insolvent companies
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ZF English
Blidar: I do not know who will rush to buy insolvent companies
Valer Blidar, one of the most important Romanian industrialists, who controls Astra Vagoane Călători, says he mulled taking over a stake in Cristian Burci's carriage plants, which are insolvent and for which legal administrators are seeking an investor.
ZF English
Insolvent companies' lenders can lose over 50% of their sums
The assets of the 166 insolvent companies included in the portfolio of Casa de Insolvență Transilvania (Transylvania Insolvency Firm-CITR) do not cover even half of their debts, so that bank...
ZF English
What happens to the employees of insolvent companies?
The jobs of thousands of employees in companies that went insolvent are threatened, considering that shareholders along with the court-appointed administrators have the legal right of termin...