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INSOLVENCIES

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Study: Company Insolvencies In Romania Down 4% In H1/2023 Vs H1/2022, But Up 13% Vs H2/2022
Companies

Study: Company Insolvencies In Romania Down 4% In H1/2023 Vs H1/2022, But Up 13% Vs H2/2022

A total 3,358 new insolvency proceedings were opened in Romania in the first half of 2023, down 4% compared to the same period of 2022, as per the latest survey by Coface Romania conducted i...

Ecaterina Craciun · 19.09.2023 · 19:55 · 4 min
CITR: Company Insolvencies In Romania Down 6.2% YoY To 3,290 In H1/2023
Companies

CITR: Company Insolvencies In Romania Down 6.2% YoY To 3,290 In H1/2023

The number of companies which became insolvent in Romania in the first half of 2023 decreased by 6.2% to 3,290 as compared to 3,510 in the same period of 2022, according to CITR, the main pl...

Ecaterina Craciun · 31.07.2023 · 19:26 · 1 min
CITR: 1,644 Companies In Romania Went Insolvent In Q1/2023, Similar To Q1/2022 Level
Companies

CITR: 1,644 Companies In Romania Went Insolvent In Q1/2023, Similar To Q1/2022 Level

A total 1,644 companies went insolvent in the first quarter of 2023, which is similar to the level recorded in the same period of 2022 when 1,610 insolvent companies were registered, as per...

Ecaterina Craciun · 08.05.2023 · 17:06 · 2 min
Deloitte Legal: Companies Expect More Insolvencies And Disputes Related To Personal Data And Consumer Protection
Companies

Deloitte Legal: Companies Expect More Insolvencies And Disputes Related To Personal Data And Consumer Protection

Personal data security and consumer protection are the regulatory areas that have the greatest potential for increasing the litigation activity in the next three years, according to 64% and...

Ecaterina Craciun · 27.02.2023 · 12:58 · 3 min
Coface: Insolvencies In Romania Up 7% YoY To Over 6,500 In 2022
Companies

Coface: Insolvencies In Romania Up 7% YoY To Over 6,500 In 2022

In 2022, more than 6,500 companies went insolvent, 7% more than in 2021 and 2% more than in 2019, one of the best years for the Romanian economy, before the Covid-19 pandemic, as per the lat...

Ecaterina Craciun · 22.02.2023 · 18:34 · 3 min
KeysFin: Romania Faced More Company Insolvencies, Suspensions And Dissolutions In 2022 Vs 2021
Companies

KeysFin: Romania Faced More Company Insolvencies, Suspensions And Dissolutions In 2022 Vs 2021

Romania registered 8% more company insolvencies, 21% more suspensions and 15% more company deletions or dissolutions in 2022 versus 2021 , as per the latest edition of the KeysFin Macro Upda...

Ecaterina Craciun · 03.02.2023 · 17:51 · 1 min
CITR: Over 6,700 Companies Went Insolvent in 2022, Up 10% YOY
Companies

CITR: Over 6,700 Companies Went Insolvent in 2022, Up 10% YOY

More than 6,700 companies entered insolvency in 2022, up 10% from 2021, but just 67 of them are major companies with assets of above EUR1 million, flat from the previous year, reveals a surv...

Roxana Dumitru Rosu - Mediafax · 01.02.2023 · 10:57 · 1 min
Allianz Trade: Number of Insolvencies in Romania to Rise by 20% in 2023 from 2019
Companies

Allianz Trade: Number of Insolvencies in Romania to Rise by 20% in 2023 from 2019

The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in...

Cristina Roșca · 29.12.2022 · 09:41 · 1 min
CITR: Number Of Companies In Imminent Insolvency Drops 10% YoY In 2021 To 5,971
Companies

CITR: Number Of Companies In Imminent Insolvency Drops 10% YoY In 2021 To 5,971

The number of companies facing imminent insolvency decreased by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, at the onset of the coron...

Ecaterina Craciun · 09.11.2022 · 20:12 · 1 min