INSOLVENCY
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Raiko Transilvania Enters Insolvency Following Court Ruling
Rainwater and Roofing Systems Producer Raiko Transilvania (stock symbol: RKOT) has announced in a stock market report on Dec. 9 that it has entered insolvency proceedings following a ruling...
Furniture Maker Taparo Goes Insolvent
Taparo, a Maramures-based furniture manufacturer, has entered insolvency, in line with a decision by Maramures Tribunal.
Casa Rusu Stores Go Insolvent As Founders Seek To Save Furniture Manufacturing Operations Of Rus Savitar
Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The d...
Te-Rox Prod Enters Into Insolvency
Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over...
Meat Processor Angst Goes Insolvent
Meat processor Angst Ro, held by the Minea family, has gone insolvent, data on the Bucharest Court of Law website show.
Coface: Insolvencies In Romana Flat At 6,650 In 2023
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania sur...
Online Retailer Elefant Files For Insolvency
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing int...
State-Run Romaero Files For Insolvency With Bucharest Court Of Law
Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Friday notified the Bucharest Stock Exchange that it decided to file for insolvenc...
Star Storage Files For Insolvency To Restructure Debt Accumulated During Pandemic
Star Storage, a provider of cloud services and IT infrastructure, document digitization and automation, has announced it filed for insolvency in order “to restructure the debts accumulated d...