“CITR Group, that will be established along with CITR rebranding and the launch of CIT Restructuring, is the first group of companies in Romania providing solutions for the companies with financial or economic issues, irrespective of the stage. Besides CITR and CIT Restructuring, CITR Group will also include CIT Resources, specialized in investment opportunities,” the company said in a statement.
The group will be coordinated by Andrei Cionca (photo) as CEO and the three companies of the group will operate independently, covering different needs. Cionca will also manage CIT Resources.
Insolvency practitioner CITR will be managed by a coordination council formed of the three coordinating partners, namely Andrei Cionca, Andreea Cionca-Anghelof and Vasile Godinca-Herlea.
CIT Restructuring, specialized in business restructuring besides insolvency, will be managed by Rudolf Vizental as CEO.