BANKRUPTCY
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Bilbor Mineral Water Goes Bankrupt
Romanian Bilbor Mineral Water, the producer of mineral water Bilbor, went bankrupt nearly one year after filing for insolvency.
Bucharest Court Of Appeals Rules On Astra Asigurari Bankruptcy
Bucharest Court Of Appeals on Friday ruled irrevocably on the bankruptcy of insurance company Astra Asigurari, eight months after the Financial Supervisory Authority ASF asked for the insure...
KeysFin: Number Of Bankrupt Companies Up 37% In 2015
The number of bankrupt companies rose by over 2,000 companies (37%) in 2015, to nearly 7,450 companies, according to a KeysFin study.
Meat Processor Doly-Com Goes Bankrupt
Doly-Com, one of the most important meat processors in Romania, has gone bankrupt at the request of its court appointed trustee less than six months after filing for insolvency.
CTP Invest In Talks To Buy Bankrupt Swan Office Complex
Czech Republic’s CTP Invest, one of the most active companies on the Romanian property market, is eyeing the Swan Office & Technology Park in Pipera-Tunari north of Bucharest.
Romania’s Administration For Nuclear Activities RAAN Goes Bankrupt
Mehedinti court on Thursday ruled the bankruptcy of Romania’s Autonomous Administration for Nuclear Activities (RAAN), while Euro Insol, Hidroelectrica’s judicial administrator, was proposed...
Energy Minister Asks CE Hunedoara Management To Take Measures To Avoid Bankruptcy
Energy Minister Victor Grigorescu, who is paying a working visit to state-run energy holding Complexul Energetic Hunedoara on Monday, said the company’s situation is “disastrous” and asked t...
Bucharest Court Postpones Astra Bankruptcy Suit
Bucharest Court on Monday decided to postpone the suit on the bankruptcy of insurer Astra Asigurari, requested by Romania's Financial Supervisory Authority ASF after the company failed to ra...
Astra Asigurari Has Only RON3.5M In Its Accounts After 18 Months Of Special Administration
Astra Asigurari, a company the Financial Supervisory Authority (ASF) decided had no solution for other than bankruptcy, only has 3.5 million lei (almost EUR790,000) in its accounts compared...