Bucharest recorded the highest number of insolvencies, namely 220, down 38.89%, according to the National Trade Registry.
Constanta county comes next with 58 insolvencies, up 16%, followed by the Bihor county with 48 insolvencies, down 75.38%.
By comparison, the number of new company registrations dropped in January by only 0.16% year-on-year. Most new companies opened in Bucharest, namely 1,410. (source: Romania-insider.com)