INSOLVENCY
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GoCab Software Decides To Start Insolvency Proceedings
GoCab Software (CAB.RO), the operator of the GoCab taxi ordering service platform GoCab, has decided to start insolvency proceedings for judicial reorganization due to financial difficulties...
Five-Star Vega Hotel of Mamaia Files for Insolvency
Five-star Vega hotel of Mamaia, controlled by Constanta businessman Gabriel Comanescu, owner of GSP Offshore, has filed for insolvency.
Salad Box Operator Files for Insolvency
Just a week ago, the firm that operates Noodle Pack restaurants filed for insolvency. With over RON100 million turnover, it was one of the largest operators on the local hospitality market....
Operator Of Kenvelo, Lee Cooper And Timeout Stores Montecristo Retail RO SRL Goes Insolvent
Montecristo Retail RO SRL, which operates the Kenvelo, Lee Cooper and Timeout store chain in Romania, has gone insolvent, as decided by the Ilfov Court of Law.
Hidroserv Exits Insolvency After Nearly 9 Years
Hidroserv, a subsidiary of Romania’s biggest energy producer, Hidroelectrica, dedicated to maintenance and repair works on hydrotechnical infrastructure, has exited insolvency after almost n...
Techtex Enters Insolvency
Techtex SRL, a company specializing in technical textile production, part of Taparo group, one of the largest entrepreneurial businesses in the upholstered furniture sector, has entered inso...
Number Of Companies With Over EUR1M Assets Gone Insolvent Up 58% YoY In 2024
The number of companies that filed for insolvency in 2024 increased by more than 9% over 2023 and reached 7,274. Of them, 141 are companies likely to make an impact on the economy, with asse...
Online Furniture Retailer Somproduct Files For Insolvency
Somproduct, one of the largest online retailers of furniture and home décor in Romania, filed for insolvency at the end of last year. At the same time, Cadar Capital SRL, another company of...
Furniture Maker Taparo Lays Off 40% Of Employees
Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification about plans to fire 379 people or more than 4...