Ilie Carabulea

The Financial Supervisory Authority (ASF) Council has decided that the insurance company belonging to billionaire Ilie Carabulea, Carpatica Insurance, to go bankrupt, withdrawing its operating license and sending to the court an application…

The International Insurance Consortium (IIC), a company based in the Netherlands, focused on insurance companies in Eastern and Southeast Europe, has announced on Thursday it has signed an agreement with the owners of Carpatica Asig in…

Alba Iulia Court of Appeal has admitted on Friday the objections made by Ilie Carabulea and his son against the decision of the Sibiu Court of remand for embezzlement and money laundering in the Carpatica Asig file and has rejected the…

Businessman Ilie Carabulea and his son Oprea Carabulea, remanded together with five others, in a file of embezzlement and money laundering, were set free by the Sibiu Court, because the arrest warrants have expired, and court adjourned the…

One of the Romanian top millionaires, businessman Ilie Carabulea and his son, along with other five people were detained by the organized crime prosecutors on Wednesday evening. They are investigated for setting up an organized crime…

Carpatica Asig shareholders signed on December 21, 2015, a Memorandum of Understanding with a European strategic investor, with exclusivity clause, a press release announced on Monday. The timing of the transaction will be provided to…

The management of Carpatica Commercial Bank (BCC) has been informed by a group of shareholders on the fact that they concluded on September 4 an agreement with JCF III Europe Holdings LP "for the purpose of selling an indirect shareholding…

Banca Carpatica, based in Sibiu, owned by businessman Ilie Carabulea, will be sold to the US investment firm JC Flowers. The Americans will take over the bank through a capital increase of RON 100 million, if negotiations are completed,…

Carpatica Commercial Bank (BCC) turned to profit in the first quarter, a positive result of approximately RON 0.65 million, as compared to a loss of nearly RON 1 million in the same period last year, while assets decreased by 0.4% to about…

Romanian private bank Carpatica Comercial Bank (BCC) could fuse by absorption with Nextebank, owned by Emerging Europe Accession Fund, an investment fund managed by Horia Manda through Axxess Capital. The terms will be discussed by BCC…