CITR, the leader of the insolvency and restructuring market in Romania, has auctioned off the agricultural and industrial assets which make up the Mândra oil mill, worth RON 8,960,000 million (approximately EUR 1.8 million). The asset package, sold by CITR as receiver of Mândra… Read moreThe Mândra Oil Mill in Bârlad, with a history of over 100 years, bought for EUR 1.8 Million
• The total value of the assets purchased by the Sibiu City Hall during public auction today is EUR 5.29 million • The Faust performance, watched by thousands at Fabrica de Cultură Sibiu, part of the Radu Stanca National Theatre, holds the… Read moreCITR ensures the continuous activity of Sibiu’s Fabrica de Cultură (Culture Factory), by selling the space to the Sibiu City Hall
• The most affected domains are: trade (476 companies), construction (308 companies) and industry (195 companies) • The regions with the higher number of insolvencies are Bucharest (282 companies), Bihor (143 companies), Cluj (105 companies) • In Q1 2023, five… Read moreCITR: 1,644 companies, of which 23 impactful companies, went insolvent in Q1 2023. Companies’ rising interest in restructuring mechanisms
