Besides real estate and metalworking, crude oil processing and hotel business also registered losses last year, including 3,809 companies or 23% of the surveyed companies, and overall net losses of EUR825 million in 2013.
On the other hand, the top of profitable sectors include oil and gas extraction, trade operations, energy production and distribution, auto industry and plastics production, with 4,386 companies, or 26.58% of the surveyed companies.
CIT Restructuring, part of CITR Group (former Transilvania Insolvency House), launched the second edition of Romanian companies solvency study, tracking the evolution of all companies in Romania with assets exceeding EUR1.5 million (approximately 16,500 companies), between 2012 and 2013.
Thus, of the 16,500 companies, 11,097 registered profit in 2013, totaling EUR8.85 billion, while their overall turnover rose 6% on the year to EUR164.69 billion.
The average turnover per company rose from EUR9.67 million in 2011 to EUR10.16 million in 2013.
Medium-sized enterprises, with assets between EUR1.5 million and EUR5 million generate 16.5% of the total turnover, while big enterprises (10% of the total) generate 70% of the turnover.