AcasăEurope News1,628 companies, sole traders file for insolvency in Q1 2025, down 9.7pct

1,628 companies, sole traders file for insolvency in Q1 2025, down 9.7pct

Published on

There were1,628 companies and sole traders (PFAs) filing for insolvency in Q1 2025, down 9.71% year-on-year, according to data published on the website of the National Companies Registry Office (ONRC).

Most of them, 370, were registered in Bucharest, up 11.45% year-on-year.

Next in the insolvency ranking were the counties of Bihor, with 129 insolvencies (-14.57%), Cluj – 107 insolvencies (-30.07%), Ilfov – 85 (+18.06%), Timis – 72 (-33.33%) and Prahova – 62 (+10.71%).

On the other hand, the fewest cases of insolvency were reported in the counties of Harghita, four (+33.33% year-on-year); Covasna – 6 (-60%); Teleorman – 7 (- 41.67%), and Vaslui – 9 (minus 10%).

By fields of activity, the highest number of insolvencies was recorded in wholesale, retail, repair of motor vehicles and motorcycles, 410 (-15.46% from Q1 2024); construction – 314 (-3.5%); transport and storage – 203 (+11.54%) and manufacturing – 184 (-14.02%).

In March 2025, 636 insolvencies were registered, most of them in Bucharest (124) and in the counties of Bihor (50), Cluj (45), Ilfov (39) and Timis (32).

AGERPRES

Latest articles

MAE: Romania actively contributes to deepening the European design

Romania actively contributes to deepening the European design, says the Ministry of Foreign Affairs...

President Bolojan: Marking 20 years since signing of EU Accession Treaty, opportunity to focus on consolidating European path

Interim President Ilie Bolojan conveyed a message on Friday, on the 20th anniversary of...

Romania to remember Pope Francis on April 26, day of national mourning

The Romanian government on April 24, 2025, approved declaring April 26, 2025, a day...

BVB stocks open Friday’s trading session higher

The Bucharest Stock Exchange (BVB) stocks opened higher on Friday on trades of RON...

More like this

MAE: Romania actively contributes to deepening the European design

Romania actively contributes to deepening the European design, says the Ministry of Foreign Affairs...

President Bolojan: Marking 20 years since signing of EU Accession Treaty, opportunity to focus on consolidating European path

Interim President Ilie Bolojan conveyed a message on Friday, on the 20th anniversary of...

Romania to remember Pope Francis on April 26, day of national mourning

The Romanian government on April 24, 2025, approved declaring April 26, 2025, a day...