2005-2008 land investments a source of insolvency in the next period

Investments made over 2005-2008 in lands for the development of real estate projects will represent a source of insolvency projects because in the present economic context they are no longer sustainable, according to Transylvania Insolvency House (CITR).“A growing number of projects initiated over 2006-2008 were stopped by investors, many of them giving up the development of projects in their initial stage. Investments made over 2005-2008 in lands for the development of real ...

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