Top worst-hit counties by the number of bankruptcies

The list of worst-hit counties by the number of insolvency procedures started against Romanian companies is dominated by Bucharest with 1,195 cases in first six months, namely 11.45% of total, according to a survey by Coface Romania.

Coming in at second is Constanta with 752 cases of insolvency registered in the period under review, accounting for 7.2% of the country’s total number of bankruptcies. Bihor takes third spot with 675 and 6.47% of total. The ten worst-hit counties account for a half of total number of companies facing insolvency in Romania.

On fourth is Brasov with 618 (5.9%), followed by Cluj – 511 (4.9%), Prahova – 444 (4.25%), Satu Mare – 407 (3.9%), Arad – 401 (3.81%), Galati – 392 cases (3.76%) and Timis – 323 cases (3.13%).

The “healthiest” counties are Teleorman and Alba with the least cases of insolvencies – 42 and 36 cases respectively.

Rank	County	No Insolvencies	Rank	County	No Insolvencies
1.	Bucharest	1195	22.	Caras severin	177
2.	Constanta	752	23.	Ilfov	161
3.	Bihor	675	24.	Iasi	156
4.	Brasov	618	25.	Neamt	154
5.	Cluj	511	26.	Valcea	141
6.	Prahova	444	27.	Arges	137
7.	Satu Mare	407	28.	Tulcea	132
8.	Arad	401	29.	Vaslui	131
9.	Galati	392	30.	Bistrita Nasaud	129
10.	Timis	327	31.	Ialomita	123
11.	Dolj	319	32.	Suceava	118
12.	Bacau	267	33.	Braila	111
13.	Maramures	232	34.	Dambovita	107
14.	Buzau	229	35.	Calarasi	94
15.	Sibiu	225	36.	Mehedinti	80
16.	Hunedoara	215	37.	Covasna	79
17.	Vrancea	203	38.	Salaj	59
18.	Mures	198	39.	Botosani	58
19.	Gorj	184	40.	Giurgiu	55
20.	Olt	183	41.	Teleorman	42
21.	Harghita	178	42.	Alba	36