COFACE
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Coface: 105,545 Companies In Romania Went Insolvent In 2011-2015
A total 105,545 companies in Romania went insolvent between 2011 and 2015, which translates into 40 insolvencies per 1,000 active firms, nearly fourfold higher than the level in Central and...
Coface: Recent Events In Turkey To Impact Romania Only In Terms Of Trade
The recent events related to the coup attempt in Turkey will impact Romania only in terms of trade, by tempering Romanian exports, given that Turkey is the main country of destination for Ro...
Ten Largest Companies To Go Insolvent In H1 Posted RON2B Losses In 2015
The ten largest businesses that went insolvent in the first half posted about 2 billion lei (EUR448 million) losses in 2015, almost as high as their revenue. These companies employ about 15,...
Coface: Romania Insolvency Numbers Fell By Nearly 50% In 2015
The number of insolvencies decreased last year in 9 of 13 countries in the Central and Eastern Europe region and the GDP-weighted regional insolvency average was -14%, according to a Coface...
Eugen Anicescu Named Coface Romania Country Manager
Coface Romania named Eugen Anicescu as the new country manager of the company, starting with March, after Constantin Coman was appointed group director of the company in Paris.
Coface: Companies Attracted Additional Financial Resources Without Generating Income
Romanian companies attracted additional financial resources, mainly directed to long-term investments, but they did not generate supplementary income or higher productivity, so that many of...
Coface Sees Romania Inflation At 0.3%, Budget Deficit At 2.5% In 2015
Coface Romania ratings agency forecasts Romania's inflation at 0.3% and a budget deficit of 2.5% of the GDP, while the economic growth is estimated at 3.3% this year.
Coface: Insolvencies In Romania Down 57% In 1H
The number of insolvencies among Romanian companies declined 57% on the year in January-June 2015, with most insolvencies among businesses operating in textiles, constructions and the hospit...
Coface: Romania Ranks Fourth In CEE Top 500 Companies
Romania ranks fourth in a top of the biggest 500 companies in Central and Eastern Europe in 2014 conducted by Coface, with 59 companies, up from 56 a year before, while Poland, Hungary and t...