INSOLVENCIES
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CITR: Food Producers, Realtors, Subsidy Beneficiaries Most Prone To Financial Distress In 2014
Companies in the food sector, the beneficiaries of subsidies and the owners of leasable retail, industrial and office spaces are more likely to face financial challenges in 2014, according t...
Trade Registry: 23,543 Firms In Romania Went Insolvent In January-0ctober
Romania’s Trade Registry Monday said the number of firms defaulting on their debts in October doubled compared to September and the number of insolvencies reached 23,543 in the first ten mon...
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...
Trade Registry: 9,655 Romanian Firms Went Insolvent In January-July
About 1,440 Romanian firms defaulted on their debts in July and the number of insolvencies reached some 9,655 in the first seven months of 2013, down 5.37% on the year, according to Trade Re...
Coface: Number Of Insolvent Firms In Romania Down 10% In 1H, To 12,740
The number of insolvent firms in Romania fell 10% on the year in the first half of 2013, to 12,739, according to rating agency Coface.
Trade Registry: Around 4,500 Romanian Firms Went Insolvent In 1Q/2013
Romania’s Trade Registry on Friday said the number of companies going insolvent in the first quarter of 2013 rose slightly to 4,472, compared to 4,414 in the same period a year ago.
Coface: Insolvency Rate Among Micro-Enterprises In Romania Up In Faster Pace In Last 2 Years
The number of micro-enterprises in Romania going insolvent over the past two years has grown by 14.5% annually, accounting for 85% of overall business insolvencies in 2012, compared to 78% i...
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...
Number Of Romanian Insolvencies Higher In November
The number of companies going insolvent in Romania in November increased by 15% on the month, to 2,062 from 1,783 in the previous month, according to trade registry data.