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Friday, December 5 2025

November 2025 Romanian Insolvencies: Construction and Restaurants Most at Risk

According to the financial analysis platform RisCo, companies in Romania continue to face financial difficulties, leading to the opening of insolvency files and court proceedings, RomaniaJournal.ro reported. This trend is…

Friday, December 5 2025

Petrofac Administrators Eye North Sea Sale by Christmas

Administrators to Petrofac, the collapsed oilfield services company, are racing to secure a sale of its North Sea operations by Christmas - a move which could save thousands of British jobs. Sky News understands that Teneo, which…

Friday, December 5 2025

Bel Fuse to Record Charge of Up to $14M From Innolectric Insolvency

Bel Fuse said it will record an impairment charge of up to about $14 million because Innolectric, a company in which it owns a stake, is initiating insolvency proceedings, MarketWatch.com reported. Innolectic, a German charging…