Additionally, 17,928 companies halted operations in January through October, compared with 61,941 companies in the corresponding period of 2010.
In October alone, the number of companies that defaulted on their debt rose to 1,783, more than double from 719 companies in September.
Most of the companies that closed their doors operated in the retail sector, followed by construction and manufacturing companies, the data showed.
On the other hand, around 113,346 new companies were enrolled with the Trade Registry in the first 10 months, up from 102,145 companies in the year-earlier period. End-October, the Registry included 939,241 companies.
Nearly 21,700 Romanian companies went insolvent in 2010, up from 19,894 companies in the previous year.