RECEIVABLE
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Altex Romania Takes Over EUR4.6M Vivre Deco Debt
Computer and electronics retailer Altex Romania has taken over EUR4.6 million debt of Vivre Deco together with all the guarantees from Banca Transilvania and therefore became a guaranteed creditor in the insolvency of the Romanian-held furniture and home décor...
Kruk Manages RON8.6B Worth Of Bad Debt
Polish-held debt collection specialist Kruk is managing about one million receivables worth 8.6 billion lei (almost EUR2 billion), 600,000 of which bank loans that may be worth up to 80% of...
Chimcomplex Fails To Buy Oltchim’s Debt To Electrica
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO), owned by businessman Stefan Vuza, has not bought the EUR150 million debt of chemical plant Oltchim Ramnicu-Valcea (OLT.RO) to state-ru...
Somaco Grup Prefabricate Ups Share Capital BY EUR5.3M
Construction materials maker Somaco Grup Prefabricate, owned by Oresa Ventures, has increased its share capital by 22.89 million lei (EUR5.3 million), to RON61.83 million, through the conver...
Ropharma Turns RON1.8M Receivable Into Stock
Shareholders of medicine wholesaler Ropharma Brasov (RPH.RO) decided to turn a 1.8 million lei (EUR423,240) receivable into shares within Ropharma Production, a company which it owns.
KRUK International 2010 Debt Management Services In Romania Top RON2B
Romania’s KRUK International, the local unit of Polish top debt collector KRUK, has processed total receivable worth over 2 billion lei (EUR1=RON4.091) in 2010, general manager Isabela Iacob...