Economy | 3 December, 2025 at 7:53 PM
Romanian insolvencies surge 46.5% in November 2025
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.
Liberty Galați's restructuring plan was officially approved by creditors and the Galați Tribunal at the start of August.
Nearly half of the companies whose applications were admitted went directly into bankruptcy, with no chance of recovery.
43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.
In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.
Nine countries experienced a higher number of insolvencies, and three countries recorded a decrease (Bulgaria, Croatia and Latvia).
As expected, 2023 recorded a high-speed rebound in insolvencies in three out of four countries (55% of global GDP).
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.