Against the backdrop of global economic instability, the number of insolvencies worldwide recorded a 19% increase in 2024 compared to the previous year, according to the latest Atradius report “ Insolvencies normalise, but trade war brings new risks” , published in April 2025. The analysis, covering 29 global markets, highlights a trend toward a return to pre-pandemic levels, albeit with additional risks stemming from the ongoing trade conflict. Romania is no exception: with an insolvency index