The insolvency-specialized company Casa de Insolventa Transilvania (CITR) has been named by the Court of Justice in Maramures as the legal liquidator for state-owned Romplumb plant located in Baia Mare.For the next future, the CITR will analyze the insolvency file and will draft a reorganization plan for the company, together with the plant’s board. Romplumb established as commercial company in 1990 and produces slug-based products.
Among other private or state-owned companies which operated insolvency procedures, CITR managed cases for plant units as railway construction company Constructii Feroviare Cluj, Metalurgica or Astra Vagoane Arad.
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