Study: micro-enterprises are heavily-indebted

The level of indebtedness defined as total debt to total assets of the Romanian micro-enterprises reached 73%, according to a report by local financial services provider Instant Factoring. The most affected are the companies with a turnover of less than EUR 50,000, which have to deal with an indebtedness level of 81%. The indebtedness in the retail trade is 90%, while companies in the health sector and professional services are ...

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