09.11.2024

Arad-based builder P.A.B, held by the Sandu family, has filed for bankruptcy, according to a court case registered on September 10, 2024. more

06.25.2024

Fiber optic cable producer Romcab Targu Mures has announced Austrian group Meinhart Kabel Oestereich GmbH filed a bankruptcy request against the company with Mures Specialized Tribunal. more

05.30.2024

Dutch group Damen Shipyards, which owns 49% in Damen Shipyards Mangalia SA, has requested the bankruptcy of the shipyard amid accumulated debts, with the petition filed at the Constanta Tribunal. more

10.11.2023

Drilling company Dafora Medias (DFR.RO), included on the special list of companies under observation by the Bucharest Stock Exchange, said in a stock market report on Oct 10 that it would enter more

10.05.2022

Special steel producer COS Targoviste, a company managed by judicial liquidator Mastro SPRL, will officially launch bankruptcy procedures, in the wake of a court ruling of October 4. more

05.03.2022

About 1,600 creditors of Romanian bankrupt insurer City Insurance, formerly the market leader with a 43% market share, have filed requests to recover a total amount of RON9 billion (EUR1.8 billion), more

02.21.2022

Almost 700 construction companies in Romania entered insolvency or bankruptcy in 2021, in line with Trade Registry data. more

01.11.2022

Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) said in a stock market announcement on Tuesday that Valtecia Development, a company based in Targu-Mures and engrossed in buying and more

09.17.2021

Romania’s Financial Supervisory Authority (ASF) on Friday evening announced it would start bankruptcy proceedings against City Insurance, the largest auto liability (RCA) insurance provider in the more

07.01.2021

Special steel producer COS Targoviste (COS.RO) has entered bankruptcy after the local court overruled its reorganization plan proposed by creditor Alphard Financial. more

04.12.2021

Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) said in a stock market announcement on Monday that Valtecia Development, a company based in Targu-Mures and engrossed in buying and more

07.07.2020

CertAsig, an insurance company held by Royalton Capital Investors II, has entered bankruptcy following a definitive court ruling. more

03.12.2020

Transportation company edy International Spedition, the largest such company in Romania until 2011, went bankrupt officially in 2019, Trade Register data show. more

10.03.2019

The Pitesti Court of Appeals has overruled as unfounded Electrica's opposition to the opening of bankruptcy procedures for chemical plant Oltchim Ramnicu Valcea. The ruling is final. more

09.19.2019

Oil refinery RAFO Onesti, one of the largest companies in Romania's oil industry 20 years ago, has entered bankruptcy, according to a decision by the Bacau Court. more

06.24.2019

State-owned energy utility Electrica (EL.RO), a creditor of chemical plant Oltchim Ramnicu Valcea, has appealed the court decision allowing the chemical plant to start bankruptcy proceedings. more

05.10.2019

Chemical plant Oltchim Ramnicu Valcea (OLT.RO) may start bankruptcy procedures, the local court ruled, upholding the request put in by judicial administrators ROMINSOLV and BDO Business Restructuring. more

04.23.2019

The consortium of judicial administrators of insolvent chemical plant Oltchim Ramnicu Valcea has started bankruptcy procedures after the company's deadline to implement a reorganization plan expired. more

02.25.2019

Energy producer Amonil Slobozia (AMO.RO) enters bankruptcy after the Ialomita Court approved Friday the request of judicial administrator Expert Insolvenţă S.P.R.L. - Filiala Bucuresti, the company more

10.18.2018

Romanian fuels wholesaler Petrolexportimport (PEI.RO) will enter a simplified bankruptcy procedure, following approval by by the Bucharest Court, the company said Thursday. more

03.09.2018

Kubo Ice Cream, one of the largest ice-cream producers in Romania, which makes the Amicii ice-cream brand, entered bankruptcy nearly two years after going insolvent. more

04.06.2017

Only 28 of the 50 largest entrepreneurial companies in 2009, the year the crisis hit Romania’s economy, are still standing, and the other 22 are either insolvent, bankrupt or deregistered. This is more

01.30.2017

Construction and food commerce firms in Romania are among the most exposed to the risk of bankruptcy in 2017, according to a study by KeysFin, provider of business information. more

01.19.2017

Romania’s Competition Council head Bogdan Chiritoiu on Thursday said state-owned railway freight carrier CFR Marfa is in dire straits and at risk of bankruptcy if the European Commission deems its more

07.27.2016

Romania’s Financial Supervisory Authority (ASF) on Wednesday asked for the start of bankruptcy proceedings for Romanian insurance company Carpatica Asig, a company with an annual turnover of EUR130 more