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 86232025
Arad: 13.02M RON
Loading localities…

Equity · RON

Blue: low valuesYellow: high values
-17.5M
8.3M
99M
289.5M
579.9M

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: Arad · CAEN 8623

Arad · Activități de asistență stomatologică · CAEN 8623 · balance sheets available for 2025

Size of the selection

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

Companies analysed
179
With at least one financial indicator available
Cumulative turnover
61.47M RON
166 companies with a known value
Cumulative net result
8.68M RON
179 companies · profit minus losses
Employees reported
287
159 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.

Arad holds 0.8% of observed sales in the selected sector, with 179 companies.

Counties by turnover

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

  1. 2.15B RON29.5%
  2. 486.14M RON6.7%
  3. 427M RON5.9%
  4. 317.21M RON4.4%
  5. 304.44M RON4.2%
  6. 302.72M RON4.2%
  7. 257.91M RON3.5%
  8. 226M RON3.1%

Where the employees are

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

  1. 5,61725%
  2. 1,4076.3%
  3. 1,1445.1%
  4. 9524.2%
  5. 9494.2%
  6. 9324.2%
  7. 8853.9%
  8. 7973.6%
/02CAEN sectors

Which sectors drive the economy?

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

In Fabricarea de echipamente electrice și electronice pentru autovehicule și pentru motoare de autovehicule, ten companies make 100% of sales. In Comerț alimentar nespecializat, only 32.8%.

SECTOR RADIOGRAPHY

Activități de asistență stomatologică · Arad

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 de echipamente electrice și electronice pentru autovehicule și pentru motoare de autovehicule100%
  2. Comerț alimentar nespecializat32.8%
41 sectors · descending orderTurnover · 2025
01
16 companies

5.45B RON

Turnover · 2025/2024-1%

15 comparable

Top 10 companies

99.4%

02
1,420 companies

4.85B RON

Turnover · 2025/2024+2.9%

1,063 comparable

Top 10 companies

40.2%

03
31 companies

2.06B RON

Turnover · 2025/2024-2.7%

29 comparable

Top 10 companies

98.4%

04
5 companies

1.8B RON

Turnover · 2025/2024-1.9%

5 comparable

Top 10 companies

100%

05
3 companies

1.51B RON

Turnover · 2025/2024-22.7%

3 comparable

Top 10 companies

100%

06
6 companies

1.26B RON

Turnover · 2025/2024-7.9%

6 comparable

Top 10 companies

100%

07
75 companies

1.17B RON

Turnover · 2025/2024-12.6%

57 comparable

Top 10 companies

76.1%

08
706 companies

1.11B RON

Turnover · 2025/2024+5.4%

592 comparable

Top 10 companies

32.8%

09
75 companies

1.07B RON

Turnover · 2025/2024+10.8%

68 comparable

Top 10 companies

97.2%

10
326 companies

1.02B RON

Turnover · 2025/2024-13.6%

249 comparable

Top 10 companies

72.7%

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 151.52K RON a year and keeps 7.9% of sales as net profit.

Median turnover
151.52K RON
166 values available
Median net margin
7.9%
150 eligible companies
Aggregate net margin
14.5%
Cumulative profit / cumulative sales, same companies
Profitable companies
60.9%
109 of 179 with a known result
National median · CAEN 8623
14.1%
Same activity, all of Romania

Distribution of net margins

Companies by margin band · net profit / positive turnover

  • Loss4228%
  • Zero result00%
  • Above 0–2%128%
  • Above 2–5%42.7%
  • Above 5–10%2617.3%
  • Above 10%6644%

150 companies with a known profit and positive sales; 29 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.

63.1% of the 141 comparable companies sold more in 2025 than in 2024.

Cumulative turnover
+7.6%
141 companies with turnover in both years
Median turnover change
+11.6%
Only companies with a positive 2024 baseline
Number of employees
+2.6%
133 companies with employees reported in both years

More sales or fewer?

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

  • Growth8963.1%
  • Decline4834%
  • No change42.8%

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: +7.6% in 2025. Highest values: Harghita (+27.9%), Caraș-Severin (+24.1%), Satu Mare (+24%), Olt (+22.5%), Alba (+22.2%). Lowest: Mehedinți (-0.1%), Botoșani (+0.4%), Covasna (+6.9%), Arad (+7.6%), Vâlcea (+9.4%). 42 counties with data.

The five-year growth pace

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

Nationally: +14.5% in 2025. Highest values: Călărași (+35.8%), Giurgiu (+34.9%), Caraș-Severin (+27.7%), Iași (+27%), Dolj (+26.3%). Lowest: Hunedoara (+13.9%), Arad (+14.5%), Satu Mare (+14.7%), Vrancea (+16.8%), Timiș (+17.5%). 42 counties with data.

How many companies still file after five years

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

Nationally: 81.7% in 2025. Highest values: Gorj (97.2%), Teleorman (92.7%), Olt (92.4%), Giurgiu (91.2%), Alba (90.4%). Lowest: Călărași (67.7%), Mehedinți (68.4%), Caraș-Severin (73.3%), Galați (80.1%), Tulcea (80.4%). 42 counties with data.

Where money is lost

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

Nationally: 35.8% in 2025. Highest values: Caraș-Severin (42.6%), Mehedinți (40%), Arad (35.8%), Alba (32.2%), Ilfov (31.1%). Lowest: Vaslui (13.9%), Tulcea (14.1%), Bacău (15.5%), Harghita (17.2%), Vrancea (18.2%). 42 counties with data.

Companies with negative equity

Companies with negative equity · % of those reporting equity

Nationally: 31.3% in 2025. Highest values: Mehedinți (40%), Caraș-Severin (38.9%), Alba (36.2%), Ialomița (34%), Arad (31.3%). Lowest: Bacău (12.7%), Vaslui (13.9%), Argeș (15.6%), Buzău (16.6%), Brașov (16.9%). 42 counties with data.

How much the top 10 hold

Share of the top 10 companies in turnover · %

Nationally: 49.6% in 2025. Highest values: Mehedinți (92.3%), Călărași (84%), Ialomița (81.4%), Giurgiu (81.2%), Tulcea (78.7%). Lowest: București (21.3%), Cluj (24.8%), Timiș (25.5%), Argeș (29.1%), Dolj (29.9%). 42 counties with data.

What the middle company earns

Median turnover · RON

Nationally: 151.52K RON in 2025. Highest values: Brașov (294.67K RON), Dâmbovița (258.61K RON), Cluj (257.32K RON), Bacău (256.3K RON), Teleorman (253.95K RON). Lowest: Mehedinți (144.34K RON), Arad (151.52K RON), Sălaj (165.96K RON), Dolj (166.79K RON), Caraș-Severin (169.98K RON). 42 counties with data.

Turnover per employee

Turnover per employee · RON

Nationally: 207.55K RON in 2025. Highest values: Călărași (444.25K RON), Tulcea (409.46K RON), București (372.91K RON), Ilfov (366.07K RON), Iași (358.29K RON). Lowest: Arad (207.55K RON), Caraș-Severin (209.69K RON), Harghita (214.44K RON), Hunedoara (215.56K RON), Maramureș (220.2K 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 · Arad · CAEN 8623.

In Arad, the 2025 report covers 179 companies with available indicators (CAEN 8623). This is the observed sample, not the number of all registered companies.

The median net margin is 7.9% in 2025, computed for 150 companies with positive sales and a known net result, including loss-making companies. 29 companies do not meet these conditions.

12 companies have strictly positive margins of at most 2% (8% of eligible companies). 42 eligible companies have negative margins.

109 of 179 companies with a known net result are profitable: 60.9%. The cumulative net result, after subtracting losses, is 8.68M RON.

The cumulative turnover of the 141 comparable companies changed by +7.6% between 2024 and 2025, in nominal RON.

Counties · 43
Counties · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Alba15281.17M RON13.77M RON29822.52M RON7.2%
Arad17961.47M RON8.68M RON28713.02M RON7.9%
Argeș456302.72M RON56.09M RON94994.31M RON19.4%
Bacău284215.07M RON39.97M RON62375.19M RON19.1%
Bihor288113.33M RON18.56M RON48724.43M RON9.8%
Bistrița-Năsăud15560.25M RON7.62M RON26614.2M RON9.4%
Botoșani8439.79M RON7.82M RON1428.6M RON8.7%
Brăila10978.37M RON19.04M RON24724.67M RON18.1%
Brașov461317.21M RON63.41M RON952118.75M RON17.2%
București2,7232.15B RON348.78M RON5,617579.89M RON15.8%
Buzău163100.63M RON15.16M RON30823.67M RON15.1%
Călărași4452.16M RON8.91M RON11613.58M RON14.8%
Caraș-Severin5426.42M RON2.39M RON1282.82M RON2.4%
Cluj729486.14M RON79.88M RON1,407111.15M RON14.5%
Constanța359174.79M RON29.7M RON60464.13M RON13.5%
Covasna4115.9M RON1.99M RON676.43M RON9.2%
Dâmbovița170114.21M RON21.51M RON33136.91M RON15.9%
Dolj533226M RON47.38M RON79760.2M RON19.2%
Galați276133.36M RON19.69M RON57245.01M RON11.8%
Giurgiu4830.64M RON3.2M RON938.51M RON13%
Gorj15175.2M RON18.2M RON22527.6M RON17.8%
Harghita8739M RON7.12M RON1828.53M RON8.4%
Hunedoara14257.93M RON6.38M RON26013.85M RON6.9%
Ialomița5043.49M RON5.52M RON1235.55M RON16.6%
Iași612427M RON79.46M RON1,144125.09M RON16%
Ilfov402222.97M RON38.79M RON59562.48M RON17.9%
Județ necunoscut3527.32K RON21.02K RON2111.34K RON6.7%
Maramureș17893.43M RON10.76M RON42522.15M RON10.4%
Mehedinți3013.41M RON1.65M RON476.14M RON6%
Mureș311149.97M RON20.94M RON63740.79M RON10%
Neamț199125.55M RON26.02M RON36939.44M RON16.1%
Olt13952.95M RON12.26M RON19417.16M RON14.4%
Prahova353257.91M RON32.67M RON885-17.51M RON13.2%
Sălaj7734.91M RON4.67M RON1397.38M RON8.6%
Satu Mare8645.24M RON8.82M RON15313.4M RON8.3%
Sibiu238130.55M RON22.26M RON42437.56M RON16.7%
Suceava242118.79M RON17.75M RON43930.38M RON9.8%
Teleorman7741.21M RON7.89M RON12110.81M RON14.3%
Timiș491304.44M RON50.44M RON93268.93M RON13%
Tulcea6459.37M RON6.51M RON14315.21M RON9.7%
CAEN sectors · Arad · 41
CAEN sectors · Arad · 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 2932165.45B RON59.71M RON5,8131.95B RON1%
Transport rutier de mărfuri · CAEN 49411,4204.85B RON160.01M RON7,687864.14M RON3.7%
Comerț cu carburanți · CAEN 4730312.06B RON-305.85K RON26629.89M RON1.2%
Fabricarea de echipamente electrice și electronice pentru autovehicule și pentru motoare de autovehicule · CAEN 293151.8B RON31.56M RON5,362383.56M RON3%
Fabricarea materialului rulant · CAEN 302031.51B RON-3.74M RON2,141582.03M RON13.1%
Fabricarea altor fire și cabluri electrice și electronice · CAEN 273261.26B RON95.89M RON1,836500.56M RON1.8%
Comerț cu ridicata al cerealelor, semințelor, furajelor și tutunului neprelucrat · CAEN 4621751.17B RON-1.74M RON26494.04M RON0.7%
Comerț alimentar nespecializat · CAEN 47117061.11B RON34.31M RON2,02081.57M RON1.7%
Operațiuni de mecanică generală (Rev.2) / Fabricarea articolelor de feronerie (Rev.3) · CAEN 2562751.07B RON18.34M RON1,776166.84M RON5.3%
Intermedieri în comerțul cu produse diverse · CAEN 46193261.02B RON7.27M RON87922.65M RON8.9%
Comerț cu ridicata al combustibililor solizi, lichizi și gazoși și al produselor derivate · CAEN 46817999.21M RON107.06M RON114138.69M RON5.6%
Construcții de clădiri · CAEN 4120765953.69M RON93.46M RON2,004265.21M RON9%
Cultivarea cerealelor (excluzând orezul), plantelor leguminoase și a plantelor oleaginoase · CAEN 0111456914.13M RON-17.15M RON1,043994.65M RON3.2%
Comerț cu ridicata nespecializat · CAEN 4690154723.59M RON50.7M RON574198.88M RON4.1%
Fabricarea subansamblurilor electronice (module) (Rev.2) / Fabricarea componentelor electronice (Rev.3) · CAEN 26116682.58M RON52.3M RON1,002242.11M RON3.2%
Comerț cu ridicata al metalelor și minereurilor metalice (Rev.2) / Comerț cu ridicata al pieselor și accesoriilor pentru autovehicule (Rev.3) · CAEN 467224643.07M RON44.29M RON540182.92M RON2.7%
Metalurgia aluminiului · CAEN 24421597.37M RON-23.99M RON307158.07M RON-4%
Fabricarea altor echipamente electrice · CAEN 279011548.68M RON19.75M RON616209.55M RON3.4%
Comerț cu ridicata nespecializat de produse alimentare, băuturi și tutun · CAEN 463943547.36M RON19.18M RON47484.69M RON2.9%
Comerț cu ridicata al produselor chimice · CAEN 46858525.33M RON5.56M RON91158.38M RON3.4%
Comerț cu amănuntul al produselor farmaceutice · CAEN 477394524.45M RON19.01M RON60240.33M RON2.5%
Comerț cu ridicata al cărnii și produselor din carne (Rev.2) / Comerț cu ridicata al cărnii și produselor din carne, pește și produse din pește, crustacee și moluște (Rev.3) · CAEN 463217492.47M RON14.75M RON1084.01M RON2.7%
Comerț cu ridicata al materialului lemnos și a materialelor de construcție și echipamentelor sanitare · CAEN 468355476.43M RON16.42M RON34280.12M RON2.7%
Fabricarea articolelor de ambalaj din material plastic · CAEN 222210430.68M RON7.21M RON57588.79M RON1.2%
Fabricarea de mobilă · CAEN 310057331.93M RON11.25M RON1,131191.78M RON2.7%
Fabricarea altor componente electronice (Rev.2) / Fabricarea subansamblurilor electronice (module) (Rev.3) · CAEN 26127329.79M RON36.43M RON630191.79M RON11.2%
Fabricarea plăcilor, foliilor, tuburilor și profilelor din material plastic · CAEN 22218316.72M RON3.66M RON45593.18M RON1.6%
Construcții de clădiri · CAEN 4100241306.92M RON43.63M RON1,007102.67M RON14.7%
Fabricarea de articole confecționate din textile (cu excepția îmbrăcămintei și lenjeriei de corp) (Rev.2) / Fabricarea de articole confecționate din textile (excluzând îmbrăcămintea și lenjeria de corp) (Rev.3) · CAEN 139220303.44M RON-21.12M RON9659.07M RON13%
Fabricarea masinilor și utilajelor pentru agricultură și exploatări forestiere · CAEN 28304299.26M RON11.07M RON358222.99M RON-2%
Producția de dispozitive, aparate și instrumente medicale și de laborator (Rev.2) / Fabricarea de dispozitive, aparate și instrumente medicale stomatologice (Rev.3) · CAEN 325058295.05M RON11.79M RON92383.06M RON6.9%
Depozitări · CAEN 521027292.1M RON7.06M RON15157.97M RON2.6%
Lucrări de instalații sanitare, de încălzire și de aer condiționat · CAEN 4322248283.88M RON31.28M RON75655.25M RON6.5%
Recuperarea materialelor reciclabile sortate (Rev.2) / Activități ale gropilor de gunoi sau a depozitelor permanente de deșeuri (Rev.3) · CAEN 383222278.08M RON10.65M RON263171.7M RON-0.2%
Lucrări de instalații electrice · CAEN 4321169266.72M RON39.41M RON53695.33M RON10.1%
Repararea și întreținerea autovehiculelor · CAEN 9531123262M RON-749.48K RON45870.73M RON1.6%
Fabricarea altor produse din material plastic · CAEN 22265254.96M RON-75.03K RON44538.26M RON-1%
Extracția pietrișului și nisipului; extracția argilei și caolinului · CAEN 081223253.49M RON33.95M RON306118.28M RON8.7%
Comerț cu amănuntul al îmbrăcămintei, în magazine specializate (Rev.2) / Comerț cu amănuntul al îmbrăcămintei (Rev.3) · CAEN 4771129248.55M RON12.96M RON26316.81M RON0.3%
Lucrări de construcții a drumurilor și autostrăzilor · CAEN 421158242.64M RON7.79M RON56841.9M RON9.8%
Local units · Arad · 35
Local units · Arad · 2025 balance sheets · values in RON · unknown values are marked "—".
Territory / activityCompaniesSalesNet profitEmployeesEquityMedian margin
Bârsa1243.95K RON93.1K RON293.34K RON38.2%
Bârzava1100.75K RON20.31K RON137.71K RON20.2%
Bocsig113.32K RON-2.7K RON02.2K RON-20.2%
Buteni1115.9K RON16.62K RON1-51.26K RON14.3%
Cermei113.87K RON1.49K RON21.14K RON10.8%
Gurahonț384.2K RON-19.07K RON1-222.9K RON-24%
Iratoșu1383.92K RON23.84K RON1-12.51K RON6.2%
Macea2388.76K RON144.43K RON2167.21K RON31.6%
Moneasa1162.59K RON11.65K RON1-16.41K RON7.2%
Pecica2871.82K RON92.14K RON7109.89K RON10.1%
Pleșcuța1140.99K RON-28.96K RON136.85K RON-20.5%
Seleuș3144.13K RON92.38K RON1132.56K RON74.8%
Semlac1102.98K RON-3.29K RON1-2.65K RON-3.2%
Sântana2706.83K RON142.21K RON3135.31K RON17.8%
Socodor1273.74K RON158.67K RON1162.78K RON58%
Șagu285.2K RON-27.05K RON1-26.65K RON-38.5%
Șeitin2242.96K RON53.35K RON269.24K RON15.1%
Șiria2324.94K RON-9.17K RON2219.23K RON0.6%
Târnova2392.37K RON81.14K RON2243.72K RON17.7%
Vinga1237.83K RON-31.71K RON1348 RON-13.3%
Zimandu Nou3326.35K RON-72.42K RON3-34.92K RON-35.6%
Frumușeni17.6K RON477 RON-909 RON6.3%
Zădăreni1115.97K RON9.81K RON110.05K RON8.5%
Arad11550.06M RON6.9M RON22510.35M RON9%
Livada12.4K RON-45 RON0155 RON-1.9%
Șofronea1313.49K RON63.94K RON1123.08K RON20.4%
Vladimirescu121.78M RON234.15K RON9764.39K RON6.1%
Chișineu-Criș2114.34K RON16.34K RON1-35.42K RON14.6%
Curtici182.19K RON16.78K RON116.26K RON20.4%
Ineu22.58M RON734.42K RON4289.86K RON23.8%
Lipova1358.5K RON75.32K RON1206.23K RON21%
Pâncota21.1K RON-44.33K RON2-43.93K RON-33.3%
Sebiș4637.98K RON12.61K RON648.41K RON0.2%
Archiș114.25K RON-17.26K RON1-17.02K RON-121.1%
Bata144.6K RON-56.81K RON1244.04K RON-127.4%
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 Arad2272.57B RON
UAT Petriș19.67M RON
UAT Frumușeni26.64M 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 — Arad, CAEN 8623. Version 20260918174703963, computed on 2026-09-18T17:47:03.963Z. https://demoanaf.ro/en/raport-afaceri-romania-2025?judet=Arad&caen=8623#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