The assets are located near Bucharest, and the debt claimed by Remco stems from a building constructed in 2007.

Remco delivered a 16,000-sqm building to Spicul in 2007, to be used as a plant. The structure is included on a property with a surface of 24,891 sqm, which also includes several plots and buildings owned by Spicul.

“Remco stands to collect RON785,161.79 from Spicul, added with interest and legal expenses,” the constructor said in a news release.

Remco Romania is the local unit of Dutch Remco Ruimtebouw.