Corporate Insolvency Market Affected By Insufficient Funds - CITR

07.11.2011 By Florentina Dragu

As many as 96% of Romanian insolvent companies end up declaring bankruptcy due to fund shortage from creditors to cover procedure costs and reduced refinancing possibilities, according to Transylvania Insolvency House, or CITR.

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Keywords:: CORPORATE INSOLVENCY; , MARKET; , CITR

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