Insolvencies, down by 24.44pct in first 11 months

The number of companies and authorized individuals (PFAs) facing insolvency decreased by 24.44 pct in the first 11 months of 2019, compared to the similar period of the previous year, to 5,830 insolvencies, according to data posted on the website of the National Trade Register Office (ONRC).Most companies and PFAs facing insolvency were registered in Bucharest, respectively 1,059, on the decrease by 30.05 pct compared to the same period of 2018. The ranking ...

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