Romania’s agricultural sector is facing a deepening financial crisis, with the number of agricultural companies entering insolvency doubling to its highest level in recent years, amid pressure from Ukrainian grain imports and rising energy and fertiliser costs driven by geopolitical instability, according to an analysis by restructuring specialist CITR.
The risk is particularly acute in the counties of Bacau, Hunedoara and Vaslui, as well as in major agricultural areas such as Timis, Arad, Constanta, Teleorman, Braila and Bucharest.
According to the analysis published on Wednesday, based on data from the National Trade Register Office (ONRC) and CITR’s own financial assessments of the agricultural sector, the…