Insolvency in the first eight months of this year, down by 20.65 percent

A number of 5,455 companies entered insolvency in the first eight months of this year, decreasing by 20.65 percent compared to the same period of 2015, the National Trade Register Office (ONRC) data reveal. Most of the cases were recorded in Bucharest, namely 1,113 (-12.36 percent compared to the period January-July 2015), the capital being followed by Bihor County with 379 (+2.16 percent) and by Iasi County with 330 (+17.86 percent). Depending on the ...

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