Results 1 - 15 from 15 for "romstrade"
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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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Insolvent Romstrade Downsizes Staff To 100 Employees From 930 In December 2012
10.07.2013
Romstrade, once one of the largest construction firms in Romania, has downsized its staff to below 100 employees after entering insolvency a year ago. more
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CNADNR To Terminate Transalpina Constraction Contract With Romstrade
09.15.2013
Romania’s national roads authority CNADNR will terminate a contract with firm Romstrade, which has failed to complete the construction of the country’s highest paved road Transalpina (2,145 m), more
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Romstrade’s Creditors Claim Back EUR770M
03.05.2013
The value of receivables creditors claim back from Romanian insolvent constructor Romstrade rises to 3.37 billion lei (EUR772 million), of which RON2.9 billion represent approved debts. more
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Construction Firm Romstrade Enters Insolvency
12.11.2012
Romanian construction company Romstrade has entered into insolvency proceedings after the Giurgiu Court approved the request filed by Iasi-based firm Agroindustrial Construct and appointed Casa de more
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Antifraud Department: Businessman Nelu Iordache Embezzled EUR6M From EU Funds
11.29.2012
A report by Romania’s antifraud department shows businessman Nelu Iordache embezzled EUR6 million from European Union funds via his construction firm Romstrade, as he used the money for various more
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Competition Watchdog Approves Romstrade's Takeover Of ABC Asigurari
07.16.2012
Romania's competition watchdog in June authorized the takeover of insurer ABC Asigurari by construction company Romstrade, owned by Nelu Iordache, for EUR6.7 million. more
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Romstrade Plans To Double Revenue This Year
06.05.2012
Romanian construction company Romstrade, controlled by businessman Nelu Iordache, has budgeted 140% growth of its revenue to some 1.25 billion lei (approximately EUR290 million) for this year, the more
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Businessman Nelu Iordache Signs Agreement To Buy Insurer ABC Asigurari For EUR6.7M
03.20.2012
Romanian businessman Nelu Iordache signed an agreement in principle with the shareholders of insurer ABC Asigurari to buy a 98.57% stake in the company for EUR6.69 million. more
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Romstrade's Turnover Grew 30% In 2011
02.24.2012
Romanian construction firm Romstrade, owned by Nelu Iordache, posted 30% higher turnover in 2011, from EUR134.4 million in 2010, and anticipates it will increase to EUR200 million this year. more
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Top Two Road Builders Got EUR400 Million From CNADNR In 2011
02.23.2012
Dorinel Umbrarescu, who owns construction company Spedition UMB, and Nelu Iordache, who controls Romstrade, collected about EUR400 million from the national company in charge of Romania’s national more
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Giurgiu, Romania Authorities Award EUR10M Road Rehab Contract To Romstrade & Partners
02.22.2012
County authorities in Giurgiu, Romania have awarded a contract worth 44.4 million lei (EUR10.2 million), for the rehabilitation of certain local roads, to a partnership led by construction company more
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Asphalt Kings Took On Contracts Close To Home In 2011
01.04.2012
Romania’s so-called asphalt kings won at least half of the EUR2.4 billion road infrastructure contracts awarded by the Transport Ministry and by the Development Ministry last year, according to ZF more
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Romstrade Wins EUR14M Road Upgrade Contract In Giurgiu County
10.17.2011
Local authorities in Giurgiu county, southern Romania, have awarded Romstrade a contract worth 63.6 million lei (EUR14.7 million), net of VAT, for the rehabilitation and upgrade of county road DJ 411. more
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Who Collected Most Money From The National Roads Company
09.29.2011
Romania’s national roads authority CNADNR has spent nearly 4 billion lei (EUR0.93 billion) in the first seven months of the year out of a total budget of RON8.2 billion (EUR1.9 billion) it has this more