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Country Risk · Eastern Europe

🇷🇴 Romania — Country Risk Profile

Improving but uneven payment culture. Romanian-language outreach and credible court threat significantly accelerate settlement.

Payment risk

Elevated

Enforcement difficulty

Moderate

Currency & transfer risk

Low

Currency

RON

Avg DSO

60–85 days

Insolvency trend

Rising

Limitation period

3 years

Elevated

Payment risk

Improving but uneven payment culture. Romanian-language outreach and credible court threat significantly accelerate settlement.

  • Law 72/2013 implements EU Late Payment Directive
  • Statutory interest of NBR reference + 8%
  • Wide DSO variance by sector and region
Moderate

Enforcement difficulty

Ordonanță de plată is a fast, low-cost path for undisputed claims; ordinary suits are slower but workable.

  • Ordonanță de plată typically resolves in 45–60 days
  • Executor judecătoresc handles enforcement
  • ONRC and insolvency registers searchable
Low

Currency & transfer risk

RON floats against EUR; transfers are unrestricted but FX exposure should be priced into long-tenor invoices.

  • RON floats vs EUR — moderate volatility
  • No capital controls; SEPA via euro accounts
  • Bank AML scrutiny on large inbound flows

DECOL recommendation

Romanian-language demand, then ordonanță de plată. Consider invoicing in EUR with onshore RON accounts to manage FX.

Debt recovery in Romania Recovery timelinesTalk to our Romania desk

Other country profiles

🇩🇪

Germany

Payment low · Enforcement low

🇬🇧

United Kingdom

Payment low · Enforcement low

🇫🇷

France

Payment moderate · Enforcement low

🇮🇹

Italy

Payment elevated · Enforcement moderate

🇪🇸

Spain

Payment moderate · Enforcement moderate

🇳🇱

Netherlands

Payment low · Enforcement low