Results 201 - 225 from 354 for "insolvency"
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Alexandrion Founder: Romania's Insolvency Law Should Be Cancelled, Not Amended
12.19.2013
Nawaf Salameh, founder and CEO of spirits producer Alexandrion Grup Romania, thinks Romania's insolvency law is the biggest mistake the country has made over the past years. more
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Over 27,000 Companies In Romania Went Insolvent In 2013, 50% In Retail And Construction
12.17.2013
The number of companies that entered insolvency in Romania in January-November reached 27,119, 9% more than in the same period last year, and half of them operated in retail and construction, the more
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CITR: Number Of Insolvent Firms In Romania On The Rise, But Market Is Maturing
12.01.2013
The number of firms in Romania with more than EUR1 million in turnovers, which entered insolvency in 2013, has increased and the upward trend will maintain in 2014, according to Rudolf Vizental, more
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Era Shopping Park Oradea Enters Insolvency
11.28.2013
The Bucharest Court Wednesday approved the insolvency request filed by firm Omilos Oradea, which owns Era Shopping Park in Oradea. more
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Baxi Romania Enters Insolvency
11.22.2013
Thermal systems supplier Baxi Romania, part of Dutch-registered group BDR Thermea, has entered insolvency after the Ilfov Court approved its request early November. more
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EXCLUSIVE: Romania Personal Insolvency Law Delayed Again
11.14.2013
Romania’s government has once again committed to refrain from adopting a long-delayed law on personal bankruptcy, arguing the measure would impair credit discipline, according to the country’s more
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Romania’s New Insolvency Code Solves None Of Current Legislative Flaws - Investors
11.06.2013
The main flaws in Romania’s current legislation on insolvency concern the duration of proceedings, a low debt recovery rate and high costs, which the newly adopted regulations on insolvency do not more
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Court Finds Parts Of Insolvency Code Unconstitutional
10.29.2013
Some of the provisions of the government emergency decree regulating insolvency procedures are unconstitutional, Romania’s Constitutional Court ruled Tuesday. more
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Trade Registry: Over 20,220 Romanian Firms Entered Insolvency In January-September.
10.21.2013
About 1,734 Romanian firms defaulted on their debts in September 2013 and the number of insolvencies reached some 20.220 in the first nine months, up about 7% on the year, according to Trade Registry more
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Ombudsman Challenges Insolvency Code At Constitutional Court
10.09.2013
The Romanian Ombudsman Wednesday has challenged the country’s recently adopted Insolvency Code at the Constitutional Court. more
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New Insolvency Code To Push Firms Into Bankruptcy
10.08.2013
Romania’s new Insolvency Code, to take effect on October 25, will impact small- and medium-sized companies, whose reorganization can’t be carried out in only one year, and will push them into more
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New Insolvency Code Takes Effect On October 25; NGOs Denounce Article On TV, Radio Licenses
10.05.2013
Romania’s new Insolvency Code was published in the Official Journal Friday and will take effect on October 25. It will also apply to insolvency requests currently under analysis. more
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Government Approves New Insolvency Code Through Emergency Decree
10.02.2013
Romania’s Government said Wednesday it has approved a new Insolvency Code. more
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Insolvent Residential Project Citadella Titan Up For Sale For EUR6.85M
09.27.2013
Insolvent residential project Citadella Titan in Bucharest could be put up for sale for EUR6.85 million, according to the reorganization plan approved by creditors. more
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Casa de Insolventa Transilvania Appointed Judicial Administrator For Bankrupt Constructor Alpine
09.26.2013
Casa de Insolventa Transilvania (CITR) has been designated the judicial administrator for construction company Alpine SA, part of Austria’s Alpine group, undergoing bankruptcy. more
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Trade Registry: 658 Romanian Firms Went Insolvent In August, Lowest Level In 2013
09.17.2013
About 658 Romanian firms defaulted on their debts in August, the lowest level registered in 2013, and the number of insolvencies reached some 10,313 in the first eight months, down about 7% on the more
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Galli Gallo Goes Insolvent Weighed Down By EUR8M Debt
09.12.2013
Galli Gallo, the largest turkey farmer and turkey meat processor in Romania, went insolvent at its own request amid difficulties on the poultry market and weighed down by debts. more
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Silver Mountain Project Developer Enters Insolvency; BCR Major Creditor
08.21.2013
Romanian real estate firm INR Management Real Estate, which developed the Silver Mountain residential project in the central county of Brasov, has entered insolvency at the request of its main more
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Two Spanish-Held Solar Park Developers In Romania File For Insolvency
08.20.2013
Firms Rios Solar Renovables and Rios Total Solar, part of Spanish group Rios Renovables, which develops green energy projects in Romania, filed for insolvency at the beginning of August. more
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BNR: Follow-up Deal With IMF Should Shelter Romania’s Banks Against Abusive Claims
07.24.2013
Romania’s planned follow-up agreement with the International Monetary Fund should include a series of stipulations regarding the personal insolvency law that would limit bank exposure to damage more
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Energy Bio Chemicals Enters Insolvency
07.22.2013
Romanian firm Energy Bio Chemicals SA has entered insolvency at the request of E.ON Energie Romania, a unit of German utility E.ON. more
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SME Minister: New Insolvency Law Finalized; Up For Public Debate In August
07.18.2013
Romania’s new insolvency law has been finalized and will be put up for public debate in August, Maria Grapini, the country’s Minister for Tourism, Business Environment and Small and Medium-sized more
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Shopping Malls Worth EUR600M Insolvent, Closed Or Left Unfinished
07.10.2013
Eleven shopping centers in Romania went insolvent or ceased activity and constructions on ten other shopping mall projects were halted after investing millions of euros already, which do not include more
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Managers Causing Firms To Enter Insolvency May Cover Debts From Their Own Pocket
07.08.2013
Managers who cause a firm to enter insolvency will have to cover partially or totally the debts registered by the firm from their own pocket and will not be allowed to run other companies for ten more
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Companies In Romania May File For Insolvency Only For Debts Exceeding RON90,000
07.08.2013
Romanian companies facing financial problems may file for insolvency only if their debts exceed 90,000 lei (over EUR20,000), and creditors may submit insolvency claims against debtors 30 days after more