CITR
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CITR: Companies In Industrial Sector On Top Of Insolvencies In January-August
Industrial sector ranks first among the economic sectors affected by insolvency in January-August 2016, accounting for approximately 45% of the total insolvencies registered countrywide, acc...
CITR: Insolvency Numbers In Agriculture Sector Up 34-Fold In 1H/2016
The Romanian agriculture sector was highly affected by insolvency in the first six months of 2016, as the number of companies with major impact on economy that went insolvent rose 34-fold fr...
Insolvency Practitioner CITR Acquires Five SPRL
Five SPRL, a leading company on the mergers and acquisitions (M&A) market, was taken over by insolvency practitioner Casa de Insolventa Transilvania (CITR), according to an announcement of C...
CITR: Romania Insolvency Numbers Fell 9% In January-May
The number of companies with impact on economy that went insolvent in Romania in the first five months of 2016 dropped by 9% compared with the same period a year earlier, from 104 to 95, acc...
CITR: Over 50% Of Companies With Impact On Romanian Economy Face Difficulties
Over half of the companies with impact on the economy are facing difficulties, while Romania continues to rank first by the number of insolvencies per 1,000 active companies, according to a...
CITR Recovered Nearly EUR200M For Creditors In Last 3 Years
Insolvency practitioner Casa de Insolventa Transilvania (CITR) has recovered and distributed nearly EUR200 million towards the creditors of companies in its portfolio, over the last three ye...
CITR: Number Of Insolvencies Halved, But More And More Firms Still Affected
The number of companies that went insolvent in Romania over the last year is decreasing, but their impact on the economy is more important through the domino effect created, according to an...
Insolvency Practitioner CITR Sold Assets Of EUR50M This Year
Insolvency practitioner Casa de Insolventa Transilvania (CITR) sold assets totaling EUR50 million this year and included residential, industrial, office projects and land.
CITR Partners Set Up CITR Group
Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) will be rebranded into CITR, and will be part of CITR Group, a group of companies specializing in personalized solutio...