COFACE
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Coface: More Difficult Access To Financing, Higher Interest Rates To Negatively Impact Business Environment In 2019
The current economic context will become increasingly volatile in the coming period, impacted by the mix of domestic legislative measures and the external economic and political developments...
Coface: Romania Ranks Second In CEE By Insolvency Numbers In 2017
Romania ranks second among countries in Central and Eastern Europe (CEE) regarding the number of insolvent companies in 2017, with 8,256 firms, placing between Hungary (16,302 insolvent firm...
Coface: Insolvencies at 10-Year Low But Loss to Creditors at 10-Year High in 1H
The total number of insolvencies was at a ten-year low in the first half of the year but insolvency-generated loss to creditors is nearing a ten-year high, a study by Coface showed Thursday.
Half Of Start-ups Set Up In 2005-2010 Survived At Least 5 Years, But Just 2.5% Of Them Reached Over EUR1M Revenue
The first million euros, a target set by many entrepreneurs at the beginning of the road, remains for most start-ups only a threshold hard to reach. Over 95% of entrepreneurial initiatives d...
Coface: Romania Insolvency Numbers Up 3% On Year In 2017, At 8,256
The number of companies that went insolvent in Romania rose 3% to 8,256 in 2017, from 8,053 a year before, according to a study by Coface. The bulk of insolvent companies operate in the ener...
Coface Seeks to Hire 50 Experts in Bucharest IT Center
France-held Coface, one of the leading credit insurance groups in the world, is seeking to hire 50 experts at its IT development center in Bucharest opened six months ago.
Coface: Romania Grows In Terms Of Company Evolution, But Remains Below Economy Potential
Romania is growing in terms of companies’ evolution, but remains below the potential of the country’s economy and below the GDP potential, despite seeing the highest GDP growth rate in the r...
Coface: Automobile Dacia Keeps Spot Among Romanian Firms Listed In CEE Top 500 Companies
Carmaker Automobile Dacia has kept its spot among Romanian firms listed in a ranking of 500 largest companies in Central and Eastern Europe (CEE) by turnover, compiled by Coface. Automobile...
Coface: 180 Companies In Romania, With Over EUR1M Turnover, Went Insolvent In 1H/2017
The number of company insolvencies in the first half of 2017 is similar with last year’s level, namely, 4,442 new procedures, but the number of companies with a turnover of over EUR1 million...