Results 176 - 200 from 354 for "insolvency"
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Romanian Lenders See Improvement In Liquidated Asset Sales
03.27.2014
Banks see improvement in asset liquidation sales and support company restructuring outside of insolvency procedures, which they consider simpler and less costly than insolvency. more
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CITR: Around 3,200 Major Businesses In Romania Heading For Imminent Insolvency
03.27.2014
Less than 3% of all active businesses in Romania (less than 20,000) have turnovers of more than EUR1 million and a decisive role in the Romanian economy, and 3,200 of them are insolvent but have not more
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Borza: Hidroelectrica Will Raise EUR500M From IPO In 2015
03.27.2014
Hidroelectrica’s court appointed trustee, Remus Borza, believes the electricity producer will exit insolvency in seven to twelve months and expects the initial public offering of 15% to happen in more
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Carpatair, No More Regular Flights From Romanian Airports
03.25.2014
Carpatair, the private airline which went insolvent this year, no longer operates regular flights from Romania’s airports as the company’s reorganization plan has not been endorsed by creditors, more
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How Did Romania’s Largest Energy Producer End Up Insolvent Twice?
03.12.2014
Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossible this more
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Hidroelectrica To Exit Insolvency Soon, Undergo Restructuring
02.26.2014
The Economy Ministry will take steps for state-run hydropower producer Hidroelectrica to exit insolvency “as soon as possible”, and will reorganize the company by giving up investments unimportant more
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Economy Ministry May File Extraordinary Appeal For Hidroelectrica To Exit Insolvency
02.26.2014
The Economy Ministry might file extraordinary appeal for Romanian state-run hydropower producer Hidroelectrica to exit insolvency, Gabriel Dumitrascu, head of privatization with the Energy Department, more
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Euro Insol Reinstated As Hidroelectrica’s Legal Administrator
02.26.2014
Insolvency company Euro Insol has been reinstated as judicial administrator of Romanian state-run hydropower producer Hidroelectrica after the latter was court-ordered into re-entering reorganization more
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Hidroelectrica Goes Insolvent Again
02.25.2014
Hidrolectrica went insolvent again after Court of Appeals ruled in favor of several energy traders which appealed the decision of the company's former legal administrator of not acknowledging RON1.3 more
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Trade Registry: 2,054 Companies Filed For Insolvency In January
02.21.2014
A little over 2,000 companies went out of business in Romania last month, down 14.5% compared with January 2013, data from the Trade Registry showed Friday. more
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Justice Minister: Insolvency Law To Arrive By Midyear
02.14.2014
The new insolvency code, a law that banks and other creditors expect to make it easier for them to get their money back, while ailing companies hope it will provide them with a better framework for more
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CITR: Companies In Food And Retail Sectors Most Prone To Insolvency In 2014
02.12.2014
Companies in the food sector, the owners of leasable retail and office spaces, the beneficiaries of subsidies and infrastructure builders will be most affected by insolvency in 2014, according to more
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Romania’s Second Largest Poultry Exporter Avicola Crevedia Goes Insolvent
02.10.2014
Avicola Crevedia, part of Agroli group controlled by Lebanese investor Rami Ghaziri, went insolvent at the request of the Arges-Vedea branch of Romania’s water administrator Apele Romane. more
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What Insolvent Real Estate Projects Can Be Bought For EUR230M
01.30.2014
Ten of the most important real estate projects gone insolvent or bankrupt in Romania can be had for about EUR230 million, according to a ZF analysis of the assets put up for auction in the first half more
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Romanian Airline Carpatair Goes Insolvent
01.24.2014
Romanian airline Carpatair filed for insolvency and will enter judicial reorganization, due to EUR30 million loss triggered by litigations with Timisoara airport, which allegedly sealed more
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Insolvencies Hit Record High In Romania Last Year
01.22.2014
More than 29,500 companies employing almost 150,000 people went insolvent last year, the highest level since 2008. The number of insolvencies went up 10% on 2012 and doubled compared with 2008. more
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Diverta, After Three Years In Insolvency
01.16.2014
The Diverta network now comprises 25 bookstores with an 8,000 square-meter retail area and sales of EUR11 million, compared with 62 units, totaling a 24,000-sqm area in 2010 and EUR22 million in more
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Bucharest Court Suspends Carrefour Romania Insolvency Decision
01.16.2014
Bucharest Court ruled in favor of Carrefour Romania’s appeal against the insolvency decision made at the request of one of the company’s suppliers, at the end of 2013. more
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Trade Registry: 27,000 Companies Went Belly-up In 2013
01.15.2014
About 27,000 companies went out of business in Romania last year, up 10.4% compared with 2012, data from the Trade Registry showed Wednesday. more
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Insolvent Romstrade Sues Romanian State Over Annulled Contracts
01.12.2014
Romstrade, the building company controlled by businessman Nelu Iordache which entered insolvency proceedings more than a year ago, has sued Romania’s road authority CNADNR and Bucharest City Hall more
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Bankrupt Armonia Mall In Braila Expects Buyers As Of January
01.10.2014
Bankrupt shopping center Armonia Mall in Braila, eastern Romania, expects potential investors to submit bids starting this month, said Andreea Cionca-Anghelof, managing partner with Casa de Insolventa more
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Pamimai Drops Tobacco Distribution After Start Of Insolvency Procedings
01.07.2014
Pamimai Distribution, a distribution company with revenue of 327 million lei (EUR74.3 million) in 2012, entered insolvency at its own request in 2013 after piling up debts of EUR7 million. more
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Bucharest Court To Rule On Carrefour Romania Insolvency Appeal On Jan 15
01.06.2014
Bucharest Court will rule on January 15 on Carrefour Romania’s appeal against the insolvency decision made at the request of one of the company’s suppliers, at the end of 2013. more
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Carrefour Romania Enters Insolvency Proceedings At Supplier’s Request, Appeals Court Ruling
12.31.2013
The Bucharest Court of Law has made Carrefour Romania insolvent at the request of one of the company’s suppliers. more
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2013 In Review: Ten Most Important Events In Construction Sector
12.28.2013
The year 2013 witnessed insolvencies, several deals and the opening of new construction materials plants and malls. more