CITR

With over 25 years of experience on the market and over 1,100 projects managed over time, CITR distributes more than 100 million euros to creditors annually in its mission to save the value of Romanian large companies in difficulty. CITR has vast experience in all industries, with an impressive track record in insurance, having coordinated the insolvencies of four major companies, three of them being market leaders. CITR, selected by the European Commission, was appointed expert consultant to the Romanian Ministry of Justice for implementing EU Directive 2019/1023 on preventive restructuring frameworks and completed the implementation in the summer of 2022. CITR is a member of both UNPIR and INPPI Leading Counsels and proudly represents Romania in Insol Europe.