Romanian companies face stricter liquidity test as insolvencies increase
The rise in the number of insolvencies in Romania reflects a more demanding market and a natural selection of vulnerable companies, rather than the emergence of a generalised economic crisis, according to an analysis by Cătălin Guriță, lawyer and insolvency practitioner, founding partner of GMCID. Analysis by Cătălin Guriță, lawyer and insolvency practitioner, founding partner…

