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The latest Coface Romania study shows that 6,650 new insolvency procedures were opened in 2023 compared to 6,649 in 2022. The refused payment instruments increa...
This year should be a year of truce, a resilient year in many sectors and in which no economic contraction is expected, Bogdan Nichisoiu, Coface Romania...
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows.
*According to a study carried out by Coface Romania, of the 6,650 companies that entered insolvency last year, 1,446 are companies from the construction sector *Coface Romania experts say that insolvency is found especially in residential construction companies *The list of insolvencies is completed by companies from retail trade, wholesale trade and distribution - 1640 insolvencies *Bogdan Nichişoiu, Coface Romania rating manager: "Sales volumes in trade will continue to suffer due to inflation of 6-7%"
* In the first half of 2023, 49,349 LTD companies were registered, this being the lowest number of LTDs registered in the first half of the last 13 years. &nbs...