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Over 62,000 companies closed down in Romania by end-May 2019 – a negative record

Over 62,500 companies and PFAs (sole traders) were closed down in Romania in the first five months of this year, 75 percent more than last year, according to an analysis conducted by Sierra Quadrant. In the same period, more than 68,200 companies and sole traders were registered, according to the National Trade Registry Office. The number of closed firm is a negative record for the Romanian economy, an alarm signal ...

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