INSOLVENCIES
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Cionca, CITR: Nearly 60% Of Romanian Firms Face Imminent Insolvency Or Financial Distress
The decrease in the number of insolvencies, statistically speaking, is just a quantitative indicator, which is inconclusive for the country’s economy, considering that 60% of important compa...
Breath Of Fresh Air For Romanian Economy: Bounced Payments Fell By 20% In 2014
Checks and promissory notes worth almost 8 billion lei (EUR1.8 billion) bounced in 2014, down 20% from 2013, according with BNR data.
Trade Registry: Romania Insolvency Numbers Down 27.35% In January-November
The number of companies that went insolvent in Romania in January-November this year was 27.35% lower than in the same period of 2013, the Trade Registry office said Monday.
Trade Registry: Romania Insolvency Numbers Down 23.5% In January-October
The number of companies that went insolvent in Romania in January-October this year was 23.5% lower than in the same period of 2013, the Trade Registry office said Wednesday.
Trade Registry: Romania Insolvency Numbers Down 17.4% In January-September
The number of companies that went insolvent in Romania in January-September was 17.4% lower compared with the same period a year earlier, the Trade Registry office said Thursday.
Trade Registry: Romania Insolvency Numbers Down 14.7% In January-August
The number of companies that went insolvent in Romania in January-August this year was 14.7% lower than in the same period of 2013, the Trade Registry office said Tuesday.
MedLife: Private Healthcare Sector Will See Major Insolvencies In 2015
Hospitals have not been a winning bet for many private healthcare operators in Romania and the market will be hit by significant insolvencies next year, said Mihai Marcu, managing board pres...
Trade Registry: Some 8,890 Companies Went Insolvent In January-April
Romania's Trade Registry on Friday said 8,889 companies filed for insolvency in the first four months of the year, down 14.36% from 10.379 companies in the year-earlier period.
Romania Ranks Second In CEE By Insolvency Rate Among Active Businesses
Romania registered in 2013 the second highest insolvency rate, of 6.44%, among active businesses in Central and Eastern Europe (CEE), according to rating agency Coface.