AcasăEurope NewsTrade Register: Number of insolvencies up 15pct January through November

Trade Register: Number of insolvencies up 15pct January through November

Published on

The number of companies that entered insolvency increased by 15.31% in the first 11 months of 2024, up to 41,093, compared to 35,591 in the same period last year, according to data centralized by the National Trade Register Office (ONRC).

Most insolvencies were registered in Bucharest, respectively 8,167 companies (number increasing by 8.79% compared to the period January-November 2023) and in the counties of Ilfov (2,250, plus 34.65%), Constanta (2,218, plus 31.48%) and Cluj (2,174, plus 17.51%).

At the opposite side of the scale, the fewest company dissolutions were recorded in the counties of Ialomita, respectively 212 (plus 11.58% compared to the first 11 months of 2023), Covasna (215, plus 18.78%), Mehedinti (261, plus 11.54%), Caras-Severin (284, plus 12.25%) and Calarasi (298, 0%).

The field of activity that recorded the most company dissolutions, during the period January – November 2024, is wholesale and retail trade, repair of motor vehicles and motorcycles, where 11,283 dissolutions were reported at the national level. Compared to the same period of the previous year, dissolutions in this sector increased by 12.44%.

According to the same source, constructions, professional, scientific and technical activities, as well as the manufacturing industry are other areas of activity where a large number of company dissolutions were recorded, respectively 4,142 (+22.36%), 4,024 (+17.35%) and 3,428 (+12.17%).

In November 2024, 5,603 company dissolutions were recorded, most in Bucharest (1,229) and in the counties of Constanta (353), Ilfov (350), Cluj (322) and Timis (222).

AGERPRES

Latest articles

MEP Valean: ‘Flower Bridge’ is not just a crossing over water, it is an economic development opportunity

Romanian MEP Adina Valean declared on Saturday in Independence Square in Ungheni, Republic of...

PresidentialElection2025/Victor Ponta: Romania’s independence in priority setting is my country project

Victor Ponta, who is running as an independent in Romania's May 4 presidential election,...

Trade Register Office: 1,565 companies running on foreign capital set up in Q1 2025

A number of 1,565 companies running on foreign capital were established in Romania in...

PresidentialElection2025/Constitutional Court moves to appeal ruling suspending decision to annul presidential election

The Constitutional Court of Romania (CCR) moved to appeal the ruling of the Ploiesti...

More like this

MEP Valean: ‘Flower Bridge’ is not just a crossing over water, it is an economic development opportunity

Romanian MEP Adina Valean declared on Saturday in Independence Square in Ungheni, Republic of...

PresidentialElection2025/Victor Ponta: Romania’s independence in priority setting is my country project

Victor Ponta, who is running as an independent in Romania's May 4 presidential election,...

Trade Register Office: 1,565 companies running on foreign capital set up in Q1 2025

A number of 1,565 companies running on foreign capital were established in Romania in...