Factoring market reports record 30-pct in 2022, operations of EUR 7.85 billion
Publicat:Romania's factoring market reported a record growth of 30% y-o-y, to about 7.85 euros, including 6.78 billion euros of domestic factoring operations, a 34% increase from 2022, reveals an annual market survey carried out by the Romanian Factoring Association (ARF).
In terms of the turnover of the companies that accessed funds by factoring, the shares remain almost relatively stable from last year, meaning companies with a turnover in excess of 50 million euros make up 41% of the total volume of factoring receivables, while companies with a business figure between 5 and 50 million euros make up…
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