The biggest spike in insolvencies was recorded in the county of Satu Mare (184%), and the biggest drop in insolvency numbers was recorded in Mehedinti (-55%).

The most affected sectors of activity were real estate transactions, where the number of insolvencies grew 145% in the first quarter, while insolvencies in healthcare and social work doubled.

Drops in insolvency numbers in the first quarter were registered in the mining industry (-33%), water distribution (-39%), and financial brokerage and insurance services(-33%).