insolvent companies

The latest Coface Romania study shows that in H1 2024, 3,684 new insolvency proceedings were opened, an increase of 8.32% compared to the same period of last year. There is also a deterioration in the payment behavior of companies, the…

The latest Coface Romania study conducted a month ago shows that in H1 2023, 3,358 new insolvency proceedings were opened, down by 4% compared to the same period of last year. A decrease is also seen in the case of losses caused by…

The latest Coface Romania study shows that 6,531 new insolvency proceedings were opened in 2022, up by 7% compared to 2021, and 2% above the level before the Covid-19 pandemic. The losses caused to creditors in 2022 by insolvent companies…

A new survey conducted by Coface Romania on the evolution of insolvencies in Romania in H1 2019, points out a 33% decrease in the number of insolvent companies during this period, in the context of a real and sustainable economic growth of…

Romania is among the countries of the European Union with the longest and most difficult period of insolvency for companies and one of the main reasons is that many investors have serious loopholes in the field of risk prevention…

The number of insolvent companies and authorized individuals (PFAs) grew by 19.31 percent in Q1 compared to the similar period of 2017, to 2,305, according to National Trade Register Office (ONRC) data. Most of the companies and PFAs in…

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 insolvent companies and authorized persons (PFAs) increased by 8.73 percent in 2017 compared to the similar period in 2016, to 9,102 units, according to National Trade Register Office (ONRC) data. Most of the companies and…

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.…

In a capitalist market economy with a history of a quarter century, the Romanian business environment seems to be in constant trial and gap increasingly higher compared to the developed economies, according to Coface research. Thus, the…