Iancu Guda

Romania has the second lowest number of active companies per thousand inhabitants in Europe, according an analysis of the financial-banking analysts in Romania. Overall, there are 500,000 active companies on the local market, with their…

Half of the companies set up in 2017 will no longer be in operation in 2022 - 2023, as those flowers that go out after the storm but are fragile, said Iancu Guda, Services Director, Coface Romania, in a press conference on Wednesday.…

The number of insolvencies in the first half of the current year is at the minimum of the last ten years, but the losses generated to the creditors are at the highest level in the period analysed, Coface informs in a press release.…

Increasing the companies’ average debt collection time, shrinking the middle class and lowering the capitalization level of companies have increased the vulnerability of the Romanian economy, compared to 2008, in the case of a new financial…

The local business environment has gone through a very painful regeneration process, in the last five years Romania lost at least 100,000 companies and 15 percent of companies with revenues over EUR 1 M, Coface report reads. “Only the…

The losses of Romanian companies caused by insolvency reached a maximum historical level, although 2017 started with a record low level of insolvencies, a recent Coface study reveals. From the quoted analysis, conducted based on the data…

“Yesterday we received calls from some investment funds which showed concern about what is happening now in Romania. For example, an investment fund that has budgeted EUR 100 million for takeovers of local companies, but informed us it has…

Three out of four companies in the fast-moving consumer goods (FMCG) sector are at average risk of insolvency over the next 12 months, according to EY-Coface market analysis in partnership with Bucharest University of Economic Studies…

Compared to Poland, Romania continues to have an incidence of insolvencies for 1,000 active companies of more than three times compared with the average recorded at regional level, with 23 insolvencies at 1,000 active companies, occupying…

The recent turbulent events unfolded in Turkey following a failed military coup will affect Romania only commercially, by Romanian exports slowdown, given that this is the main country of destination for local exports of non-EU countries,…