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Coface Study: Insolvencies in Romania down by 13% in 2020 compared to 2019

In 2020, 5,564 new insolvency proceedings were opened, with -13% below the level registered in the previous year, reads the latest study by Coface Romania. Last year also reported the minimums of the last decade in terms of payment incidents (only RON 2.2 billion, -29% vs. 2019) and the regeneration ratio (OUT: IN = 1.19) […]