INSOLVENCY
361 articole · RSS
There Is Life After Insolvency: Jolidon, Ambient And Carpatair See Growth Despite Going Through Reorganization
Only 2% of the companies going insolvent successfully reorganize, which means most jobs in those companies are lost for good.
Petrolexportimport Goes Insolvent
The General Meeting of Shareholders of Romanian fuels wholesaler Petrolimportexport will discuss on October 1 the company’s entering insolvency after the Board of Directors had noticed the f...
Coface: Insolvencies at 10-Year Low But Loss to Creditors at 10-Year High in 1H
The total number of insolvencies was at a ten-year low in the first half of the year but insolvency-generated loss to creditors is nearing a ten-year high, a study by Coface showed Thursday.
20 Largest Companies To Go Insolvent In H1, 2018 Posted RON1.5B Revenue In 2017
The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about RON1.2 billion debt in 2017.
Insolvencies in Romania Grew 19% in 1Q 2018
The number of companies that went insolvent in Romania in the first quarter of the year grew 19.3% compared with the same period in 2017, to 2,305 companies, Trade registry data showed.
Insolvency Numbers Grow Nearly 30% in Jan-Feb
The number of companies that went insolvent in January and February this year grew 28.07% compared with the same period of 2017, to 1,492 companies, Trade Registry data showed Thursday.
Why Companies In Romania Go Insolvent
Halting the operations of one company and transferring the business to another entity has become a national pastime in Romania, with about 200,000 companies having gone insolvent in 2005-201...
Euro Construct Trading ’98 Enters Insolvency
Bucharest-based construction company Euro Construct Trading ’98 entered insolvency at its own request, allowed by the Bucharest Court Tuesday.
Retail, Construction, Food Services Show Highest Insolvency Risk
Retail and wholesale, with 9,468 companies, followed by construction (3,260 companies), restaurants and other food services (1,670 companies) show the highest risk of insolvency, according t...