This is according to a study by CITR, a company specializing in business restructuring, as reported by Agerpres.ro. According to the company’s analysts, in the first six months of this year, the number of bankruptcies in Romania’s agricultural sector rose from 127 to 226. There was a particularly sharp increase in the number of insolvent large enterprises with assets exceeding 4 million euros—from one company last year to 19 this year.
The company estimates that about 40% of Romania’s agricultural enterprises are at high financial risk. Of these, 631 companies are already on the verge of insolvency, while another 855 require urgent financial and operational restructuring.
The most problematic regions are identified as the counties of Bacău, Hunedoara, and Vaslui, as well as the major agricultural regions of Timiș, Arad, Constanța, Teleorman, Brăila, and Bucharest.
Data from the National Bank of Romania also confirms the financial pressure on the sector. The share of non-performing loans among non-financial companies rose to 5.6%, and among micro- and small enterprises—which include the majority of farms—it exceeded 7%. At the same time, state-guaranteed loans—which were actively used by farmers in 2020–2022—have a non-performing loan ratio of 11.3%.
CITR also notes that an increasing number of farmers are delaying grain sales in anticipation of higher prices. This worsens their liquidity and intensifies financial pressure on the entire supply chain. According to analysts, the continued stability of the agricultural sector will depend not so much on production volumes as on management efficiency, financial discipline, and companies’ ability to adapt to new market conditions.
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