February 1 (SeeNews) - The number of insolvent Romanian companies rose by an annual 8.22% in 2022, the country's trade registry said on Wednesday.
A total of 6,649 companies were insolvent at the end of last year, data from the ONRC website showed.
The highest number of insolvent companies and legal entities was registered in the capital Bucharest, increasing 4.16% on the year to 1,153.
The north-eastern county of Botosani saw the lowest number of insolvencies in 2022, with only 26 firms becoming insolvent, marking an annual decrease of 35%.
During 2022, the highest number of insolvent companies was registered in the wholesale, automobiles and motorcycles servicing sector (1,826), followed by constructions (1,284), and manufacturing (848).