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Bucharest
April 15, 2021
BUSINESS

Over 6,500 companies became insolvent from January to July

The number of companies that became insolvent has dropped by 56.82pct to 6,530 in the first seven months of 2015, as compared to the similar period of 2014, according to data released by the National Trade Register Office (ONRC), published on Monday.
Versus June’s level, the number of companies that entered insolvency in July increased by 13.8pct.
The highest number of insolvent companies – 1,215 – was recorded in Bucharest, on a downtrend by 49.81pct year-on-year. Next comes Bihor County with 331 companies (- 67.83pct), followed by Timis County with 323 (- 44.21pct).
From January to July 2015, 71,966 companies and sole traders were registered, up by 13.63pct year-on-year.
Bucharest saw most of these registrations, namely 11,703, followed by the Cluj, 3,690, and Timis, 2,968.

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