Just 326 companies with turnovers over EUR1 million went insolvent in 2017, compared with 333 in 2016. In 2013-2015, the number of insolvencies among large companies was double.
A ranking by the Trade Registry shows the ten largest companies by 2016 turnover that went insolvent in 2017 had a total turnover of RON2.625 billion. Four of the largest ten insolvency were in energy trading.
In 2016, 8,000 companies with a total turnover of RON12.2 billion went insolvent, according to Trade Registry Data. Of these, the top 20 made up RPON6 billion, half the total turnover.
In January-November 2017, the number of companies that went insolvent grew 7.82% compared with the same period in 2016, to 8,256.