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BANKRUPT

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Horváth & Partners: Some 150,000 Firms In Romania May Go Bankrupt Due To COVID-19 Crisis Over The Next Year
Companies

Horváth & Partners: Some 150,000 Firms In Romania May Go Bankrupt Due To COVID-19 Crisis Over The Next Year

Nearly 150,000 firms in Romania could go bankrupt due to the economic crisis caused by the COVID-19 pandemic over the next year, judging by the situation caused by the previous financial crisis of 2008-2009, but the negative impact could, however, be diminishe...

Ecaterina Craciun · 13.04.2020 · 13:35 · 1 min
Companies

Romavia Enters Bankruptcy

Romania's aviation company Romavia has been declared bankrupt, according to a decision issued earlier this month by the Ilfov Court.

Oana Gavrila · 25.08.2014 · 16:06 · 1 min
Bankrupt Swan Office Park Finds Two More Tenants
Real Estate

Bankrupt Swan Office Park Finds Two More Tenants

Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the las...

Loredana Frățilă-Cristescu · 05.03.2014 · 00:00 · 2 min
No Potential Buyer For Bankrupt PIC Retail Network
Retail&Consumer

No Potential Buyer For Bankrupt PIC Retail Network

No potential investor has expressed interest in buying bankrupt PIC retail network whose stores were put up for sale more than a year ago by the company’ judicial administrator Pricewaterhou...

Ecaterina Craciun · 09.07.2013 · 12:12 · 1 min
Minority Shareholder Of Bucharest Marriott Hotel Goes Bankrupt
Companies

Minority Shareholder Of Bucharest Marriott Hotel Goes Bankrupt

ONT Carpati, the company that owns 35% in Bucharest’s five-star hotel Marriott and four-star hotel New Montana in Sinaia, will go bankrupt, according to a decision taken Tuesday by sharehold...

Tudor Ioana Raluca · 28.11.2012 · 00:00 · 1 min