INSOLVENCY
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IT Solutions Integrator Romsys Goes Insolvent
Romsys, one of the largest actors of the local IT solutions market held by Austria’s New Frontier Holding, went insolvent at the end of March, according to a ruling of the Bucharest Court of...
Prospectiuni SA Goes Insolvent
Bucharest Court has admitted the insolvency request of Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), according to Euro Insol company, which was appointed judicial adminis...
Borza: All Indicators Of Energy Holding CE Oltenia Point To Its Insolvency
All indicators of Romanian state-run energy holding Complexul Energetic Oltenia point to insolvency, as the company faces huge losses and debts, but an insolvency process assumed in due time...
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...
Energy Holding CE Hunedoara Goes Insolvent, GMC Craiova Appointed Judicial Administrator
Hunedoara Court on Thursday admitted the insolvency request filed by state-run energy holding Complexul Energetic Hunedoara and appointed GMC SPRL Craiova as judicial administrator.
Energy Holding CE Hunedoara Files For Insolvency
The Board of Directors of state-run energy holding Complexul Energetic Hunedoara decided on Monday, after the working visit of Energy Minister Victor Grigorescu, to file for voluntary insolv...
Ambient Sibiu Enters Insolvency
Sibiu-based DIY retailer and construction material distributor Ambient received court approval Tuesday to enter insolvency.
Romania’s Trade, Constructions Sectors Make For 53% Of All Insolvencies
Companies on Romanian retail and wholesale trade as well as the constructions sectors account for 53% of all insolvencies on the local market.
Complexul Energetic Hunedoara May Enter Insolvency Anytime, Energy Minister Says
Romanian state-run energy holding Complexul Energetic Hunedoara may enter insolvency anytime, considering its difficult situation and the large number of insolvency requests, Energy Minister...