Instant Factoring survey: Company liquidity, a major issue for Romanian small business owners. Microenterprises had a debt ratio of 73% in 2018

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Microenterprises in Romania have difficulty in maintaining a positive financial status. At an industry level, their debt ratio reached 73%, and the higher impact was on companies with a turnover lower than EUR 50,000, thus reaching 81%. The retail ratio is of 90%, while the most capitalized companies are the…

The post Instant Factoring survey: Company liquidity, a major issue for Romanian small business owners. Microenterprises had a debt ratio of 73% in 2018 appeared first on Nine O' Clock.

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Up to 400 UiPath unicorn company facing layoffs

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Some 400 employees of Romanian unicorn UiPath are facing layoffs which would impact business areas which are not aligned to the main focus of the company, an UiPath spokesperson told Romanian website StartupCafe.ro. He thus reacted to information first published in international media that the company is about to fire personnel.
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Up to 400 employees of UiPath unicorn company facing layoffs

Date:
Some 400 employees of Romanian unicorn UiPath are facing layoffs which would impact business areas which are not aligned to the main focus of the company, an UiPath spokesperson told Romanian website StartupCafe.ro. He thus reacted to information first published in international media that the company is about to fire personnel.
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