www.economica.net/valentina-burdescu-onrc-20-567-d

Between 2024 and September 2026, 20,567 insolvency procedures were initiated in Romania, primarily bankruptcies. The number of insolvencies has been increasing annually by 5-8%. In 2024, 7,417 procedures were opened, followed by 7,786 in 2025. The trend is expected to continue in 2026, with 5,364 procedures recorded in the first nine months. Most procedures are bankruptcies, with 18,739 out of the total. Bucharest leads in insolvency filings, followed by Bihor, Cluj, Ilfov, and Timiș. Reorganization procedures remain low, with only 374 approved in 2024. Currently, 15,111 procedures are ongoing, while 18,395 have been closed with deregistration. The discussion on insolvency's role in economic recovery was highlighted at a recent event.