INSOLVENCY
361 articole · RSS
Getica 95 Reports 25% Higher Turnover, Of RON1.9B, For 2021
Energy supplier Getica 95, held by businessman Viorel Tudose, ended 2021 with a turnover of RON1.9 billion, up 25% from RON1.5 billion in 2020.
TMUCB Exits Insolvency After Eight Years
Trustul de Montaj Utilaj Chimic București (TMUCB) - Bucharest Chemical Equipment Assembly Trust - one of the oldest privately-held Romanian companies and one of the largest companies in the...
Almost 700 Builders In Romania Fell Into Insolvency or Went Bankrupt in 2021
Almost 700 construction companies in Romania entered insolvency or bankruptcy in 2021, in line with Trade Registry data.
Romelectro Files For Insolvency
Romelectro, Romania’s largest energy project contractor, on Monday said it filed for insolvency proceedings in Bucharest Court on Friday (January 14).
Romania’s National Uranium Company Enters Insolvency
On Tuesday (Dec 14), the Bucharest Court admitted the insolvency request of Romania’s National Uranium Company put in by Tinmar Energy, a firm held by businessman Augustin Oancea, according...
Santa Pharm Ends 2020 with RON34M Turnover, Up around 30% YOY
Santa Pharm, a company controlled by brothers Atilla Santa and Nandor Santa, which in late 2017 took over Brasov-based Europharm drug factory, two years after GB’s GSK closed down the unit,...
Coface: Number of Insolvencies in Romania Up 23% in H1
There were 3,033 new insolvency cases in the first half of 2021, an increase of 23% on the year-ago period, a study by Coface Romania shows. The number of insolvency cases started in the fir...
Former Cel.ro Online Store Operator Corsar Online Files for Insolvency
Corsar Online, a company held by entrepreneur Tiberiu Pop, which has posted net losses in each of the past three years, with a peak of RON3.5 million in 2020, filed for insolvency on August...
Number of Insolvencies Rises 30% YoY in H1
Almost 3,100 local companies went insolvent in the first half of 2021, over 30% more than in the year-ago period.