debts

Social Democeat MEP Claudiu Manda, former chairman of PSD Dolj, and husband of Craiova mayor Olguta Vasilescu, has been prosecuted by the National Anti-corruption Directorate (DNA) for using his political influence upon the manager of the…

Hunedoara Energy Complex, a state-owned company with 4,000 employees, has asked for insolvency on Monday. Despite the state aids the complex had enjoyed over the time, Hunedoara Energy Complex has posted huge losses of over RON 270 million…

General councilor Ana Ciceala accused on Tuesday that, although Capital mayor Gabriela Firea claims the Bucharest City Hall is going bankrupt, the municipality is kicking off procedures to host a folklore festival which costs RON 1.4…

Civil Aviation Group SRL has won the privatisation contract of R. of Moldova's flag carrier, Air Moldova. Civil Aviation Group SRL is made of Romanian low cost airline Blue Air and a group of investors from Republic of Moldova, offering…

Finance Minister Eugen Teodorovici has announced that the tax amnesty would be renamed financial restructuring, while its mechanism will be concluded in October. „Let’s call it a financial restructuring, not amnesty, which, next to…

The Government has adopted on Thursday an emergency ordinance to amend the Insolvency Law, Finance Minister Eugen Teodorovici said, arguing the economic environment will be cleaner and abusive practices will be stopped, as well as…

Romania has to recover EUR 800 million from the countries where it exported goods before 1989, during the communist regime, reads a Finance Ministry’s  document quoted by Hotnews. The chances to recover the money are minimum, considering…

The PetrolExportImport Shareholders General Assembly will discuss, on October 1, the request for opening the simple procedure for insolvency, according to the notification posted on the Bucharest Stock Exchange (BVB) website. The reason is…

Prime Minister’s State Counsellor, Darius Valcov, announced Monday evening that the tax amnesty is included in the governing programme, it includes the cancelling of some companies’ debts, adding that such things are ‘to be completed and…

The tax revenue body has released the list of the natural persons who had debts to the state budget on March 31. The debtors' ranking is topped by the Bucharest District 3 mayor, Robert Negoita and by former Bucharest District 5 mayor…