Compagnie Française d'Assurance pour le Commerce Extérieur

Romania went up on the 3rd position from the 4th position in the Top 500 companies in Central and Eastern Europe - Coface CEE Top 500, with 61 companies, increasing from 56, this development being due to the expansion of consumption, County Manager of Coface Romania Eugen Anicescu told a news conference on Wednesday.

The number of commercial companies and authorized individuals in insolvency increased by 17.38pct in the first four months of the year, compared to the same period of 2017, to 2,965, according to the data posted on the website of the National Office of Trade Registry (ONRC).

Bulgaria's rating is upgraded from B to A4, in a 2017 forecast of Coface the global trade credit insurer.

Bulgaria is one of six European countries whose assessment has been upgraded in the quarterly update to its assessment for 160 countries.

The recovery "is confirmed thanks to moderate growth and the continued consolidation of the banking sector there."