Results 326 - 350 from 354 for "insolvency"
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Court Postpones Ruling On Tnuva Romania Insolvency
01.11.2012
Dairy maker Tnuva Romania’s bid for insolvency was postponed Tuesday, and the court will rule in the matter on February 21, a deadline by which the company may be foreclosed for debts worth more more
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Tnuva Romania Files For Insolvency
01.10.2012
Dairy maker Tnuva Romania, part of Israeli group Tnuva, filed for insolvency on January 6, reportedly because of piling up losses. more
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Banks And Insolvency Firms Bring Foreclosed Properties Valued At EUR36M Under The Hammer
01.06.2012
Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more
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Fornetti Story: From EUR40 Million Sales To Insolvency
12.16.2011
About a decade ago, pastry shop chain Fornetti, the largest network of pastry kiosks in Romania (1,100) entered the local market. A week ago, the chain filed for insolvency under the pressure of loans more
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Dairy Maker Prodlacta Brasov Enters Insolvency
12.12.2011
Romanian dairy maker Prodlacta Brasov (PRAE.RO) has entered into insolvency proceedings after a local court approved in November the request filed by the company’s legal administrators. more
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Trade Registry: Companies With A Total RON12.7B In Sales Went Insolvent In Jan-Oct
11.28.2011
Companies that went insolvent in Romania by the end of October this year have a cumulated turnover of 12.7 billion lei (some EUR3 billion), compared to RON15.7 billion in the same interval of the more
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Trade Registry: Company Insolvencies Down 10% In Jan-Oct
11.16.2011
Romania's Trade Registry Thursday said 15,767 companies filed for insolvency in the first 10 months of 2011, down 10% from 17,484 companies in the same period a year earlier. more
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The Bridge Bank, An Invention That Could See The Government Spend Money To Save Failed Banks
11.11.2011
The bridge bank – the latest concept of financial institution to be launched on the Romanian market – is a lending institution that could appear on the market when the National Bank of Romania more
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The Story Of The Biggest Insolvency In Real Estate
11.10.2011
In 2007, developers of the Asmita Gardens in Bucharest sold one apartment per day, although the seven towers were not finalized yet. However, in the last seven months, with the blocks finalized and more
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Asmita Gardens Dubbed Insolvent At Alpha Bank's Request
11.09.2011
The Bucharest court on Monday approved an insolvency claim filed by Alpha Bank against the developer of Asmita Gardens, one of Bucharest’s largest residential compounds. more
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Entrepreneurs Still Cling To Pre-Crisis Prices, Say Investment Bankers
11.02.2011
Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and investors more
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Romania Will See More Reorganizations Than Bankruptcies In 2012 - Liquidator
10.18.2011
Insolvency claims by companies will continue in 2012, but judicial reorganizations will outweigh bankruptcies, Tuesday said Rudolf Paul Vizental, senior partner within liquidator Casa de Insolventa more
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Alpha Bank Requests Asmita Gardens’ Insolvency
10.13.2011
The Asmita Gardens project in Bucharest, the most expensive residential complex built by a private investor on the local market, might go insolvent as requested by Greek lender Alpha Bank, which lent more
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Realitatea Media Files For Insolvency
09.05.2011
Media group Realitatea Media, owned by businessman Elan Schwartzenberg, filed for insolvency on September 2 and the Bucharest Court will analyze the request on September 7, according to the court’ more
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Trade Registry: Company Insolvencies Down 4% In Jan-July
08.11.2011
Romania's Trade Registry Thursday said 12,703 companies filed for insolvency in the first seven months of 2011, down 4% from 13,183 companies in the same period a year earlier. more
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Trade Registry: Nearly 11,000 Companies Went Belly Up In 1H
07.13.2011
Romania's Trade Registry Wednesday said 10,979 companies filed for insolvency in the first half of 2011, down 2% from 11,221 companies in the same period a year earlier. more
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Corporate Insolvency Market Affected By Insufficient Funds - CITR
07.11.2011
As many as 96% of Romanian insolvent companies end up declaring bankruptcy due to fund shortage from creditors to cover procedure costs and reduced refinancing possibilities, according to Transylvania more
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UniCredit Asks For Avrig 35's Insolvency
07.08.2011
UniCredit Tiriac Bank has filed a petition requesting the insolvency of Avrig 35 and Avrig Asset Management, after having lent them more than EUR70 million over time for real estate projects initiated more
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DHL Romania Requests Blue Air's Insolvency
06.24.2011
DHL International Romania has asked the Bucharest Court to start insolvency procedures against low-cost airline Blue Air to recover some debts, and the trial will start in October. more
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Court Approves Mexxem's Reorganization Plan
06.08.2011
The reorganization plan for insolvent Mexxem, owner of the Stone Creek stores, has been approved in court and will be implemented this month, Wednesday said liquidator Casa de Insolventa Transilvania, more
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Furniture Plant Where Dan Sucu Holds Minority Stake Goes Bankrupt
06.07.2011
Targu-Mures-based furniture maker Ilefor, where businessman Dan Sucu holds a minority stake, was dubbed insolvent and has liquidator RVA Mures Insolvency Specialists as court-appointed administrator. more
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Atlas, Romtelecom’s First Rival, Goes Insolvent On EUR70M Debt
06.07.2011
Atlas Telecom Network, the first company that competed with Romtelecom on the landline market in 2003, after liberalization, has gone insolvent after it accumulated over EUR70 million in debt and the more
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Ambient: Insolvency Was An Option, But We Didn't Take It
06.06.2011
Ambient Sibiu, one of the biggest Romanian businesses in retail and distribution of construction materials, even considered insolvency following the collapse of sales and the losses it posted in 2009, more
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GHCL Upsom Dubbed Insolvent For EUR14M Debt To Romgaz
06.03.2011
The Alba court allowed Thursday the insolvency claim filed by state-owned gas distributor Romgaz against chemical plant GHCL Upsom Ocna Mures (UPS.RO). more
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All Employees Of Burci's Plants Temporarily Laid Off
05.17.2011
All 2,000 employees of Astra Vagoane Arad, Meva and Romvag plants, undergoing insolvency proceedings, were temporarily laid off almost two weeks ago, as the companies controlled by Cristian Burci have more