In 2023, 6,650 new insolvency procedures were opened compared to 6,649 in 2022. The construction sector reports the highest number of insolvencies, respectively 1,446.
The first 3 sectors according to the number of companies entered into insolvency remain the same as in 2022: construction (1,446), retail trade (825) and wholesale trade and distribution (815). This evolution is justified by the fact that these 3 sectors hold approximately 39 percent of all companies in Romania.
Of the total number of companies entering insolvency in 2023, companies established before 2016 represent approximately 54 percent, down from approximately 60 percent in 2022.
Source: Profit.ro
