INSOLVENT
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20 Major IT&C Companies In Romania Shed More Than 3,300 Jobs In 2016
A number of 20 of the largest local IT&C companies with more than EUR1.4 billion revenue shed more than 3,300 jobs last year, according to their reports with the Public Finance Ministry and Trade Registry that ZF looked at.
Companies That Went Insolvent In 2016 Posted EUR2.7B Turnover
The number of companies that went insolvent in Romania in 2016 dropped by 18% on the year, to 8,000, according to Trade Registry data.
Trade Registry: Over 8,200 Romanian Firms Went Insolvent In 1H
About 1,119 Romanian firms defaulted on their debts in June and the number of insolvencies reached some 8,215 in the first half of 2013, down 7% on the year, according to Trade Registry data...
Insolvent And Bankrupt Companies’ Overdue Debts Reached EUR2B End-April
Insolvent and bankrupt companies in Romania had overdue debts of 9 billion lei (EUR2 billion) at the end of April for loans taken out from banks, which translates into nearly 40% of corporat...
Romanian Constructor Confort Goes Insolvent
Construction company Confort, part of Izometal Confort owned by businessman Georgica Cornu, has filed for insolvency prompted by arrearage.