The consortium formed of Casa de Insolventa Transilvania and BDO Business Restructuring was appointed as judicial administrator.
Oncos group, with a 44-unit network, decided to enter insolvency in April 2014.
“Since the beginning of the business restructuring plan, one year ago, we have initiated several measures meant to boost the stability of Oncos business, the quality of products and the attractiveness of our business for potential investors (…), ” said Vasile Onaca, Oncos SA special administrator.
Established in 1991, Oncos group employs over 800 staff in its units in Cluj, Salaj, Mures and Bistrita-Nasaud counties.
The company also exports its products to Hungary, Italy, the Czech Republic, Slovakia, Cyprus, Bulgaria and Greece.