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RECEIVABLES

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Next Capital Sees 15% Rise In Volume Of Receivables Managed Through Factoring Operations In 1Q
Companies

Next Capital Sees 15% Rise In Volume Of Receivables Managed Through Factoring Operations In 1Q

Next Capital registered a 15% increase in the volume of receivables managed through factoring operations on the year in January-March 2017, to nearly RON25 million.

Ecaterina Craciun · 18.05.2017 · 12:43 · 1 min
Top Factoring: Average Value Of Uncollected Receivable Up 20% In 2016
Banks-Insurance

Top Factoring: Average Value Of Uncollected Receivable Up 20% In 2016

The average value of an uncollected receivable in 2016 stood at RON900, up 20% compared with 2015, according to the portfolio analysis of Top Factoring, one of the main players on the debt c...

Gabriela Stan · 28.02.2017 · 14:50 · 1 min
SMEs In Romania Recover Below 2% Of Money Owed By Insolvent Clients
Banks-Insurance

SMEs In Romania Recover Below 2% Of Money Owed By Insolvent Clients

Small and medium-sized enterprises (SMEs) in Romania recover below 2% of the money owed by their insolvent clients and it can take more than two years to recover the money, according to cred...

Ecaterina Craciun · 25.03.2014 · 13:43 · 1 min
Romanian Debt Collection Market Up 18% In 1H, To EUR747M
Banks-Insurance

Romanian Debt Collection Market Up 18% In 1H, To EUR747M

The Romanian debt collection market rose 18% in the first half of 2013 to EUR747 million, from EUR615 million in the similar interval a year ago, the Debt Management Service Association (AMC...

Ioana Tudor · 29.10.2013 · 14:19 · 1 min
Romstrade’s Creditors Claim Back EUR770M
Companies

Romstrade’s Creditors Claim Back EUR770M

The value of receivables creditors claim back from Romanian insolvent constructor Romstrade rises to 3.37 billion lei (EUR772 million), of which RON2.9 billion represent approved debts.

Ioana Tudor · 05.03.2013 · 18:06 · 1 min
Romania Wants To Recover Debts Of $1B From Several African, South American States
Social/Politics

Romania Wants To Recover Debts Of $1B From Several African, South American States

Romania should recover debts amounting to about $1 billion from several African and South American states which had economic relations with the country during the communist regime, Foreign A...

Ioana Tudor · 21.03.2012 · 12:05 · 1 min
Banks-Insurance

KRUK International Managed Receivables Worth RON6.3B In Jan-Sep

KRUK International, the Romanian branch of Polish group KRUK, took over in the first nine months of this year receivables with a total book value of 6.3 billion lei (EUR1.45 billion), up 54%...

Andrei Cîrchelan · 13.12.2011 · 14:02 · 1 min
Romania Debt Collection Market Seen Rising To RON300M In 2012
Banks-Insurance

Romania Debt Collection Market Seen Rising To RON300M In 2012

Romanian receivable management market is likely to reach approximately 300 million lei (EUR68.8 million) in 2012, from around RON230 million estimated for this year, receivable management co...

Florentina Dragu · 22.11.2011 · 13:32 · 1 min
Energy

SNLO's Receivables Higher Than Debts

Romanian state-owned mining company SNLO has a debt of 300 million lei (around EUR71 million) to suppliers and to the state budget, while receivables reach RON500 million, general manager Da...

Andrei Cîrchelan · 08.09.2011 · 12:53 · 1 min