Nevertheless, the size of the businesses affected by insolvency this year is higher by over 200%. According to the study, another 133 companies with assets exceeding EUR1 million have filed for insolvency but the procedures have not been opened yet.
The 95 insolvent companies have 3,000 more employees than the companies with impact on economy which went insolvent in the same period a year before (12,165 employees in 2016) and a 216% higher overall turnover (EUR1.28 billion).
The companies with impact on economy which filed for insolvency but whose procedures have not been opened yet have a total turnover of over EUR2.1 billion and approximately 23 thousand employees.
Most of the companies which filed for insolvency operate in Bucharest (over EUR550 million turnover), Ilfov (over EUR340 million), Constanta (EUR340 million) and Sibiu (EUR301 million).