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Coface: Over 7,200 new insolvency proceedings opened in Romania in 2024, 9.38% more YoY
The latest study conducted by Coface Romania revealed that 7,274 new insolvency proceedings were opened in 2024, compared to 6,650 in 2023, marking a 9.38% increase. Among companies with a turnover above EUR 5 million, there was a 75% rise…
Irina Marica · Journalist
· Updated · 3 min read
The latest study conducted by Coface Romania revealed that 7,274 new insolvency proceedings were opened in 2024, compared to 6,650 in 2023, marking a 9.38% increase. Among companies with a turnover above EUR 5 million, there was a 75% rise in insolvencies last year.
Denied payment instruments have increased both in value (+30%) and number (+17%) compared to 2023 but continue to remain below the levels recorded in 2019, Coface said.
