 13.72M RON | 825.36K RON | 76 | 8.1M RON | 6.2% |
| Galați | 50 | 20.04M RON | 837.76K RON | 99 | 6.65M RON | 3.6% |
| Giurgiu | 12 | 1.39M RON | -402.21K RON | 7 | -1.31M RON | 29% |
| Gorj | 156 | 23.5M RON | 1.55M RON | 126 | 11.33M RON | 8.9% |
| Harghita | 184 | 91.88M RON | 2.46M RON | 374 | 30.12M RON | 1.9% |
| Hunedoara | 191 | 37.94M RON | 1.12M RON | 206 | 20.05M RON | 6.4% |
| Ialomița | 10 | 1.7M RON | -21.59K RON | 11 | 782.56K RON | 3.1% |
| Iași | 100 | 45.24M RON | 1.01M RON | 200 | 20.68M RON | 5.3% |
| Ilfov | 141 | 49.4M RON | 5.52M RON | 197 | 35.37M RON | 4.4% |
| Județ necunoscut | 4 | 1.04M RON | 47.27K RON | 9 | 273.64K RON | 8.1% |
| Maramureș | 297 | 72.95M RON | 8.65M RON | 361 | 54M RON | 7% |
| Mehedinți | 68 | 17.49M RON | 1.79M RON | 88 | 12.94M RON | 5.4% |
| Mureș | 166 | 46.62M RON | 4.52M RON | 197 | 38.26M RON | 6.8% |
| Neamț | 138 | 39.48M RON | 1.28M RON | 179 | 25.59M RON | 1.9% |
| Olt | 26 | 6.1M RON | 760.28K RON | 24 | 2.14M RON | 7.4% |
| Prahova | 248 | 44.11M RON | 1.15M RON | 205 | 16.79M RON | 5.3% |
| Sălaj | 49 | 7.49M RON | -265.2K RON | 43 | 3.68M RON | 1.6% |
| Satu Mare | 48 | 4.35M RON | -832.83K RON | 34 | 1.96M RON | 1.4% |
| Sibiu | 407 | 133.93M RON | 13.13M RON | 517 | 56.38M RON | 6.4% |
| Suceava | 351 | 79.17M RON | 5.39M RON | 399 | 64.08M RON | 3.5% |
| Teleorman | 12 | 2.86M RON | 91.71K RON | 14 | -812.66K RON | 0.6% |
| Timiș | 123 | 47.06M RON | 2.15M RON | 159 | 30.45M RON | 3.3% |
| Tulcea | 208 | 53.54M RON | 3.21M RON | 251 | 28.53M RON | 7.2% |
| Territory / activity | Companies | Sales | Net profit | Employees | Equity | Median margin |
|---|---|---|---|---|---|---|
| Constanța | 235 | 132.26M RON | 15.14M RON | 223 | 91.55M RON | 3.4% |
| Eforie | 156 | 47.93M RON | 2.14M RON | 157 | 18.85M RON | 2.3% |
| Mangalia | 59 | 18.6M RON | 850.87K RON | 69 | 13.9M RON | 7.4% |
| Năvodari | 148 | 49.49M RON | 1.43M RON | 144 | 32.03M RON | 4% |
| Techirghiol | 22 | 2.91M RON | -124.36K RON | 13 | 733.25K RON | 4.6% |
| Agigea | 13 | 2.78M RON | 10.55K RON | 6 | 2.11M RON | 5.8% |
| 23 August | 8 | 762.61K RON | -377.81K RON | 5 | 1.5M RON | -5.2% |
| Limanu | 73 | 12.56M RON | 1.8M RON | 46 | 3.76M RON | 3.5% |
| Ovidiu | 10 | 973.06K RON | -402.95K RON | 6 | -1.5M RON | 10.7% |
| Tuzla | 14 | 2.02M RON | 82.02K RON | 5 | 271.37K RON | 0.4% |
| Cernavodă | 1 | 123.65K RON | -1.5K RON | 1 | 49.82K RON | -1.2% |
| Hârșova | 3 | 158.93K RON | -666.61K RON | 2 | -633.37K RON | -7,795.2% |
| Medgidia | 7 | 490.97K RON | 15.91K RON | 2 | 228.04K RON | 14.2% |
| Albești | 1 | 209.69K RON | 41.72K RON | 1 | 56.68K RON | 19.9% |
| Chirnogeni | 1 | 133.34K RON | -31.06K RON | 1 | -9.58K RON | -23.3% |
| Cogealac | 1 | 0 RON | 0 RON | 0 | -16.25K RON | — |
| Corbu | 36 | 2.29M RON | -209.42K RON | 11 | -996.07K RON | -11.2% |
| Cumpăna | 9 | 2.02M RON | 273.99K RON | 8 | 2.23M RON | 10% |
| Deleni | 2 | 1.33M RON | -1.07M RON | 9 | 870.08K RON | -592.1% |
| Ghindărești | 1 | 98.34K RON | 70.34K RON | 1 | 70.84K RON | 71.5% |
| Ion Corvin | 1 | 252.47K RON | 112.49K RON | 0 | 112.49K RON | 44.6% |
| Istria | 1 | 0 RON | 0 RON | 0 | 11.93K RON | — |
| Mereni | 1 | 96.86K RON | -43.66K RON | 1 | -113.18K RON | -45.1% |
| Mihail Kogălniceanu | 3 | 98.59K RON | -61.11K RON | 1 | 25.07K RON | -117.7% |
| Murfatlar | 2 | 670.79K RON | 277.93K RON | 2 | 1.24M RON | 37.3% |
| Negru Vodă | 1 | 4.91K RON | 3.8K RON | — | 47.28K RON | 77.3% |
| Săcele | 1 | 212.21K RON | -69.45K RON | 2 | 72.82K RON | -32.7% |
| Topalu | 2 | 0 RON | -2.61K RON | 0 | -599.32K RON | — |
| Valu lui Traian | 5 | 894.48K RON | -155.59K RON | 10 | -310.73K RON | 17.2% |
| Lumina | 6 | 1.53M RON | -83.85K RON | 4 | -225.19K RON | 2.8% |
| Costinești | 97 | 22.35M RON | 2.24M RON | 91 | 8.02M RON | 7.8% |
National series independent of CAEN: initiation notices published in 2025, by the authority's current office. Values are estimates, not payments.
| Territory / activity | Notices | Value (RON) |
|---|---|---|
| Brașov | 834 | 5.85B RON |
| Ialomița | 180 | 1.07B RON |
| Iași | 1,086 | 14.34B RON |
| Tulcea | 177 | 1.17B RON |
| Mehedinți | 187 | 918.76M RON |
| Vâlcea | 384 | 2.27B RON |
| Mureș | 740 | 8.41B RON |
| București | 6,659 | 146.69B RON |
| Bacău | 429 | 2.57B RON |
| Maramureș | 371 | 2.83B RON |
| Botoșani | 321 | 1.32B RON |
| Brăila | 358 | 1.49B RON |
| Galați | 577 | 5.68B RON |
| Dâmbovița | 367 | 3.11B RON |
| Caraș-Severin | 241 | 1.42B RON |
| Hunedoara | 482 | 2.3B RON |
| Prahova | 552 | 4.43B RON |
| Călărași | 174 | 765.83M RON |
| Ilfov | 553 | 6.78B RON |
| Constanța | 757 | 7.24B RON |
| Bihor | 658 | 4.49B RON |
| Sibiu | 908 | 5.72B RON |
| Timiș | 915 | 8.62B RON |
| Olt | 304 | 1.2B RON |
| Cluj | 1,484 | 15.53B RON |
| Vaslui | 366 | 1.65B RON |
| Giurgiu | 171 | 1.94B RON |
| Neamț | 346 | 1.76B RON |
| Gorj | 601 | 3.25B RON |
| Sălaj | 265 | 1.1B RON |
| Alba | 359 | 1.58B RON |
| Suceava | 567 | 3.91B RON |
| Argeș | 532 | 2.2B RON |
| Dolj | 661 | 13.33B RON |
| Bistrița-Năsăud | 272 | 1.71B RON |
| Teleorman | 229 | 1.58B RON |
| Arad | 386 | 3.25B RON |
| Buzău | 278 | 1.02B RON |
| Vrancea | 277 | 3.31B RON |
| Covasna | 255 | 1.01B RON |
| Harghita | 333 | 2.68B RON |
| Satu Mare | 291 | 2.55B RON |
| Județ necunoscut | 22 | 21.89M RON |
| UAT Mangalia | 44 | 81.62M RON |
| UAT Mihail Kogălniceanu | 5 | 20.84M RON |
| UAT Constanța | 506 | 5.36B RON |
| UAT Medgidia | 19 | 152.61M RON |
| UAT Agigea | 20 | 170.72M RON |
| UAT Năvodari | 2 | 7.27M RON |
| UAT Dobromir | 1 | 1.04M RON |
| UAT Cobadin | 1 | 161.88M RON |
| UAT Nicolae Bălcescu | 1 | 498.74K RON |
| UAT Cernavodă | 12 | 23.99M RON |
| UAT Crucea | 4 | 13.47M RON |
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 — Constanța, CAEN 5520. Version 20260918174703963, computed on 2026-09-18T17:47:03.963Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Constan%C8%9Ba&caen=5520#date-raport Data: https://demoanaf.ro/rapoarte/afaceri-romania-2025/date.csv?rev=20260918174703963
SRL, SRL-D and SA registrations observed in Romania. National series, independent of the financial filters.
Most new companies appeared in July: 10,734 observed registrations.
Earliest available registration for each CUI · coverage not confirmed
Solid line: 2025
| Month | 2025 |
|---|---|
| Jan | 6,313 |
| Feb | 8,206 |
| Mar | 8,589 |
| Apr | 7,449 |
| May | 8,145 |
| Jun | 7,682 |
| Jul | 10,734 |
| Aug | 7,697 |
| Sep | 9,208 |
| Oct | 9,472 |
| Nov | 9,682 |
| Dec | 7,334 |
Coverage not confirmed: differences between series may reflect missing data. Months without observations do not mean zero.
Pace of distinct contracts recorded in SEAP. National series, by contract date.
The month with the most SEAP contracts was April: 12,765 distinct contracts.
A contract's lots and suppliers are not counted as separate contracts
Solid line: 2025
| Month | 2025 |
|---|---|
| Jan | 10,684 |
| Feb | 9,665 |
| Mar | 11,690 |
| Apr | 12,765 |
| May | 11,213 |
| Jun | 9,725 |
| Jul | 9,714 |
| Aug | 9,094 |
| Sep | 9,436 |
| Oct | 12,761 |
| Nov | 12,032 |
| Dec | 9,769 |
Period coverage is not confirmed. We count contracts, not payments; awarded values are not actual spending.
Every percentage must have a clear population, a period and a source.
We analyse companies with financial indicators available for 2025. This is not a census of all companies and does not implicitly cover only SRL/SA. The coverage of each indicator is shown separately.
Annual balance sheets do not measure H1 2026 results. Companies are linked by CUI. We compare only values available in both years. Geographic and CAEN groups are those of the 2025 cohort; we do not measure relocations or sector changes.
We use the main code from the balance sheet, normalised to four digits. Authorised activities are not summed. Short titles describe the activities; the exact Rev.2 and Rev.3 definitions sit next to each code. Where they differ, both are shown, without assuming the company's revision or historical equivalence.
A missing value stays unknown. Margins require positive turnover and a known net result, including losses. The median treats every company equally. The aggregate margin uses the sums of profit and sales for exactly the same eligible companies. The bands are: below 0%, exactly 0%, above 0% up to and including 2%, above 2% up to and including 5%, above 5% up to and including 10%, and above 10%. They are not solvency thresholds. Growth rates are undefined when the baseline is zero or negative.
Capital means equity (I10), including negative values, not turnover or share capital. Employees are the reported annual averages, attributed to the current office; the per-company average uses only companies with this indicator known. Tenders are initiation notices published in 2025, located by the authority's current office. Values are estimates, not payments. Colours use fixed numeric references, not ranks or quartiles. Margins have references at −10%, 0%, 2%, 5%, 10% and 20%; extreme values keep the exact number but saturate the colour. Totals use a logarithmic magnitude scale with references in the indicator's units. Each territory has a single observed value; we do not interpolate between localities. The same value keeps the same colour when the county, local unit or CAEN changes. Hatched areas have no values available. Local-unit boundaries come from ANCPI, processed by geo-spatial.org (2025). Localities are linked to local units through the INS SIRUTA 2025 nomenclature. Ambiguous addresses stay in the county total; local units use references adapted to local magnitude, constant across counties and years.
All amounts are reported in RON. Conversion to EUR uses the annual average rate published by BNR for the report year; for USD, and for years without a published average, we use the arithmetic mean of the European Central Bank's daily reference rates. Today's rate is never used. It is an indicative conversion for comparison, not an accounting revaluation.
The report is recomputed periodically from the available data. The generation date does not prove the source is complete. Changes to balance sheets may revise this edition's results.
Sources: ANAF — balance sheets; ONRC — company register; SEAP / data.gov.ro — contracts. See the data sources. Download the SVG map · ANCPI boundaries · geo-spatial.org · INS · SIRUTA 2025
