Results 26 - 50 from 359 for "insolvency"
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Romelectro Files For Insolvency
01.17.2022
Romelectro, Romania’s largest energy project contractor, on Monday said it filed for insolvency proceedings in Bucharest Court on Friday (January 14). more
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Romania’s National Uranium Company Enters Insolvency
12.20.2021
On Tuesday (Dec 14), the Bucharest Court admitted the insolvency request of Romania’s National Uranium Company put in by Tinmar Energy, a firm held by businessman Augustin Oancea, according to more
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Santa Pharm Ends 2020 with RON34M Turnover, Up around 30% YOY
11.01.2021
Santa Pharm, a company controlled by brothers Atilla Santa and Nandor Santa, which in late 2017 took over Brasov-based Europharm drug factory, two years after GB’s GSK closed down the unit, ended more
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Niculae Balan Stays At Helm Of National Union Of Insolvency Practitioners In Romania
09.29.2021
The National Union of Insolvency Practitioners in Romania (UNPIR) has elected Niculae Balan for a new term as president, for a four-year period. more
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Former Cel.ro Online Store Operator Corsar Online Files for Insolvency
08.03.2021
Corsar Online, a company held by entrepreneur Tiberiu Pop, which has posted net losses in each of the past three years, with a peak of RON3.5 million in 2020, filed for insolvency on August 2, more
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Number of Insolvencies Rises 30% YoY in H1
07.28.2021
Almost 3,100 local companies went insolvent in the first half of 2021, over 30% more than in the year-ago period. 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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Ten Largest Companies to Go Insolvent in 2021 Posted Almost RON2B Revenue Last Year
06.25.2021
The ten largest companies in Romania to go insolvent in 2021 posted almost RON2 billion revenue last year and four of them even made profit. more
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Electricity Supplier Getica 95 Files for Insolvency
06.16.2021
Getica 95, the biggest local energy supplier on the competitive energy market, has filed for insolvency at the local court in Buzau on June 15. more
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Romcab Targu-Mures Expects To Exit Insolvency End-2021
04.13.2021
Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) expects to exit insolvency at the end of 2021, way before the deadline stipulated in the reorganization plan, considering that the more
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Liberty Galati Says It Has Adequate Funding for Current Needs
03.16.2021
Steel mill Liberty Galati said Tuesday it has the funds to cover the plant's current needs although the insolvency of investment fund Greensill, the main lender to its parent group, was 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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Three Companies with over RON100M Revenue, 2020’s Biggest Insolvencies
01.29.2021
Fast moving consumer goods distributor Bere Bauturi Bucuresti (whose customers included Heineken and Coca-Cola), Midocar (the first importer of Volkswagen and Audi in Romania) and wire maker Dan Steel more
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PwC: Corporate Insolvency, Restructuring Stay Low In CEE Since Onset Of Pandemic, Except For Romania, Czech Republic
12.09.2020
The number of corporate insolvencies and restructuring processes have stayed low in Central and Eastern Europe (CEE) since the onset of the COVID-19 pandemic, except for Romania, which saw an increase more
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Over 50 Romanian Plants Risk Losing Orders due to Problems of UK Fashion Brands
12.04.2020
Romania is one of the main European suppliers of the major British fashion brands Debenhams, Topshop, Dorothy Perkins and Wallis, which have announced store closures or filed for insolvency in the more
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Number of Insolvencies Skyrockets in June
08.24.2020
The number of insolvencies rose by up to 50% in June and July, compared with the year-ago period. more
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Oncos Group, Under Reorganization After Insolvency, Sees 40% Higher Turnover In 1H/2020
06.22.2020
Cluj-based Oncos Group, under reorganization after insolvency, reported a 40% higher turnover for the first half of 2020 and maintains its objective to reach a 75-own store chain in the region of more
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Harbor Operator Romcargo Maritim Exits Insolvency
06.11.2020
Harbor operator Romcargo Maritim has exited insolvency one year after entering the procedure and will develop its business lines starting with the reopening of a regular ferry line to Turkey and more
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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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Coface: Insolvencies In Romania At Decade-Low After 22% Annual Decline In 2019
02.19.2020
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Footwear Manufacturer Clujana Exits Insolvency
02.13.2020
Romanian footwear manufacturer Clujana, majority owned by the Cluj County Council, has exited insolvency after two years, during which time it managed to pay off RON16 million in debt. more
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KeysFin: Insolvencies in Romania Drop to All-Time Low in 2019
01.31.2020
Romania had the lowest number of insolvencies on record in 2019, 6,500, 27% fewer than in 2018 and 67% fewer than in 2009, while the number of active companies and authorized individuals reached a more
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Trade Register: Over 3,100 Firms In Romania Went Insolvent In Jan-Sept 2019
10.29.2019
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One Of H&M’s Oldest Suppliers in Romania, Ottorose Rom, Goes Insolvent
09.06.2019
Prahova-based Ottorose Rom company, one of the oldest suppliers of fashion retailer H&M in Romania, has filed for insolvency in 2019. This is one of the biggest insolvencies this year so far, more
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Three Top Builders in 2013 Now Insolvent
09.05.2019
Three builders in Romania, which six years ago had more than 1 billion lei (EUR211 million) revenue, are now insolvent, in a sector that has been fluctuating from one year to another. more