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Results 351 - 364 from 364 for "insolvency"

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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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Romanian Contor Group Pins Bankruptcy On Flawed Management

    04.29.2011

    Shareholders of Romanian measuring device maker Contor Grup (CGC.RO) held majority holder and president-general manager Tudor Caracioni responsible for the company’s bankruptcy, and replaced him more

  • Impact Developer&Contractor Brushes Off Insolvency Claims

    04.29.2011

    Romanian realty developer Impact Developer&Contractor (IMP.RO) on Friday said it has cleared the insolvency claims it was facing, through a final and binding decision rendered Thursday by the more

  • Trade Registry: Fewer Companies Went Belly Up In 1Q

    04.14.2011

    Romania's Trade Registry Thursday said 5,082 companies filed for insolvency in the first quarter, down 18.6% from 6,250 companies in the same period a year earlier. more

  • Romanian bam boo Stores Owner Enters Insolvency

    01.17.2011

    Romanian Andromede Decor, the owner of gift and home decor retailer bam boo, entered insolvency procedures in order to reorganize its activity. more

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