Most Insolvencies Triggered By High Debts, Mismanagement, Lower Consumer Demand

06.12.2013 By Ioana Tudor

Managers in Romania believe that lower consumer demand is the reason why the companies they run have gone insolvent, while facts show most of insolvencies were triggered by high debts and mismanagement, according to Casa de Insolventa Transilvania (CITR).

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Keywords:
INSOLVENCY
, DEBT
, MISMANAGEMENT