Robinson Tours, the Bulgarian-registered travel agency specialising primarily in Bulgarian holidays, has declared insolvency, with affected Hungarian travellers able to seek compensation from the company’s Bulgarian insurer, according to a letter sent to customers and reported on Wednesday by the travel industry portal Turizmus.com. The website published the letter in full, which states that affected…
Sono Motors GmbH, the German solar mobility solutions company, has ceased its operational business effective July 31, 2026. It has initiated insolvency proceedings after failing to secure sustainable financing during a restructuring process. The restructuring followed the withdrawal of its primary investor, Sono Group N.V., from the company’s solar division in March 2026. According to Sono Motors, despite extensive discussions…
Peter Etherington acted as a director of PP Global Media Limited for more than three years while disqualified Etherington controlled the company’s finances, staffing and contracts while others were listed as directors in name only, and received more than £100,000 from the company account – more than any named director The 68-year-old previously failed to…
Reflex seeks fresh insolvency protection just months after rescue deal TheBusinessDesk.com Read the original article here
The company behind Nottinghamshire-based bikemaker Raleigh, which was founded 139 years ago, has filed to appoint administrators. Accell UK and Ireland, part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings. The boss of Accell said it was a “deeply sad and frustrating situation” and…
Accell UK and Ireland, part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings. The boss of Accell said it was a “deeply sad and frustrating situation” and that it had “tirelessly explored” every option for the future of the cycling business. The company bought…
Owner of 139-year-old bikemaker Raleigh files for insolvency Belfast Telegraph Read the original article here
New business registrations fall across NW, as does insolvency-related activity TheBusinessDesk.com Read the original article here
The owners of iconic British bike brand Raleigh and others including Lapierre, the Accell Group, has begun insolvency proceedings, it was announced on Wednesday. The Dutch company, which bought Raleigh for €100 million in 2012, said that every “realistic option for the future of the business has been tirelessly explored”. It entered a suspension of…
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