Privatization Authority To Take Over UCM Resita’ Debts To ANAF, Sell Its Assets

08.21.2013 By Ioana Tudor

Romania’s privatization authority AAAS will take over the debts of insolvent engine manufacturer UCM Resita (UCM.RO) to tax authority ANAF and will cede a part of the manufacturer’s assets through dation in payment or sell its operating assets.

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Keywords:
GOVERNMENT
, UCM RESITA
, DEBTS