A total 1,474 companies went insolvent in January (compared to 2,031 in January 2011), followed by another 1,134 in February (compared to 1,276 in February 2011).

Most insolvencies were registered in Bucharest (283), followed by the counties Arad (204) and Arges (207).

A total 725 retail firms went insolvent, followed by 349 companies in the processing industry and 291 in construction.

In the same timeframe, 3,120 firms were suspended, 34% fewer than in the same interval of 2011.

Over 946,000 economic agents were active in Romania at the end of February, compared 890,000 at the end of February 2011.