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Balkans Bankruptcy News. Service for global professionals. Constantly updated news and information about Balkans Bankruptcy.
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Latest Balkans Bankruptcy News

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  • Bondholders Decide on Bankrupt Bulgarian Steel Mill Fate 10 Nov 2009 05:36 GMT
    ... Bondholders Decide on Bankrupt Bulgarian Steel Mill Fate The deadline for bondholders' final decision on the Kremikovtzi recovery plan ...

  • Construction sector in Bulgaria incurs 20% decline 10 Nov 2009 11:31 GMT
    ... The construction sector in Bulgaria had declined by 20 per cent on ... as 1500 of its members would go bankrupt. ...

  • Police Break Into Bulgarian Ministryďż˝s Building 10 Nov 2009 04:37 GMT
    ... The Kremlin is being overtly positive about the demise ... of people being fired from the nearly bankrupt AvtoVAZ by year-end has rattled workers as ...

  • Elk Meadows ski resort on auction block 10 Nov 2009 01:13 GMT
    ... Once ballyhooed as the next great gated resort community ... plan, filed for a voluntary Chapter 11 bankruptcy. But one of Mount Holly's primary investors, ... been expressed from as far away as Bulgaria and India, Lovegrove said, reflecting the Internet's ...

  • Grandiose Mount Holly development plans went by the wayside. 10 Nov 2009 01:13 GMT
    ... Once ballyhooed as the next great gated resort community ... plan, filed for a voluntary Chapter 11 bankruptcy. But one of Mount Holly's primary investors, ... been expressed from as far away as Bulgaria and India, Lovegrove said, reflecting the Internet's ...

  • Taiwan bars foreign investor money in time deposits 10 Nov 2009 15:10 GMT
    ... Warsaw - Poland wants to reduce its deficit ... funds from a 4-billion-dollar standby loan to Serbia, which in return must curb spending and ... Clare Hollingworth said Sunday they were taking bankruptcy proceedings against a public relations consultant who ...

  • Bulgaria Socialist Leader Stanishev Slams 2010 'Poverty' Budget 9 Nov 2009 23:54 GMT
    ... Bulgaria Socialist Leader Stanishev Slams 2010 'Poverty' Budget ... 2010 budget will lead to rising unemployment, bankrupt municipalities and a high level of poverty. ...

  • RPT-FEATURE-Weak leadership still clouds East Europe success 9 Nov 2009 12:54 GMT
    ... By Jan Lopatka PRAGUE, Nov 4 (Reuters) - The collapse ... before the 1989 changes, although Latvia and Bulgaria came close behind. 'Twenty years have passed, ... by the new members, with Bulgaria and Romania ranked lowest. Hungary and Bulgaria have slid ...

  • Who killed Nortel? Rock meets hard place 9 Nov 2009 14:14 GMT
    ... Mike Zafirovski, then Nortel President and CEO, is followed ... but the world turned upside down," the Macedonian-born businessman said. "This is obviously not what ... remaining business units and then emerge from bankruptcy. On Feb. 25, Nortel sacked 3,200 employees ...

  • The Berlin Wall, 20 Years Later 9 Nov 2009 15:15 GMT
    ... The occasion of remembering the fall of the Wall ... of the end of the Republic.” In Bulgaria the Communist rulers went quietly the day ... had its chance, and it doesn’t work.’ Romania’s Nicolae Ceausescu lasted another month. Ceausescu attempted ...

  • Famed racehorse returns to Hungary as owner jailed 9 Nov 2009 11:37 GMT
    ... Famed racehorse returns to Hungary as owner jailed A ... as owner jailed A court in Oradea, Romania on Friday sentenced Slovak Zoltán Mikóczy, owner ... in prison for stealing goods placed under bankruptcy protection. His Hungarian associate Sándor Dezs Györke ...

  • Ann Bridge a wonderful storyteller 9 Nov 2009 04:30 GMT
    ... Article Last Updated; Sunday, November 08, 2009 Ann ... Sanders. After her father was declared a bankrupt, she worked as a shop assistant in ... as Dubrovnik and other remote places in Croatia. For readers, her works provide compelling dramas ...

  • Insider Trading 9 Nov 2009 08:59 GMT
    ... Phone taps, FBI surveillance, confidential informants - it's the ... His investments eventually soured, however, and Duer's bankruptcy brought down much of New York's economy ... detected when a retired underwear seamstress in Croatia earned $2 million in profit from a ...

  • One on one with Professor Leszek Balcerowicz 9 Nov 2009 08:15 GMT
    ... Q: How difficult was Poland’s economic situation in 1989? A: ... very little, or the first years in Romania when reforms were fragmented and slow, Poland ... lose their markets and sometimes they go bankrupt. Q: Are you optimistic about Poland coming ...

  • BGN 55 M of Salaries Delayed at Bulgaria Steel Mill Kremikovtzi 6 Nov 2009 06:01 GMT
    ... BGN 55 M of Salaries Delayed at Bulgaria Steel Mill Kremikovtzi Over 3 000 workers ... Photo by BGNES The workers of Bulgaria’s bankrupt steel mill Kremikovtzi are awaiting delayed salaries ...


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