09.23.2024

The number of new insolvencies in Romania went up by 8.3% in the first half of 2024 against the same period of 2023, with 3,684 new procedures being opened, the latest Coface survey shows. more

04.25.2024

In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023. more

02.02.2024

The number of companies in Romania resorting to insolvency proceedings in 2023 remained unchanged compared to 2022 level, namely, at 6,650 firms, according to an analysis conducted by CITR, leader of more

10.27.2023

The number of insolvencies in Romania decreased by 7% year-over-year in the first eight months of 2023, but a return to the growth rate is expected in the coming months, the factors being both more

09.19.2023

A total 3,358 new insolvency proceedings were opened in Romania in the first half of 2023, down 4% compared to the same period of 2022, as per the latest survey by Coface Romania conducted in August more

07.31.2023

The number of companies which became insolvent in Romania in the first half of 2023 decreased by 6.2% to 3,290 as compared to 3,510 in the same period of 2022, according to CITR, the main player in more

05.30.2023

The number of companies going insolvent is growing at an accelerated pace worldwide, exceeding the pre-pandemic level, according to Allianz Trade Global Insolvency Index. more

05.08.2023

A total 1,644 companies went insolvent in the first quarter of 2023, which is similar to the level recorded in the same period of 2022 when 1,610 insolvent companies were registered, as per an more

04.27.2023

The total number of business insolvency proceedings in countries across Central and Eastern Europe (CEE) grew by 39.3% to 36,090 in 2022 from 25,917 in 2021, according to an analysis by Coface. more

02.27.2023

Personal data security and consumer protection are the regulatory areas that have the greatest potential for increasing the litigation activity in the next three years, according to 64% and more

02.22.2023

In 2022, more than 6,500 companies went insolvent, 7% more than in 2021 and 2% more than in 2019, one of the best years for the Romanian economy, before the Covid-19 pandemic, as per the latest Coface more

02.03.2023

Romania registered 8% more company insolvencies, 21% more suspensions and 15% more company deletions or dissolutions in 2022 versus 2021 , as per the latest edition of the KeysFin Macro Update more

02.01.2023

More than 6,700 companies entered insolvency in 2022, up 10% from 2021, but just 67 of them are major companies with assets of above EUR1 million, flat from the previous year, reveals a survey by more

12.29.2022

The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in 2019. more

11.14.2022

The global insolvency index, which covers 44 countries that represent 87% of the global gross domestic product (GDP), recorded in April-June 2022 period the first quarterly increase of 8% after 2020, more

11.09.2022

The number of companies facing imminent insolvency decreased by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, at the onset of the coronavirus more

09.13.2022

The number of companies in Romania that set off insolvency proceedings increased in the first half of 2022 as compared to the same period of 2021, as per the latest survey conducted by Coface Romania more

08.31.2022

The number of Romanian companies and authorized private individuals (APIs) that filed for insolvency proceedings in the first seven months of 2022 was 11.14% higher than the level reported in the more

05.10.2022

Various economic conditions, support measures and legal changes have affected insolvency trends in the Central and Eastern Europe (CEE) region over the last two years. The COVID pandemic triggered an more

02.18.2021

The number of company insolvencies in Romania reached the lowest level of the last five years. In 2020, over 5,500 companies went insolvent, 13% fewer on the year, and the bulk of insolvencies were in more

01.04.2021

Insolvencies, the harshest index for companies after the 2008 economic crisis, reached the lowest level of the past decade, at the end of 2020, with only 5,600 firms filing for insolvency, 10% fewer more

03.30.2020

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03.05.2020

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02.06.2020

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12.27.2019

The number of companies that entered insolvency in the first 11 months of 2019 dropped 24.4% compared with the same period last year, to a total of 5,830, Trade Registry data showed Friday. more