Coface: Insolvencies In Romania Up 7% YoY To Over 6,500 In 2022

02.22.2023 By Ecaterina Craciun

In 2022, more than 6,500 companies went insolvent, 7% more than in 2021 and 2% more than in 2019, one of the best years for the Romanian economy, before the Covid-19 pandemic, as per the latest Coface Romania survey and 2 percent above the level before the Covid-19 pandemic. The losses caused to creditors in 2022 by insolvent companies were 4.6 billion lei, down by 12 percent compared to the previous year. The number of insolvent companies with a turnover of over EUR 0.5 million increased from 322 to 357 during the past year.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
Coface
, insolvencies

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.