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2024 Q1 insolvencies in Romania increased 8.3% to 3,684 procedures, with wholesale, retail, construction, and manufacturing sectors most affected.
In the first half of 2024, new insolvencies in Romania rose by 8.3% compared to 2023, totaling 3,684 procedures, according to a Coface survey.
This increase highlights financial strain on businesses, particularly in wholesale, retail, construction, and manufacturing.
Payment incidents surged by 29%, and companies with turnovers over €5 million saw a 73% rise in insolvencies.
New company registrations fell to 68,223, and deregistrations increased by 34%.
7 months ago
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