Time to resolve insolvency reached 3.30 years in 2019 in Romania, according to the National Statistical Office. This is 0% more than in the previous year.
Historically, time to resolve insolvency in Romania reached an all time high of 4.60 years in 2003 and an all time low of 3.30 years in 2019.
Romania has been ranked 34th within the group of 155 countries we follow in terms of time to resolve insolvency.
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