Home / Tag Archives: Ilie Carabulea

Tag Archives: Ilie Carabulea

Carpatica Asig goes bankrupt

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 for bankruptcy, realitatea.net reports. According to an ...

Read More »

Dutch company signs agreement for the full acquisition of Carpatica Asig

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 order to acquire the ...

Read More »

Romanian top millionaire Ilie Carabulea on remand

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 group, for abuse of ...

Read More »

Carpatica Asig to be taken over by European strategic investor

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 Financial Supervising Authority (ASF) ...

Read More »

U.S. private equity investment firm enters Carpatica Bank’s shareholding officially. The transaction is waiting for BNR’s approval

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 ...

Read More »

Carpatica Bank to be sold to JC Flowers, negotiations still to be concluded

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, digi24.ro ...

Read More »

Carpatica Bank back to profit in Q1, but assets are declining

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% ...

Read More »

Carpatica Bank – Nextebank, possible merger

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 shareholders on December 19. ...

Read More »