BANKRUPTCY
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State-Owned Giant CFR Marfa Files for Bankruptcy in Court
State-owned railway freight carrier giant CFR Marfa has filed for bankruptcy in court, with the solution set to be formulated on May 28, in line with portaljust.ro data.
Constanta Tribunal Orders Damen Shipyards Mangalia Bankruptcy
Constanta Tribunal has ordered the initiation of bankruptcy proceedings for Damen Shipyards Mangalia and CITR (previously the court-appointed trustee) was appointed judicial liquidator set t...
Blue Air Goes Bankrupt, All Assets To Be Sold
Low-cost airline Blue Air has gone bankrupt, as neither its management nor its majority shareholder, the Romanian government, managed to attract an investor, Infinexa, a Romanian entrepreneu...
Diverta Bookstore Chain Enters Bankruptcy
Blor Retail, the company that operated Diverta bookstore chain, has entered bankruptcy, four years after it had entered insolvency for the second time.
Taparo, One Of Romania’s Largest Furniture Exporters, Is On Verge Of Bankruptcy
Taparo, an entrepreneurial company that has been in the furniture business for 20 years, during which time it has distinguished itself as a major exporter and supplier to IKEA, is on the ver...
Bucharest Court Of Law Orders Start Of Bankruptcy Proceedings For UCM Resita
UCM Resita (UCM.RO), a company from which Hidroelectrica (H2O.RO) took over 40% of its assets via Uzina de Constructii Masini Hidroenergetice last year, on Wednesday notified the Bucharest S...
Builder P.A.B. Files For Bankruptcy
Arad-based builder P.A.B, held by the Sandu family, has filed for bankruptcy, according to a court case registered on September 10, 2024.
Dutch Group Damen Files Bankruptcy Petition for Damen Shipyard Mangalia
Dutch group Damen Shipyards, which owns 49% in Damen Shipyards Mangalia SA, has requested the bankruptcy of the shipyard amid accumulated debts, with the petition filed at the Constanta Trib...
COS Targoviste Starts Bankruptcy Procedures
Special steel producer COS Targoviste, a company managed by judicial liquidator Mastro SPRL, will officially launch bankruptcy procedures, in the wake of a court ruling of October 4.