Vivre, considered the first major default of the local corporate bond market, had gone insolvent in 2023 after failing to make payments to investors due to the fast-paced deterioration of its financial results.
According to a report to investors, the Bucharest Court of Law decided the closing of Vivre Deco S.A’s insolvency procedure in its ruling on December 11, 2025, after finding the company completed its reorganization plan. The ruling may be appealed within seven days from being receipt of notification about it.
(English version by Loredana Fratila-Cristescu)