Other high-risk sectors are special constructions (1,566 companies) and transport (1,507 companies).
“Despite record economic growth, but beyond growth on paper, doing business in Romania is a challenge riddled with obstacles. In 2018, in Romania, there is a businessman who has 119 companies, of which 116 are insolvent. There are nine other such business owners with 40 to 100 companies under insolvency,” KeysFin noted.
Micro-enterprises have the largest exposure to insolvency risks (17,288 companies), followed at a considerable distance by small businesses (519 companies) and medium-sized businesses (102 companies), while only 11 large companies were registered in the Insolvency Procedures Bulletin.