The biggest market value, of EUR1.4 million, was attributed to the store located on Ion Brezoianu Street, the store on Soseaua Colentina was valued at EUR1.2 million, the unit on Soseaua Pantelimon at EUR274,000 and the one located on Regina Elisabeta Blvd at EUR549,000. The retail space on Soseaua Bucharest-Targoviste Roadway has a market value estimated at EUR154,600.

Infinexa representatives say the capitalization of assets will be made individually, via public tenders, at a rising price, starting with the value approved by creditors, respectively the market value of the capitalized assets. Tenders will be held starting with December 10, 2024.

Angst Ro SRL went insolvent on March 29, 2024, at the request of creditors Abatorul Peris and Primo Mix Food. Abatorul Peris is a business held by Jabbar Kanani, the founder of Agricover. 

Angst Ro SRL entered insolvency on March 29, 2024, at the request of creditors Abatorul Peris and Primo Mix Food. Abatorul Peris is a business held by Jabbar Kanani, the founder of Agricover. Abatorul Peris is one of the largest pork producers, with a RON343 million turnover in 2022. Primo Mix Food is held by local entrepreneurs, having as core activity the manufacturing of other food products.

The list of creditors also includes Monceanu Inocasings, Kemn Pack Srl, S.T. Management SRL, Directia Generala Impozite si Taxe Locale a Sectorului I (the General Division of Local Taxes and Duties of Bucharest’s district I), Marsal Production Group, Motorac­tive IFN S.A and Directia Generala Impozite si Taxe Locale a Sectorului 5 (the General Division of Local Taxes and Duties of Bucharest’s district 5).

Angst Ro is currently in the observation phase during which 80% of the company’s share capital was transferred to the company Domidene Com SRL to support the current activity.

Angst Ro posted RON60.4 million revenue in 2022 (latest available data), down about 20% from the previous year, and a net loss of RON6.3 million and had an average number of 173 employees, Finance Ministry data show.

Angst has a production facility in Buftea.

Subiecte #angst#INFINEXA Restructuring#STORES