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German Battery Maker Varta Files for Insolvency After Losing Apple Contract

Varta files for insolvency after losing Apple’s AirPods battery contract. The German battery manufacturer faces restructuring after losing its biggest customer and shutting down part of its production capacity. Credit: Jhoan Baron / ColombiaOne (AI-generated picture). For editorial use only. German battery manufacturer Varta filed for insolvency on July 24, 2026, ending more than 130…

Reliance Infrastructure Wins ₹157.64 Crore Arbitration Award From MMRDA as Insolvency Ends

Market snapshot: Reliance Infrastructure Limited has achieved a dual legal and financial breakthrough. The company won a ₹157.64 crore arbitration award against the Mumbai Metropolitan Region Development Authority in a dispute over subordinated debt. Simultaneously, the National Company Law Tribunal has officially approved the withdrawal of the insolvency petition against its joint venture, Mumbai Metro…

Romanian farm insolvencies surge as Ukrainian grain imports and rising costs deepen sector crisis

Romania’s agricultural sector is facing a deepening financial crisis, with the number of agricultural companies entering insolvency doubling to its highest level in recent years, amid pressure from Ukrainian grain imports and rising energy and fertiliser costs driven by geopolitical instability, according to an analysis by restructuring specialist CITR. The risk is particularly acute in…