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creditors

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Damen Shipyards Mangalia Creditors Set to Meet on April 6 to Approve Reorganization Plan
Companies

Damen Shipyards Mangalia Creditors Set to Meet on April 6 to Approve Reorganization Plan

April 6 is the new date the meeting of Damen Shipyards Mangalia has been reconvened on for the approval of the reorganization plan.

Mirabela Tiron · 31.03.2026 · 11:17 · 1 min
Petal Husi Submits Preventive Concordat Plan, Enters Negotiations With Creditors
Companies

Petal Husi Submits Preventive Concordat Plan, Enters Negotiations With Creditors

Petal Husi (stock symbol PETY), which desigs and manufactures oilfield equipment, industrial valves and fittings, has submitted a preventive concordat plan within the procedure approved by t...

Ecaterina Craciun · 09.01.2026 · 21:05 · 1 min
Restructuring Plan Of Steel Plant Liberty Galati Approved by Creditors And Confirmed By Galati Court
Companies

Restructuring Plan Of Steel Plant Liberty Galati Approved by Creditors And Confirmed By Galati Court

The restructuring plan of steel plant Liberty Galati was officially approved by creditors and confirmed by the Galați Court in early August 2025.

Ecaterina Craciun · 04.08.2025 · 14:48 · 3 min
Creditors File EUR1,8B Worth Of Claims Against Bankrupt Insurer City Insurance
Banks-Insurance

Creditors File EUR1,8B Worth Of Claims Against Bankrupt Insurer City Insurance

About 1,600 creditors of Romanian bankrupt insurer City Insurance, formerly the market leader with a 43% market share, have filed requests to recover a total amount of RON9 billion (EUR1.8 b...

Ecaterina Craciun · 03.05.2022 · 18:51 · 1 min
Creditors Of Insolvent Romcab Approve Reorganization Plan
Companies

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...

Ecaterina Craciun · 28.12.2020 · 21:05 · 1 min
CITR Recovered Nearly EUR200M For Creditors In Last 3 Years
Companies

CITR Recovered Nearly EUR200M For Creditors In Last 3 Years

Insolvency practitioner Casa de Insolventa Transilvania (CITR) has recovered and distributed nearly EUR200 million towards the creditors of companies in its portfolio, over the last three ye...

Ecaterina Craciun · 09.02.2016 · 14:14 · 1 min
Bucharest’s Residential Compound Ibiza Sol May Be Put Up For Sale For EUR33.3M
Banks-Insurance

Bucharest’s Residential Compound Ibiza Sol May Be Put Up For Sale For EUR33.3M

Creditors approved the reorganization plan of residential compound Ibiza Sol, which states two action plans, including selling the complex for EUR33.3 million, firm Euro Insol, the court-app...

Ioana Tudor · 17.10.2013 · 12:34 · 1 min
Bakery Firm Spicul Pushed Into Bankruptcy; Majority Shareholder To File Appeal
Companies

Bakery Firm Spicul Pushed Into Bankruptcy; Majority Shareholder To File Appeal

Creditors of bakery company Spicul Bucuresti, which has been insolvent for almost two years, Thursday rejected the reorganization plans submitted by legal administrator PwC and majority shar...

Ecaterina Craciun · 02.08.2013 · 07:35 · 2 min