Upetrom enters insolvency due to losses

Upetrom 1 Mai, a company owned by Gabriel Comanescu, went into insolvency due to losses, which last year amounted to 4.34 million euros, energynomics.ro informs. The company recorded consecutive losses in the last seven years. PricewaterhouseCoopers Business Recovery Services IPUR has been appointed the company’s legal administrator. Upetrom is a company that manufactures hydrocarbon extraction and construction equipment and last year had a ...

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