\n![\"\"](\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/22957078\/1\/8871931b-82e8-43c5-bbc0-a4eff4a20459.jpg?height=307&width=800\")
<\/p>\n
\nFalimentul ar duce la pierderi substan\u0163iale, \u00eentruc\u00e2t \u201eactivele nelichide \u015fi nesusceptibile de conversie imediat\u0103\u2026 ar genera un grad de \u00eendestulare extrem de redus\u201d.
\nNumera Restructuring afirm\u0103 c\u0103 procedura trebuie privit\u0103 ca necesar\u0103, planul fiind considerat \u201eun act necesar, propor\u0163ional \u015fi justificat legal\u201d, care urm\u0103re\u015fte \u201eprevenirea st\u0103rii de insolven\u0163\u0103, protejarea patrimoniului societ\u0103\u0163ii \u015fi maximizarea gradului de recuperare pentru creditori\u201d.<\/p>\n
\nAnaliza patrimoniului arat\u0103 o evolu\u0163ie divergent\u0103 \u00eentre expansiunea activelor \u015fi cre\u015fterea datoriilor. Raportul noteaz\u0103 c\u0103 totalul activelor a crescut \u201ede la 54,1 mil. lei \u00een decembrie 2020 la un v\u00e2rf de 106,3 mil. lei \u00een 2023\u201d, stabiliz\u00e2ndu-se la peste 102 milioane lei \u00een mai 2025, \u00eens\u0103 datoriile pe termen lung au urcat la \u201epeste 117 milioane lei \u00een 2025\u201d, \u00een principal din obliga\u0163iuni. \u00cen acela\u015fi timp, capitalurile proprii au ajuns la o valoare negativ\u0103 de peste 31 milioane lei, dup\u0103 \u201epierderi opera\u0163ionale recurente\u201d.<\/p>\n
\nRaportul men\u0163ioneaz\u0103 \u015fi c\u0103 \u201enivelul curent de numerar este limitat\u201d, iar expunerea pe crean\u0163e \u2013 \u00een special cele intra-grup \u2013 ridic\u0103 riscuri suplimentare pentru fluxul de lichiditate. Documentul subliniaz\u0103 c\u0103, f\u0103r\u0103 omologarea planului, \u201esocietatea nu va putea evita starea de insolven\u0163\u0103\u201d, iar alternativa ar fi exclusiv \u201eprocedura falimentului \u2013 cu consecin\u0163e distructive at\u00e2t pentru Debitor, c\u00e2t \u015fi pentru to\u0163i creditorii\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
Eugen Voicu, unul dintre cei mai cunoscu\u0163i antreprenori ai pie\u0163ei de capital, cunoscut publicului larg dup\u0103 implicarea \u00een salvarea clubului Dinamo Bucure\u015fti, se confrunt\u0103 cu o situa\u0163ie complicat\u0103 \u00een ceea ce prive\u015fte Certinvest Management Solutions (CMS), compania de tip holding pe care o controleaz\u0103, av\u00e2nd \u00een vedere c\u0103 societatea este \u00een concordat preventiv cu semne […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[255,466,32949,473,7217,60,20680],"class_list":["post-242476","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-antreprenori","tag-capital","tag-confrunta","tag-firma","tag-management","tag-piata","tag-vedere"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/242476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=242476"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/242476\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}