Horváth & Partners: Some 150,000 Firms In Romania May Go Bankrupt Due To COVID-19 Crisis Over The Next Year

04.13.2020 By Ecaterina Craciun

Nearly 150,000 firms in Romania could go bankrupt due to the economic crisis caused by the COVID-19 pandemic over the next year, judging by the situation caused by the previous financial crisis of 2008-2009, but the negative impact could, however, be diminished, considering that the society and companies have significantly changed in the past ten years, as per an analysis by Horváth & Partners.

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Keywords:
Horváth & Partners
, companies
, bankrupt
, coronavirus
, crisis