Business deregistrations down more than 66 pct in H1 2020

Autor: Ioana Necula, Redactor
Publicat: 31-07-2020 10:14
Actualizat: 31-07-2020 10:15

The number of deregistered companies decreased in the first half of 2020 by 66.07 pct, compared to the same period last year, totalling 23,007 write-offs, according to statistics of the National Trade Register Office (ONRC).

The most deregistrations were recorded in Bucharest - 3,418 companies (53.7 pct less than in January-June 2019) and in the counties of Cluj - 1,079 (minus 55.23 pct), Constanta - 1,038 (minus 41.88 pct) and Timis - 924 (minus 54.95 pct).

On the other hand, the fewest deregistrations were recorded in the counties of Covasna - 167 (down 66.53 pct compared to the same period in 2019), Ialomita - 168 (minus 65.57 pct) and Calarasi - 187 (minus 74.45 pct).

By activity, the highest number of deregistrations was recorded in wholesale and retail trade, repair of motor vehicles and motorcycles - 6,159 (minus 70.19 pct compared to January-June 2019), construction - 2,150 (minus 66.71 pct) and professional, scientific and technical activities - 1,930 (minus 62.26 pct).

In June 2020 there were 4,904 deregistrations, most in Bucharest (867) and the counties of Cluj (261), Constanta (195) and Timis (179).