Coface | Romania Feed

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.

The global economy seems to be settling into a regime of “stagflation” in the short term, where economic stagnation and rapid price rises coexist and, at the same time, the possibility of a global recession is becoming clearer, as per a Coface analysis.

Romania is represented with 56 companies, fewer by two firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2020 financial data, placing the country fourth in the region.

Romania is represented with 58 companies, fewer by three firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) by turnover in 2019, compiled by Coface rating agency, placing the country fourth in the region.