REORGANIZATION PLAN
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Creditors Of Insolvent Romcab Approve Reorganization Plan
Creditors of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, approved the reorganization plan submitted and undertaken by the special administrator RTZ & Parteners SPRL, mandated by the ge...
Government Approves 5-Year Reorganization Plan for Posta Romana
Romania's government has approved a five-year plan to reorganize state-owned postal operator Posta Romana and render the company profitable, the ministry for information society said.
Oltchim Ramnicu-Valcea’s Judicial Reorganization Plan Extended By One Year
The execution time of the judicial reorganization plan of Romanian chemical plant Oltchim Ramnicu Valcea (OLT.RO) was extended by one year.
Oltchim Administrators To Present Reorganization Plan In February
The administrators of Romanian insolvent chemical company Oltchim SA (OLT.RO), RomInsolv and BDO Business Restructuring, will present the company’s reorganization plan in February, which wil...
Leonardo Considers Selling Assets, Stock And Tapping New Markets To Pay Off Debts
Romanian footwear retailer Leonardo, undergoing insolvency, plans to sell some of its assets or shares and to enter new markets to be able to pay off its debts to creditors, according to a p...
Vegetable Oil Producer Ultex To Be Sold To Moldova-based Trans Oil For EUR10.5M
The shareholders of Romanian insolvent vegetable oil producer Ultex Tandarei have changed the company’s reorganization plan in order to sell its assets to Moldova-based agri-industrial group...