Insolvencies down by more than half in Romania
The number of companies that became insolvent in the first quarter of this year dropped by 57% year-on-year. It reached some 2,800, according to Romania's Trade Registry's Office (ONRC). Compared to February this year, the number of…
Romania Insider · Journalist
· Updated · 1 min read
The number of companies that became insolvent in the first quarter of this year dropped by 57% year-on-year. It reached some 2,800, according to Romania's Trade Registry's Office (ONRC). Compared to February this year, the number of companies that entered insolvency increased by 52% in March. Bucharest recorded the highest number of insolvencies, with 576, down by 51%. It was followed by Constanta, with 145 insolvencies, and Bihor and Maramures, with 143 insolvencies. In the first quarter of the year, some 29,500 individuals and companies registered, up 0.9% compared to same period in 2014. editor@romania-insider.com
