US EditionFinal Insolvency in Romania - Store Operator Kenvelo, Lee Cooper and Timeout, Explosive Loss - hotnews.ro
4 Articles
4 Articles
Montecristo Retail, which operates the Kenvelo, Lee Cooper and Timeout magazine network in Romania, has entered into insolvency. The reason? The accumulation of “economic difficulties”. The company operating Kenvelo, Lee Cooper and Timeout has entered into insolvency. What will happen with the magazines appeared for the first time in Romania TV.
Montecristo Retail RO, which operates the Kenvelo, Lee Cooper and Timeout magazine network in Romania, has entered into the protection of Act 85/2014 on insolvency proceedings, following an application by the Ilfov Court of...
Montecristo RetAIL, which holds stores in Romania under the Kenvelo, Lee Cooper and Timeout brands, entered into insolvency as a result of the decline in demand and the increase in costs in recent years, according to an announcement made by Infinexa, the judicial administrator of Montecristo Retail.
Montecristo Retail, a national distributor with sales units in Cluj, Bihor, Sibiu and Braşov, will rely on restructuring its network of stores. Montecristo Retail, which operates the Kenvelo, Lee Cooper and Timeout magazine network in Romania, has entered into the protection of the insolvency procedure law following an application by the Ilfov Court itself. The decision comes as a response to the accumulation of economic difficulties that have a…
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