INSOLVENCY
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Bucharest Tribunal Dismisses Petition to Open Insolvency Proceedings Filed against Impetum Investments
Bucharest Tribunal on October 5 dismissed as unfounded the petition to open insolvency proceedings filed in June against Impetum Investment, a holding that finances private equity and venture capital funds and has two bond issues listed on the AeRO market of B...
STB Enters Insolvency with over RON1.5B Debts
Societatea de Transport Bucuresti (STB) SA, the company securing surface public transport in Bucharest, with RON1.8 billion turnover and 9,700 employees last year, will enter insolvency.
CITR: Number Of Insolvencies Among Companies With Over EUR4M Assets Up Almost Tenfold In Q1, 2026
The number of large companies that went insolvent rose sharply in the first quarter of 2026, which shows the economic pressure had been spreading in the economy, according to a report by CIT...
Coface: Insolvencies In Romania Up 3.8% In 2025
The total number of insolvencies in Central and Eastern Europe stabilized in 2025, rising by merely 0.26%, but trends varied significantly from country to country, according to Coface’s late...
Certinvest Management Solutions Enters Insolvency, Braces For Restructuring
The company SC Certinvest Management Solutions SA has entered insolvency proceedings under the protection of Law 85/2014 on insolvency procedures, following requests submitted by several cre...
RisCo: Number Of New Insolvency Cases Up Almost 60% In Romania In February
The number of insolvency cases rose by almost 60% in Romania in February compared with January, from 500 cases opened to over 800 cases, with most new insolvencies occurring in Bucharest, da...
Vivre Exits Insolvency After Non-Final Judgement
Bucharest Stock Exchange on Friday suspended the bonds of Vivre Deco from trading, after the company announced a non-final judgement about the closing of its insolvency procedure.
Tricomserv Files For Insolvency
Tricomserv, a Romanian company specializing in industrial production and manufacture of equipment for water supply and sewage systems, has announced it is filing for insolvency, citing lack...
Coface: Number Of New Insolvencies Down 2% To 4,561 In January-August 2025
A total of 4,561 new insolvency proceedings were opened in Romania in January-August 2025, 2% fewer than the 4,657 in the same time in 2024, as per the latest survey conducted by Coface Roma...