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INSOLVENCIES

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Coface: Company Insolvencies In Romania Up 16% YoY In 1H/2022
Companies

Coface: Company Insolvencies In Romania Up 16% YoY In 1H/2022

The number of companies in Romania that set off insolvency proceedings increased in the first half of 2022 as compared to the same period of 2021, as per the latest survey conducted by Cofac...

Ecaterina Craciun · 13.09.2022 · 15:32 · 2 min
Trade Register: Number Of Insolvencies In Romania Up 11% YoY In January-July 2022
Companies

Trade Register: Number Of Insolvencies In Romania Up 11% YoY In January-July 2022

The number of Romanian companies and authorized private individuals (APIs) that filed for insolvency proceedings in the first seven months of 2022 was 11.14% higher than the level reported i...

Ecaterina Craciun · 31.08.2022 · 13:38 · 1 min
Coface: Company Insolvencies In CEE Region On The Rise
Companies

Coface: Company Insolvencies In CEE Region On The Rise

Various economic conditions, support measures and legal changes have affected insolvency trends in the Central and Eastern Europe (CEE) region over the last two years. The COVID pandemic tri...

Ecaterina Craciun · 10.05.2022 · 12:46 · 3 min
Coface: Company Insolvencies In Romania Hit Five-Year Low
Companies

Coface: Company Insolvencies In Romania Hit Five-Year Low

The number of company insolvencies in Romania reached the lowest level of the last five years. In 2020, over 5,500 companies went insolvent, 13% fewer on the year, and the bulk of insolvenci...

Ecaterina Craciun · 18.02.2021 · 10:31 · 2 min
Euler Hermes: Insolvencies In Romania Seen Up Over 12% In 2020, In Line With Trend In Other European States
Companies

Euler Hermes: Insolvencies In Romania Seen Up Over 12% In 2020, In Line With Trend In Other European States

The number of insolvencies in Romania is expected to increase by over 12% in 2020, in line with the situation in the other European countries, in the context of the crisis caused by the coro...

Ecaterina Craciun · 30.03.2020 · 13:18 · 1 min
CITR: Number Of Insolvent Impact Firms Down 32% To 139 In 2019, But Fixed Assets Value Up 25% To EUR1B
Companies

CITR: Number Of Insolvent Impact Firms Down 32% To 139 In 2019, But Fixed Assets Value Up 25% To EUR1B

The number of insolvencies among impact companies in Romania deceased by 32% to 139 in 2019, from 183 in 2018, but their value in terms of fixed assets grew 25% on the year in 2019, reaching...

Ecaterina Craciun · 05.03.2020 · 12:44 · 1 min
Euler Hermes: Insolvencies In Romania On Downward Trend In Last 2 Years, But 3% Rise Expected In 2020
Companies

Euler Hermes: Insolvencies In Romania On Downward Trend In Last 2 Years, But 3% Rise Expected In 2020

The number of insolvencies in Romania has been on a downward trend in the last two years, but the trend is set to reverse in the coming period, amid a slowdown in economic growth, the accent...

Ecaterina Craciun · 06.02.2020 · 12:50 · 2 min
Insolvencies in Romania Down 24.4% in Jan-Nov
Analysis

Insolvencies in Romania Down 24.4% in Jan-Nov

The number of companies that entered insolvency in the first 11 months of 2019 dropped 24.4% compared with the same period last year, to a total of 5,830, Trade Registry data showed Friday.

Oana Gavrila · 27.12.2019 · 15:18 · 1 min
Over 3,200 Companies Went Insolvent In 1H/2019
Companies

Over 3,200 Companies Went Insolvent In 1H/2019

The 20 largest companies going insolvent in the first six months of 2019 had a combined turnover of RON1.6 billion and total debts of nearly RON1.2 billion in 2018, according to ZF calculati...

Ecaterina Craciun · 29.08.2019 · 18:23 · 1 min