Charcuterie business started by Cristi Borcea goes bankrupt. New Iraqi shareholders “could not be reached”

Charcuterie producer Crimbo Prod Carn in Alba county, founded by Cristi Borcea and sold last year to two businessmen of Iraqi origin, went bankrupt last week, according to information on the website of the Alba Court.

"Casa de Insolventa Transilvania SPRL (Transilvania Insolvency Firm), in its capacity as judicial administrator of Crimbo Prod Carn, requested the start of the simplified bankruptcy proceedings in the case of the debtor, in line with the insolvency law, because neither the company's manager, nor his partners at the time of the start of insolvency proceedings, could be reached," said lawyer Nicolae Rusu, representative of Casa de Insolventa Transilvania, judicial administrator of Crimbo Prod Carn.

The representative of the judiciary administrator says in mid-June last year the company was registered in the Trade Registry as having a new shareholder structure, consisting of individuals of Iraqi origin, Hussein H. Hassan and Amaar A. Ghanam, who replaced Cristi Borcea. Later, in July, shareholders changed again, according to the judicial administrator, and a third change occurred in November. At present, Crimbo Prod Carn is held by Haydar R. Hassan (75% of the shares) and Feisal Omar (25%), aged 25 and 23 respectively, according to the Trade Registry.

Cristi Borcea, a shareholder of Dinamo Bucuresti and founder of the charcuterie producer, could not be contacted by the time this story was ready for print.