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CITR analysis: The year 2020 registered a lower number of insolvencies, but with a higher impact on the economy

CITR analysis: The year 2020 registered a lower number of insolvencies, but with a higher impact on the economy

The number of companies accessing insolvency nationwide has been steadily declining for seven years

Fiscal facilities and the closure of pandemic tribunals have reduced by 42% the number of impact companies that have accessed insolvency (from 139 in 2019 to 80 in 2020), according to an analysis made by CITR, the leader of the insolvency and restructuring market, part of Impetum Group.

For more information, please see the Romanian version of the article, here.

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