Tribunalul București a decis: Societatea de Transport București intră în insolvență • Newsweek România
The Bucharest Tribunal has approved the insolvency of the Bucharest Transport Company (STB), initiating a major reorganization period. A provisional judicial administrator has been appointed, and creditors await a payment plan. This decision follows a previous rejection of STB's insolvency request due to incomplete documentation. The court has set deadlines for creditors to submit claims and for the verification of debts. STB faces significant debts exceeding 1.6 billion lei, prompting the need for insolvency to protect employees and manage financial obligations effectively.