INSOLVENCY
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Court Approves Frigoexpres Reorganization Plan
Oradea-based freight shipping company Frigoexpres, which went insolvent in August 2013, has had its reorganization plan approved in court.
Casablanca Project In Bucharest Enters Insolvency
The developer that planned to build around 1,200 homes in the Casablanca Residence project in Bucharest has entered insolvency, at the request of lender Alpha Bank.
Meat Processor Elit Cugir Enters Insolvency
Meat processor Elit Cugir, based in Alba county, one of the largest players in the local industry, with a turnover of EUR72 million last year, has entered insolvency, according to a ruling t...
Bucharest Court Admits Tehnologica Radion’s Insolvency Request
Bucharest Court admitted the insolvency request of Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, was placed under preventive arrest in August.
CFR Marfa Maintenance And Repair Division Enters Insolvency
CFR IRLU, the maintenance and repair division of Romania's state-owned freight railway carrier CFR Marfa, has entered insolvency.
Coface: Road Transporters Prone To Insolvency
Road transporters face fragile liquidity and are very exposed to negative shocks such as non-payment of receivables or declining sales, according to Coface Romania estimates.
Construction Company Tehnologica Radion Files For Insolvency
Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, was placed under preventive arrest in August, has filed for insolvency at Bucharest Court.
Coface: Insolvencies Down 10% In 1H
The number of insolvency procedures opened in the first half of 2014 in Romania dropped by around 10%, to 12,453 procedures, affecting constructions, the textile, extracting and steel indust...
CFR Marfa Maintenance And Repair Division Seeks Insolvency
CFR IRLU, the maintenance and repair division of Romania's state-owned freight railway carrier CFR Marfa, filed for insolvency last week.