Results 1 - 25 from 53 for "citr"
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CITR: Number Of Impact Companies Facing Imminent Insolvency Up 18% In 2024, To Over 8,190
10.08.2024
The number of impact companies in imminent insolvency increased by 18% in 2024, to 8,190, and the number of impact companies in difficulty reaches the highest level since 2013, as per an analysis by more
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CITR: We’ve Identified Non-Essential Assets Of Damen Shipyard Mangalia, Got Two Ship Repair Contracts
09.18.2024
CITR, the court-appointed trustee of Damen Shipyards Mangalia, has had repair contracts signed for two ships and identified the assets that are non-essential for the shipyard’s operation in view of more
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CITR: Over 3,600 Companies In Romania Went Insolvent In H1/2024, Nearly 6% More YoY
08.05.2024
More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six months of 2023 when a total of 3,401 company insolvencies were more
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CITR: Number Of Company Insolvencies In Romania Unchanged In 2023 vs 2022 Level, At 6,650 Firms
02.02.2024
The number of companies in Romania resorting to insolvency proceedings in 2023 remained unchanged compared to 2022 level, namely, at 6,650 firms, according to an analysis conducted by CITR, leader of more
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CITR: Coroana de Aur Hotel In Bistrita Sold For Nearly EUR3.5M
01.09.2024
CITR, as the judicial liquidator of Coroana de Aur Hotel, sold the hotel for EUR3.48 million + VAT, to the Moldovan brothers, the owners of the Jelna Winery. more
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CITR Sells Vegetable Oil Plant Mandra of Barlad for EUR1.8M
11.03.2023
Insolvency specialist CITR sold, in a tender, the agro-industrial assets of vegetable oil plant Mandra worth around RON8.96 million (around EUR1.8 million). more
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CITR: Number Of Insolvent Impact Companies In Romania Hits 11-Year High In 2022, At 6,949
10.19.2023
The number of companies facing imminent insolvency in Romania grew to 6.949 in 2022, the highest level of the last 11 years and more than double the level of 3.069 such companies recorded in 2015, as more
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CITR: Company Insolvencies In Romania Down 6.2% YoY To 3,290 In H1/2023
07.31.2023
The number of companies which became insolvent in Romania in the first half of 2023 decreased by 6.2% to 3,290 as compared to 3,510 in the same period of 2022, according to CITR, the main player in more
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CITR Announces Transfer Of Ownership Of Constanta-based CET Palas Thermal Power Plant To Romanian State
06.22.2023
CITR, the main player in the Romanian restructuring and insolvency market, has announced the transfer of Constanta-based CET Palas thermal power plant, owned by district heating company more
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CITR: 1,644 Companies In Romania Went Insolvent In Q1/2023, Similar To Q1/2022 Level
05.08.2023
A total 1,644 companies went insolvent in the first quarter of 2023, which is similar to the level recorded in the same period of 2022 when 1,610 insolvent companies were registered, as per an more
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CITR: Number Of Companies In Imminent Insolvency Drops 10% YoY In 2021 To 5,971
11.09.2022
The number of companies facing imminent insolvency decreased by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, at the onset of the coronavirus more
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Pilis Food Acquires The Only Mushroom Compost Plant In Romania
04.19.2022
Pilis Food, a company founded by Romanian entrepreneur Puiu Elisei, has acquired the local bankrupt mushroom compost plant East Champion Union Cooperativa Agricola. more
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Pambac Group Buys Vegetable Oil Producer Mandra Assets
03.28.2022
Insolvency specialist CITR has sold RON13.15 milion (more than EUR2.6 million) worth of agro-industrial assets to Cerealcom Bacau, a member of the agribusiness group Pambac, the company part of the more
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CITR Appoints Paul Dieter Cirlanaru As CEO
12.21.2021
Insolvency practitioner CITR, part of Impetum Group, has appointed Paul Dieter Cirlanaru to the position of Chief Executive Officer (CEO). more
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CITR Appointed Legal Administrator For Insolvent Compania Municipala Consolidari
07.07.2021
CITR, the leading insolvency practitioner in Romania, part of Impetum Group, was appointed by the Bucharest Court as judicial administrator of Compania Municipala Consolidari, upon a request by more
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CITR Appointed Legal Administrator for Bookstore Chain Diverta
06.29.2021
CITR, the leading insolvency practitioner in Romania, part of Impetum Group, has been appointed judicial administrator for the Diverta bookstore chain owned by businessman Octavian Radu, which more
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CITR: 7,000 Romanian Companies Owe Over RON1M Each to State Budget
03.03.2021
Over 7,000 Romanian companies owe more than RON1 million each to the state budget and are faced with a debt crisis on top of the pandemic crisis, according to a reports by CITR, the leading insolvency more
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CITR: 2020 Insolvencies Were Fewer but Had Bigger Impact
01.29.2021
Fiscal facilities and the closure of courts due to pandemic restrictions led to a 42% drop in high-impact companies that accessed insolvency, from 139 in 2019 to 80 in 2020), according to an analysis more
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ROMAERO Gets Second Bank Financing Worth A Total RON59M, In Less Than Three Months
09.16.2020
Upon accessing Government Ordinance no.6/2019 on restructuring state budget debts, Romanian aircraft parts maker Romaero (RORX.RO) gets a second bank financing worth RON14 million, over a 36-month more
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CITR: Companies In Romania Face Liquidity Crisis, Coronavirus-Led Crisis
06.02.2020
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CITR: Number Of Insolvent Impact Firms Down 32% To 139 In 2019, But Fixed Assets Value Up 25% To EUR1B
03.05.2020
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Insolvency Specialist CITR Seeks To Expand Abroad
03.05.2020
Insolvency specialist CITR seeks to expand on the international market in the next few months, and plans to get to Greece and Italy besides Cyprus where it already has a presence. more
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Companies CITR, ROCA, ROCA X Come Together Under Impetum Group
01.30.2020
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Vastint Seeks to Buy More Land in Romania, Considers Tutunul Romanesc Site
01.15.2020
Swedish developer Vastint, which built the Business Garden Bucharest office complex in the Orhideelor area and is now working on Timpuri Noi Square project, is considering new acquisitions on the more
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CITR: Sales Of Insolvent Firms’ Surplus Assets At EUR242M In Last Three Years
12.13.2019