BANKRUPTCY
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Court Allows Start of Bankruptcy Procedures for Oltchim
Chemical plant Oltchim Ramnicu Valcea (OLT.RO) may start bankruptcy procedures, the local court ruled, upholding the request put in by judicial administrators ROMINSOLV and BDO Business Rest...
Chemical Plant Oltchim Opens Bankruptcy Procedures
The consortium of judicial administrators of insolvent chemical plant Oltchim Ramnicu Valcea has started bankruptcy procedures after the company's deadline to implement a reorganization plan...
Amonil Slobozia Goes Bankrupt
Energy producer Amonil Slobozia (AMO.RO) enters bankruptcy after the Ialomita Court approved Friday the request of judicial administrator Expert Insolvență S.P.R.L. - Filiala Bucuresti, the...
Petrolexportimport Enters Bankruptcy Procedure
Romanian fuels wholesaler Petrolexportimport (PEI.RO) will enter a simplified bankruptcy procedure, following approval by by the Bucharest Court, the company said Thursday.
Amicii Ice-Cream Producer Goes Bankrupt
Kubo Ice Cream, one of the largest ice-cream producers in Romania, which makes the Amicii ice-cream brand, entered bankruptcy nearly two years after going insolvent.
Almost Half Of Top 50 Entrepreneurial Companies In 2009 Are Insolvent Or Bankrupt
Only 28 of the 50 largest entrepreneurial companies in 2009, the year the crisis hit Romania’s economy, are still standing, and the other 22 are either insolvent, bankrupt or deregistered. T...
Study: Construction And Food Commerce Firms, Most Exposed To Risk Of Bankruptcy In 2017
Construction and food commerce firms in Romania are among the most exposed to the risk of bankruptcy in 2017, according to a study by KeysFin, provider of business information.
Carpatica Asig Goes Bankrupt
Romania’s Financial Supervisory Authority (ASF) on Wednesday asked for the start of bankruptcy proceedings for Romanian insurance company Carpatica Asig, a company with an annual turnover of...
ASF To Decide On Carpatica Asig Bankruptcy
Romania’s Financial Supervisory Authority (ASF) will decide Wednesday on the bankruptcy of Romanian insurance company Carpatica Asig, a company with an annual turnover of EUR130 million and...