insolvency
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After 5 years' monopoly on Otopeni Airport, Fly Taxi files for insolvency
Taxi operator Fly Taxi, which up until the beginning of this year was the only company granted access to the terminals of the Otopeni Airport in Bucharest, has filed for insolvency, with the...
Meat industry joined insolvency chain in 2009, after profits of million euros the year before
From acquisition and strategic partnership talk, the charcuterie industry has in less than one year gone to insolvencies, business reorganisations and redundancies, in the context where prod...
Octavian Radu files for Diverta's insolvency
Businessman Octavian Radu has filed for Diverta retailer insolvency with a view to its judicial reorganisation, according to the company's representatives. “Diverta's debts top 10m euros a...
Romcab out of insolvency
Romcab Targu-Mures, a producer of electrical cables and conductors, controlled by businessman Zoltan Prosszer, announced it was out of administration in the wake of a recent ruling of Mures...
Matache Macelaru persuades court of law it has the money to get out of insolvency
Principal Company, producer of Matache Macelaru and Salonta charcuterie brands, is out of insolvency after a ruling by the Buzau Court of Law in favour of the charcuterie producer.
Danila Petre & Asociatii: Insolvency is not always the best solution
Many distressed firms rushed to file for insolvency even though they did not need to, because they did not carefully evaluate their situation, states Cristian Petre, a senior partner with Da...
Companies: There’s life after insolvency. Consultants: Don’t rely on banks
Most of the companies that went insolvent stand high chances of avoiding bankruptcy, but to do it they must not expect financing from banks.
Matache Macelaru on the verge of insolvency
Principal Company, which makes the Salonta and Matache Macelaru charcuterie products, is one step from insolvency after Buzau Court of Law last week decided to start insolvency proceedings i...
Lee Cooper shareholders: Insolvency was the only legal way
The main creditors of LCR Jeans, which owns the licence for Lee Cooper stores and filed for insolvency in December 2009, are freight suppliers, the bank and leasing companies, according to t...