Results 151 - 175 from 354 for "insolvency"
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Meat Processor Elit Cugir Enters Insolvency
09.17.2014
Meat processor Elit Cugir, based in Alba county, one of the largest players in the local industry, with a turnover of EUR72 million last year, has entered insolvency, according to a ruling the Alba more
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Bucharest Court Admits Tehnologica Radion’s Insolvency Request
09.16.2014
Bucharest Court admitted the insolvency request of Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, was placed under preventive arrest in August. more
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CFR Marfa Maintenance And Repair Division Enters Insolvency
09.10.2014
CFR IRLU, the maintenance and repair division of Romania's state-owned freight railway carrier CFR Marfa, has entered insolvency. more
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Coface: Road Transporters Prone To Insolvency
09.10.2014
Road transporters face fragile liquidity and are very exposed to negative shocks such as non-payment of receivables or declining sales, according to Coface Romania estimates. more
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Construction Company Tehnologica Radion Files For Insolvency
09.09.2014
Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, was placed under preventive arrest in August, has filed for insolvency at Bucharest Court. more
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Coface: Insolvencies Down 10% In 1H
09.03.2014
The number of insolvency procedures opened in the first half of 2014 in Romania dropped by around 10%, to 12,453 procedures, affecting constructions, the textile, extracting and steel industries, more
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CFR Marfa Maintenance And Repair Division Seeks Insolvency
08.25.2014
CFR IRLU, the maintenance and repair division of Romania's state-owned freight railway carrier CFR Marfa, filed for insolvency last week. more
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Romania Insolvency Numbers Down 13.4% In January-July
08.25.2014
The number of companies that went insolvent in January-July this year was 13.37% lower than in the same period of 2013, the Trade Registry office said Monday. more
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Frigoexpres Ends H1 With RON21M Revenue
07.09.2014
Oradea-based freight shipping company Frigoexpres, which went insolvent last August, ended the first half of the year with 21 million lei (EUR4.8 million) revenue, down 36% in lei on the year-ago more
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Local Tax Authority Asks For Amonil Slobozia Insolvency
07.04.2014
The tax authority branch in Ialomita county has called for the start of insolvency procedures against Amonil Slobozia (AMO.RO), which owes RON5.5 million in taxes, the company said Friday in a more
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Closure Of Timisoara Hub Drives Carpatair Revenue Down 40%
06.25.2014
Carpatair, an airline gone insolvent early this year, posted 148 million lei (EUR33.7 million) revenue last year, down 40% on 2012, and RON26 million loss, according to the Finance Ministry website. more
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Trade Registry: Company Insolvencies Down 13.5% On Year In January-May
06.24.2014
Romania's Trade Registry on Tuesday said 11,030 companies filed for insolvency in the first five months of the year, down 13.5% from 12.747 companies in the year-earlier period. more
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ARB: Insolvent Companies Have Outstanding Arrears Of EUR25B
06.20.2014
Romanian insolvent companies owe an estimated EUR25 billion in overdue debt to the state, local banks and to other companies, the Romanian Banking Association, or ARB, said Friday. more
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Arad-based Industrial Park Cefin Put Up For Sale For EUR26M Debts
06.11.2014
The industrial park built in Arad (western Romania) in 2011 by Italian group Cefin has been put up for sale through direct negotiation by the legal administrator of the real estate developer which more
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Hidroelectrica’s Debts Narrowed By 64% Since June 2012
06.04.2014
The debts of Romania’s state-run hydropower company Hidroelectrica fell 64%, to RON1.54 billion, from RON4.33 billion in June 2012, when it first went insolvent. more
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Hidroelectrica's Legal Administrator Should Give Back Money For First Insolvency Process
06.03.2014
Energy Minister Razvan Nicolescu asked Remus Borza, Euro Insol legal administrator, to give back the EUR2.2 million received for managing Romania’s state-run hydropower company Hidroelectrica during more
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Hidroelectrica To End Insolvency Process In May-June 2015 - Administrator
05.28.2014
Romania’s state-run hydropower company Hidroelectrica will likely complete its second insolvency process in May or June next year, the company’s legal administrator Euro Insol said Wednesday. more
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Coface: Insolvencies Down 14% In 1Q, To 6,000 Open Procedures
05.14.2014
The number of insolvency procedures opened dropped by around 14%, to nearly 6,000 procedures, affecting mostly utilities, the extracting industry and constructions, according to Coface. more
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Hidroelectrica’s Supervisory Board Dissolved After Company Went Insolvent
04.23.2014
The supervisory board of Hidroelectrica, Romania’s largest energy producer that entered insolvency for the second time on February 25, has been dissolved, and none of the members appointed in early more
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Trade Registry: 1Q Company Insolvencies Down 10% On Year
04.17.2014
Romania's Trade Registry on Thursday said 6,800 companies filed for insolvency in the first three months of the year, down 9.75% from 7.535 companies in the year-earlier period. more
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Oncos Group Goes Insolvent
04.07.2014
Cluj-based poultry and bread producer Oncos group, with a 44-unit network, decided to enter insolvency, after having submitted a request in this respect to Cluj Court. more
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Alpha Bank: Romanian Banks Need Better Financial Discipline
04.02.2014
Alpha Bank Romania’s chief said Wednesday bankers need stronger financial discipline principles so feasible customers are not passed over because of the “unhealthy” practices of some companies more
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100 Largest Companies Going Insolvent In Past Year Had RON13B In Revenue And RON1.3B Losses
04.02.2014
Top Brands Distribution (TBD), a top player in the consumer goods industry, entered insolvency in March, thus raising the number of companies with revenues of more than EUR100 million that have more
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Top Brands Distribution Looking For New Clients, But Does Not Rule Out Bankruptcy
04.01.2014
Fast moving consumer goods distributor Top Brands Distribution, number two in its line of business in 2011, went insolvent after losing its sole client, cigarette producer Philip Morris. more
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Distributor Top Brands Enters Insolvency After Massive Drop In Turnover
03.31.2014
Top Brands Distribution, known for the distribution of cigarettes produced by Philip Morris Romania and of Mondelez (former Kraft Foods) products, has entered insolvency after its 2012 turnover more