Number of insolvencies up 12pct, Jan.-May; suspensions and dissolutions up 30.81pct, 59.49pct, respectively
Publicat:The number of companies and registered sole traders (PFA) facing insolvency increased by 11.97 percent in the first five months of this year, compared to the similar period of 2017, reaching 3,686 units, the data published on the site of the National Trade Register Office (ONRC) reveals.
Most of the companies and registered sole traders facing insolvency are from Bucharest, namely 737 (+2.50 percent compared to the same period of 2017), followed by Bihor County with 237 (+22.16 percent), Iasi County with 213 (+4.41) and Timis County with 181 (+27.46 percent). In May a number of 721 companies…
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