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Articles - companii

Romanian construction companies post highest insolvency risk in CEE, says Coface

The Romanian construction sector has the highest share of companies at risk for insolvency among CEE countries, with 50 percent of the firms presenting a high risk level in 2014, concluded a study by Coface of the construction sector in Romania. Twenty seven percent registered a medium risk, while 23 percent were in the low range.

Number of Romanian companies with foreign ownership on the rise in November 2015

Statistics from the National Trade Register Office show that Romanian companies with foreign ownership have been on the rise, increasing by 2.7 percent from January to November 2015, according to Agerpres.

Number of insolvencies drops by half in Romania

The number of local companies that entered insolvency dropped by 52% in the first eleven months of 2015 compared to the same period of 2014, from over 19,000 to about 9,500.

Bosch opens second business services centre

Bosch Service Solutions, a top-level supplier of business process outsourcing (BPO) services, opened a new business services centre in Timisoara on December 14, in order to back its continuous growth and development plans.

Over 60 pct of Romanian executives expect positive economic development for 2016

With most CEE companies casting an optimistic eye to next year’s economic situation, Romanian executives are among the most enthusiastic, as 63 percent of the respondents expect an improvement of the economic situation in 2016, according to the results of the KPMG survey “Pulse of Economy 2015”.

German group Bosch opens its second service center in western Romania

Bosch Service Solutions, a global provider of business services that is part of German group Bosch, opened its second service center in Timisoara, western Romania, on December 14.

Around 20pc of companies invested in boosting employees’ efficiency and productivity

Approximately 20pc of Romanian companies have invested this year over 100,000 Euros towards boosting the efficiency and productivity of their employees, other 20pc of companies have spent amounts ranging between 10,000 – 50,000 Euros and 60pc have invested less than 10,000 Euros in special programs for employees, a recent survey on the topic reveals.

Insolvency declined 52 percent in the first 10 months of 2015

The number of companies undergoing insolvency procedures in Romania declined 52 percent in the first 10 months of 2015, but write-offs were up 9 percent, business suspensions 6 percent and dissolutions 41 percent, according to official data with the National Companies Registry Office (ONRC).

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