The year 2022 brought a record number of newly established companies in Romania, with almost 100,000 limited liability firms being set up during the period January-October, according to Trade Register data.
The number of Romanian companies and authorized private individuals (APIs) that filed for insolvency proceedings in the first seven months of 2022 was 11.14% higher than the level reported in the year-earlier period, with a total 3,932 insolvencies being recorded in January-July 2022, as per Trade Register data.