The company requested protection under the bankruptcy law in June and a local court sustained its claim on September 10.
According to Trade registry data, Tarata is the sole associate in the firm.
Companies
TCE 3 Brazi Declared Bankrupt
TCE 3 Brazi, owned by politician Culita Tarata, which made a profit of EUR50 million in the past six years but also amassed debts of EUR30 million, has been declared bankrupt.