Most insolvencies were recorded in Bucharest (1,182, up 23.13 percent), Bihor (453, up 27.97 percent) and Prahova (354, up 39.37 percent).

 

At a national level, 26 counties recorded drops in the number of insolvencies, with percentages of 1.35 to 75.66 percent.

 

The luckiest counties were Calarasi (27 cases), Neamt (36 cases) and Giurgiu (37 cases).

 

Most companies experiencing financial difficulties operate in the field of commerce (1,801 insolvent companies, down from 1,853 last year), constructions (736 compared to 876) and premanufacturing (517 compared to 619).

 

In total, 29,500 companies entered insolvency last year and 130,000 since the start of the crisis. (Source: business-review.eu)