COFACE
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Coface Ups Romania GDP Growth Forecast To 2.3% In 2014
Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment.
Coface: Most of Food Distributors With Increasing Turnover Face Liquidity Issues
The development of distributors of food and agricultural products between 2011 and 2012 was not qualitative in terms of income, and 80% of the distributors that reported increasing turnover...
Coface Sees Romania GDP Growth At 2.1% In 2014
Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Cofa...
Coface: 111,000 Firms In Romania Suspended Their Activity In First 9 Months
Rating agency Coface on Tuesday said the fact that 111,000 firms suspended their activity in January-September counterbalances the effects of the new business activities generated by the set...
Over 50 Romanian Firms Listed In Coface CEE Top 500 Companies
Romania climbed two notches to the third spot among countries in Central and Eastern Europe (CEE) by number of companies listed in Top 500 biggest companies in the region compiled by Coface...
Coface Sees Romania GDP Growth At 1%-1.5% In 2013
Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency.
Coface: Romania Ranks First In Central Europe By Number Of Insolvencies In 2012
The number of insolvencies will increase 10% in Romania in 2013, similar to last year, when 23,665 firms defaulted on their debts, according to a survey conducted by rating agency Coface, wh...
Coface: A Good Time To Sell Commercial Credit Insurance
The number of companies faced with a shortage of cash is on the rise and so is the number of those filing for insolvency. As a result, now is one of the best moments to sell commercial credi...
Coface: Romania’s Tax Code Amendments For Micro-Enterprises To Trigger More Insolvencies
Romania’s recent amendments to its Tax Code, which compel companies with revenues up to EUR65,000 to pay a 3% income tax, will trigger an increase in the number of insolvencies for this type...