03.24.2016

Coface Romania named Eugen Anicescu as the new country manager of the company, starting with March, after Constantin Coman was appointed group director of the company in Paris. more

02.03.2016

Romanian companies attracted additional financial resources, mainly directed to long-term investments, but they did not generate supplementary income or higher productivity, so that many of the more

10.16.2015

Coface Romania ratings agency forecasts Romania's inflation at 0.3% and a budget deficit of 2.5% of the GDP, while the economic growth is estimated at 3.3% this year. more

09.02.2015

The number of insolvencies among Romanian companies declined 57% on the year in January-June 2015, with most insolvencies among businesses operating in textiles, constructions and the hospitality more

08.26.2015

Romania ranks fourth in a top of the biggest 500 companies in Central and Eastern Europe in 2014 conducted by Coface, with 59 companies, up from 56 a year before, while Poland, Hungary and the Czech more

01.29.2015

The considerable decrease in the number of insolvencies registered in 2014 is only statistically relevant, as the dynamic came in the context of a base effect and the drop in insolvencies among very more

01.29.2015

Coface ratings agency forecasts Romania's economic growth rate at 2.7% this year, in a basic scenario, from a maximum 2.5% in 2014, which depends on the level of consumption in December. more

09.16.2014

The average revenue of IT and software distribution companies was 22% lower in 2013 compared with 2008, before the beginning of the financial crisis, but the profitability reached 2.4%, the highest more

09.10.2014

Road transporters face fragile liquidity and are very exposed to negative shocks such as non-payment of receivables or declining sales, according to Coface Romania estimates. more

09.09.2014

Coface ratings agency forecasts Romania's economic growth rate at 2.5% in 2014, closer to the forecasted CEE average growth rate of 2.4%, but one percentage point below 2013 GDP growth, as agriculture more

09.03.2014

The number of insolvency procedures opened in the first half of 2014 in Romania dropped by around 10%, to 12,453 procedures, affecting constructions, the textile, extracting and steel industries, more

08.26.2014

Romania ranks fourth in Central and Eastern Europe with 48 companies listed in the Top 500 in the region compiled by international credit insurance company Coface, fifth by their turnover EUR46.4 more

05.14.2014

The number of insolvency procedures opened dropped by around 14%, to nearly 6,000 procedures, affecting mostly utilities, the extracting industry and constructions, according to Coface. more

04.10.2014

Romania registered in 2013 the second highest insolvency rate, of 6.44%, among active businesses in Central and Eastern Europe (CEE), according to rating agency Coface. more

04.09.2014

Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment. more

04.02.2014

The development of distributors of food and agricultural products between 2011 and 2012 was not qualitative in terms of income, and 80% of the distributors that reported increasing turnover liquidity more

01.22.2014

Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Coface rating more

11.12.2013

Rating agency Coface on Tuesday said the fact that 111,000 firms suspended their activity in January-September counterbalances the effects of the new business activities generated by the setting up of more

08.30.2013

Romania climbed two notches to the third spot among countries in Central and Eastern Europe (CEE) by number of companies listed in Top 500 biggest companies in the region compiled by Coface rating more

08.08.2013

Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency. more

05.29.2013

The number of insolvencies will increase 10% in Romania in 2013, similar to last year, when 23,665 firms defaulted on their debts, according to a survey conducted by rating agency Coface, which shows more

04.02.2013

The number of companies faced with a shortage of cash is on the rise and so is the number of those filing for insolvency. As a result, now is one of the best moments to sell commercial credit more

01.23.2013

Romania’s recent amendments to its Tax Code, which compel companies with revenues up to EUR65,000 to pay a 3% income tax, will trigger an increase in the number of insolvencies for this type of more

01.23.2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Coface rating more

11.13.2012

The average turnover of the companies declared insolvent in 2012 was 34% higher than in the year before, which prolongs the financial crisis, according to of Coface rating agency. more