Romania has reached the performance of having the smallest number of insolvencies in history
Romania is nearing the end of the post-crisis growth cycle, according to the latest data received from the Trade Register. Thus, in 2019, Romania reached the performance of having the smallest number of insolvencies in history (6,500), respectively 27% lower than in 2018 and 67% compared to 2009. Also, another record figure is and that of the active economic entities (companies and PFAs) that totaled 1.36 million entities in Romania, in 2019.
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