The number of business dissolutions decreased by 8.63% in the first three months of 2020, y-o-y, to 7,773 from 8,507 companies in Q1 2019, according to data with the National Companies Registry Office (ONRC).
Most dissolutions were reported in Bucharest City - 1,368 companies (down 5.33% from Q1 2019) and in the counties of Constanta (436, + 3.07%), Timis (403, - 4.73%) and Brasov (391, + 72.25%).
Against Q1 2019, the largest increases in dissolutions were recorded in the counties of Brasov (plus 72.25%), Covasna (plus 45.83%) and Hunedoara (plus 19.77%), while the most significant decreases were recorded in the counties of Caras- Severin (minus 55.49%), Vaslui (minus 51.89%) and Bistrita-Nasaud (minus 50%).
The business field most affected by dissolutions January - March 2020 were wholesale and retail trade; repair of motor vehicles and motorcycles, where 2,172 dissolutions were reported nationwide. Compared with the same period of 2019, the dissolutions in this sector decreased by 16.37%.
Construction and professional, scientific and technical activities are two other business fields where a large number of business dissolutions were reported - 797 and 716, respectively.
In March 2020, 2,068 dissolutions were recorded, most of them in Bucharest (347) and the counties of Constanta (138) and Timis (124).
Business dissolutions in Romania, down 8.6pct in Q1 2020
Sursă foto: zf.ro
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