The three are the companies in the insolvency ranking with more than RON100 million revenue, Trade Register data show.
The ranking only includes companies that submitted their 2019 financial statements, the latest data available.
A number of 5,632 companies went insolvent last yar. Only half, 2,832, filed their 2019 financial statements, which shows total revenue of RON5 billion. Many of those businesses are small, considering the top 20 companies to go insolvent last year generate RON1.3 billion revenue together or more than a quarter of the total.
(English version by Loredana Fratila-Cristescu)