INSOLVENCY
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Energy Trader Transenergo Files For Insolvency
Electricity and natural gas supplier Transenergo, one of the largest energy traders on the Romanian market, filed for insolvency on January 17, 2017, according to the data on the website of...
Energy Holding CE Hunedoara Files For Insolvency Again
State-run energy holding CE Hunedoara has filed for insolvency again, proposing a new judicial administrator, after Alba Iulia Court of Appeals rejected a similar request on November 8.
Court Rejects Insolvency Request Of Energy Holding CE Hunedoara
The Alba Iulia Court of Appeals on Tuesday rejected the request for opening the general insolvency procedure for state-run energy holding Complexul Energetic Hunedoara (CEH), which had been...
Oil Refinery RAFO Onesti Goes Insolvent
The court has admitted the insolvency request filed by oil refinery RAFO Onesti, while Transilvania Insolvency House was appointed as temporary judicial administrator.
Medicine Distributor Polisano Goes Insolvent
Polisano, the fifth medicine distributor on the Romanian market, went insolvent following the decision of Sibiu Court on September 22, while BDO Business Restructuring was temporarily appoin...
Electricity And Thermal Power Producer ELCEN Goes Insolvent
Bucharest Court on Thursday admitted the insolvency request filed by state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN); KPMG Restructuring was appointed as t...
The Winter Of Romania’s Energy System
Anyone looking for some scrap iron from the bankrupt Romanian Authority for Nuclear Activities (RAAN) can come bid at 2.30 p.m. on Thursday.
Ten Largest Companies To Go Insolvent In 2011-2015 Had RON8.5B Revenue
The ten largest companies that went insolvent in 2011-2015 posted 8.5 billion lei (EUR1.9 billion) revenue and had 12,600 employees in the year before filing for insolvency.
Electricity And Thermal Power Producer ELCEN Files For Insolvency
The Board of Directors of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) decided to file for insolvency on Thursday, due to the financial situation of the...