04.08.2026

The company SC Certinvest Management Solutions SA has entered insolvency proceedings under the protection of Law 85/2014 on insolvency procedures, following requests submitted by several creditors. more

04.02.2026

The number of insolvency cases grew by almost 10% in capital city Bucharest in March 2026 compared with March 2025, to over 200 cases opened, as per data from financial analysis platform RisCo. more

03.04.2026

The number of insolvency cases rose by almost 60% in Romania in February compared with January, from 500 cases opened to over 800 cases, with most new insolvencies occurring in Bucharest, data from more

12.12.2025

Bucharest Stock Exchange on Friday suspended the bonds of Vivre Deco from trading, after the company announced a non-final judgement about the closing of its insolvency procedure. more

11.11.2025

Tricomserv, a Romanian company specializing in industrial production and manufacture of equipment for water supply and sewage systems, has announced it is filing for insolvency, citing lack of funds more

10.29.2025

A total of 4,561 new insolvency proceedings were opened in Romania in January-August 2025, 2% fewer than the 4,657 in the same time in 2024, as per the latest survey conducted by Coface Romania. more

09.15.2025

GoCab Software (CAB.RO), the operator of the GoCab taxi ordering service platform GoCab, has decided to start insolvency proceedings for judicial reorganization due to financial difficulties and the more

09.01.2025

Five-star Vega hotel of Mamaia, controlled by Constanta businessman Gabriel Comanescu, owner of GSP Offshore, has filed for insolvency. more

07.31.2025

Just a week ago, the firm that operates Noodle Pack restaurants filed for insolvency. With over RON100 million turnover, it was one of the largest operators on the local hospitality market. more

07.14.2025

Montecristo Retail RO SRL, which operates the Kenvelo, Lee Cooper and Timeout store chain in Romania, has gone insolvent, as decided by the Ilfov Court of Law. more

06.26.2025

Hidroserv, a subsidiary of Romania’s biggest energy producer, Hidroelectrica, dedicated to maintenance and repair works on hydrotechnical infrastructure, has exited insolvency after almost nine more

05.28.2025

Techtex SRL, a company specializing in technical textile production, part of Taparo group, one of the largest entrepreneurial businesses in the upholstered furniture sector, has entered insolvency. more

03.14.2025

The number of companies that filed for insolvency in 2024 increased by more than 9% over 2023 and reached 7,274. Of them, 141 are companies likely to make an impact on the economy, with assets of more more

02.11.2025

Somproduct, one of the largest online retailers of furniture and home décor in Romania, filed for insolvency at the end of last year. At the same time, Cadar Capital SRL, another company of the group more

12.31.2024

Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification about plans to fire 379 people or more than 40% of its more

12.09.2024

Rainwater and Roofing Systems Producer Raiko Transilvania (stock symbol: RKOT) has announced in a stock market report on Dec. 9 that it has entered insolvency proceedings following a ruling issued by more

11.15.2024

Taparo, a Maramures-based furniture manufacturer, has entered insolvency, in line with a decision by Maramures Tribunal. more

10.18.2024

Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The decision more

10.08.2024

The number of impact companies in imminent insolvency increased by 18% in 2024, to 8,190, and the number of impact companies in difficulty reaches the highest level since 2013, as per an analysis by more

09.06.2024

Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over local more

04.15.2024

Meat processor Angst Ro, held by the Minea family, has gone insolvent, data on the Bucharest Court of Law website show. more

02.26.2024

The shareholders of Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Monday (Feb 26) designated the special administrator that will lead more

02.21.2024

The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows. more

01.31.2024

Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), on Wednesday announced it had filed for insolvency with the Bucharest Court of Law, expressing intent to more

12.22.2023

Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Friday notified the Bucharest Stock Exchange that it decided to file for insolvency with more