The biggest insolvent group took out loans worth 504million lei (120 million euros) from RBS Bank Romania, ING Bank,Citibank Europe and Piraeus Bank to develop Astra Vagoane Arad,Meva and Romvag (insolvent) plants, and now the banks feature atthe top of the lists of companies that have debts to recover frombusinessman Cristian Burci, according to preliminary data in thecreditors' lists.
Two of the three insolvency firms that manage the business of therolling stock makers, RVA Insolvency and Casa de InsolvenţăTransilvania, have published the preliminary lists of creditors.The lists include 180 and 185 creditors respectively, which have torecoup debts totalling almost 150 million euros.
The third insolvency firm, Solve Insolv, court-appointedadministrator of Astra Vagoane Arad, had yet to publish itspreliminary list of creditors by edition close, but companyrepresentative Rudolf Vizental said nearly 220 companies had puttheir name on the list.
"The consolidated value of the three plants' debts to creditorsamounts to almost 150 million euros, of which 100 million euros areowed to the four banks (mentioned above), 40 million euros tosuppliers and 10 million euros to the state budget," RudolfVizental said.
He specified the three plants together had almost 300creditors.
Businessman Cristian Burci, who controls the three plants throughthe IRS group, did not answer ZF's request for information on thesituation of the three plants. The four banks said they did notwish to comment on their relationship with the insolventplants.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
