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).
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.
Romanian drilling company Foraj Sonde Videle has secured a framework contract worth approximately €132 million from Dalkia France, part of the EDF Group, for geothermal drilling services over three years.