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The balance of the last 10 years of business in Romania: Turnover higher by 71% and the number of insolvencies lower by 59%

The balance of the last 10 years of business in Romania: Turnover higher by 71% and the number of insolvencies lower by 59%

The balance of the last 10 years of business in Romania shows an important progress of the local economy, from the perspective of the private companies, according to the annual study KeysFin "Business conditions in Romania".

Thus, the total turnover of non-financial companies in Romania increased by over 71% in the period 2009-2018, reaching 1.452 billion RON last year.

For the current year, KeysFin specialists estimate that this will be about 1,528 billion RON, which means an increase of 5% from year to year (2019 compared to 2018).

For more information, please see the Romanian version of the article, here.

 

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KEYSFIN SRL