Administrator of Latvijas Krajbanka recovers EUR 7.198 million in 2017 – Baltic Times

RIGA – The administrator of the to-be-liquidated Latvijas Krajbanka, recovered EUR 7.198 million in 2017, according to a report published in the official gazette Latvijas Vestnesis. In December 2017 the administrator recovered EUR 123,223. The whole sum was recovered from the loans issued by the bank. The costs of the Latvijas Krajbanka insolvency procedure has…

Serbia to auction assets of insolvent drugmaker Jugoremedija – SeeNews

License: Creative Commons CC0 BELGRADE (Serbia), January 22 (SeeNews) Serbia’s Bankruptcy Supervision Agency said it is selling the production facilities of insolvent pharmaceutical company Jugoremedija estimated at 3.887 billion dinars ($40.1 million/32.8 million euro). An auction for the Jugoremedija factory in Zrenjanin, in the north of the country, will take place on February 8, the Bankruptcy…