Government Postpones Tractorul Brasov Insolvency

F.A.
Ziarul BURSA #English Section / 8 februarie 2007

The government decided yesterday to postpone the insolvancy proceedings for Brasov-based companies Tractorul and Rulmentul, and Nitramonia Fagaras. The decision was initialed by the Ministry of Justice, after the institution had priorly rejected it. In the given situation, the employees of Tractorul will receive two compensatory salaries.

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