D&B Report Guide - Romania

Facts and figures:

Country Romania
Business Universe 616,562
International Dialling Code 40
Legal Currencies Romanian Leu
Population 22,318,000 
Capital Bucharest
Language Romanian, Hungarian, German
Time GMT +2

D&B Business Information Report content:

D&B Rating Yes Credit Appraisal Yes
Public Data Yes Financial Ratios Yes
D&B Payment Score n/a    

Legal forms in Romania:

Legal Form Legal Form (local)
Proprietorship Persoana fizica / Asociatic familiale
Partnership Societate In nume colectiv
Ltd Partnership Societate in comandita simpla
Co-Operative Organizatie cooperatista
Private Ltd Co Societate cu raspundere limitata
Public Ltd Co Societato pe actiuni/Societate in comandita pe actiuni

 

  Name
Address
Principals		 Reg Date
Number
Start Date		 Capital
(minimum)		 Ownership
(minimum number)
Proprietorship Y Y None 1
Partnership Y Y None 2
Ltd Partnership Y Y None 2
Co-Operative Y Y None 2
Private Ltd Co Y Y 500,000 1
Public Ltd Co Y Y 1,000,000 5

'None'  means that there is no minimum capital requirement for these types of companies.

Legal filing requirements:

It is not compulsory for proprietorship or partnership companies to prepare financial statements.

Joint Stock companies are required to file their financial statements with the Trade Register and to disclose them in the National Gazette "Monitorul Official."

It is reported that 70% of companies comply to the requirement to file financials at the Trade Register and 50% comply to the requirement to file financials in the National Gazette.

D&B Business Information Report - data sources and data elements:

Here is a breakdown of information available in Romania and where this information is obtained from.

Trade Registrar's Office and Trade Registry Gazette:

  • Articles of Association
  • resolutions of the annual shareholders meetings

Direct telephone interview:
  • activity/market territory
  • client type & number
  • premises/branches/divisions/employees
  • affiliations
  • principals' antecedents
  • expansion plans
  • balance sheets/profit & loss/projected sales

Business publications and news clippings:
  • news articles concerning the subject company and its shareholders

Public Courts

  • protested bills
  • uncovered cheque
  • bankruptcies
  • legal suits
  • charges

It is reported that 90% of all transactions are conducted via cash or via bartering.

All publicly available data is collected and verified from each of the above data sources by our locally positioned D&B Correspondent for each Business Information Report request received.

Speed of service: 4 working days

Should you require any further information or have any questions, please contact your local Customer Service Centre.

Business Information Report enquiries which are placed with D&B's Emerging Markets Centre should always contain the below details. Unfortunately, enquiries without the below information have a much higher chance of being returned as an Unable To Locate Report. This is simply due to the fact that data sources in the Emerging Markets are not as sophisticated as those in Western Europe.

  • Full Company Name
  • Full Head Quarters Address (street, town, country)
  • Telephone Number
  • Fax Number

Any additional information such as a contact name or line of business would also help to locate the subject of your enquiry.