RESTRUCTURING
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Life is Hard Exits Telecom Market, Undergoes Restructuring after RON20.6M Loss in 2025
Life is Hard, the first Romanian software company listed on the AeRO market of the Bucharest Stock Exchange, has kickstarted an extensive business model reshuffling process, which marks the company’s exit from the telecom market and an exclusive focus on digit...
Certinvest Management Solutions Enters Insolvency, Braces For Restructuring
The company SC Certinvest Management Solutions SA has entered insolvency proceedings under the protection of Law 85/2014 on insolvency procedures, following requests submitted by several cre...
CITR To Handle AAylex ONE Restructuring
CITR, the leader of the insolvency and restructuring market in Romania, is the administrator of AAylex ONE, a poultry producer majority-owned by Bogdan Stanca, which operates under the Cocor...
Liberty Galati Restructuring Plan Gets Last Minute Greenlight
The interministerial committee has granted the final sign-off for the restructuring plan envisaging the sale of assets in an international tender at Liberty Galati, the largest steel plant.
Cristian Rusu Wants to Bring Rus Savitar Back to Growth
Cristian Rusu, the entrepreneur who bought back Casa Rusu-Rus Savitar group from the investment fund Greenbridge to which he had sold it in 2019, says that since late last October, when he r...
Sierra Quadrant: Strong Demand Contraction Pushes Companies to Restructure. Number of Struggling Companies Likely to Top 150,000 in 2024
The quite gloomy economic outlooks at European level have raised the alarm level in the Romanian economy as well and part of large companies, particularly those with export operations, have...
Sphera Franchise Group Restructures Pizza Hut Operations In Romania To Return To Profit
Pizza Hut restaurant chain held by Sphera Franchise Group in Romania, which also holds the KFC and Taco Bell franchises, underwent a significant restructuring process in 2023 and 2024, which...
Sierra Quadrant: 3 Out of 5 Entrepreneurs Set to Restructure Businesses in 2024
A large part of companies in Romania, from micro-enterprises to large ones, will undergo a sizable business restructuring process in 2024 amid fiscal challenges and rising economic uncertain...
Quadra Invest Exports 95% of Output, Readies for Reshuffle
Quadra Invest, an upholstered furniture producer of Targoviste, Dambovita county, owned by Gijsbert Huijink, an entrepreneur with 20 years of experience in Romanian business, exports 95% of...