EXIT
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City Insurance Exits Financial Recovery Procedure
Romania’s Financial Supervisory Authority (ASF) on Thursday said it decided to close the financial recovery procedure for insurance company City Insurance, after the latter increased its cap...
Meat Processor Elit Cugir About To Exit Reorganization
Meat processor Elit Cugir of Romanian entrepreneur Dorin Mateiu, which went insolvent in 2014, is about to complete reorganization and meets all criteria to return to business as usual.
Rail Transport Operator Servtrans Invest Exits Insolvency
The Bucharest Court decided on September 9 to close the judicial reorganization procedure at rail transport operator Servtrans Invest S.A, following a request submitted by judicial administr...
Hidroelectrica Exits Insolvency After Four Years
The Bucharest Court on Tuesday ruled on the exit from insolvency of Romania’s state-owned hydropower producer Hidroelectrica after a four-year insolvency process during which the company’s p...
Global Finance Close To TotalSoft Exit
TotalSoft needs a strategic investor that would sustain its fast development process. Strategic companies are involved in the buying process, interested in acquiring the majority share packa...
Dinu Malacopol, CEO Digital Cable Systems: AKTA Gets Ready For Exit
AKTA still has an aggressive investment strategy, it has financing for 2015/2016 and after this period there will be talks about a potential exit expected to lure many potential investors, D...
Lazar, Ged Capital: 2016 Will Be A Year Of Exits For Investment Funds
Spanish-held private equity firm GED Capital, whose capitalization stands at EUR150 million, is looking at new acquisitions in the IT, tourism and energy sectors, but is also considering pot...
Zentiva’s Shares Down 3% After BET-XT Exit Announcement
The shares of Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, decreased 3% on the Bucharest Stock Exchange since September 1 announcement on the company’s shares...
Tiriac Won’t Exit Allianz-Tiriac And Metro Cash & Carry
Businessman Ion Tiriac says he has no intention of exiting Metro Cash & Carry and Allianz Tiriac after having sold his stake in UniCredit Bank, because with the bank the decision was made te...