Wild Group SRL sold the Ramada Hotel in T\u00e2rgu Jiu, the swimming pool, and the four event halls in the Dumbrava Complex for approximately EUR 4 million to a businessman from Gorj County. The transaction was finalized after the company withdrew its application to open general insolvency proceedings, representing one of the most important moves on the regional hotel and event market.<\/p>\n
Prior to closing the deal, Wild Group SRL had filed an application with the Gorj Tribunal citing a lack of liquidity, the impossibility of paying due obligations, and an urgent need for capital to cover salaries and supplies. In the court filings, the company mentioned total debts of approximately EUR 1.68 million, of which over EUR 1.2 million represented certain, liquid, and enforceable debts unpaid for more than 60 days. The insolvency petition was subsequently withdrawn, allowing the asset sale to be completed.<\/p>\n
What was the transaction value for the Ramada Hotel in T\u00e2rgu Jiu?<\/strong><\/p>\n The Ramada Hotel, along with the pool and event halls in the Dumbrava Complex, was sold for approximately EUR 4 million.<\/p>\n Why did Wild Group initially file for insolvency?<\/strong><\/p>\n Wild Group filed for insolvency due to a lack of liquidity, debt obligations totaling around EUR 1.68 million, and an urgent need for working capital.<\/p>\n Who purchased the Ramada Hotel assets?<\/strong><\/p>\n The assets were purchased by a local businessman from Gorj County after Wild Group withdrew its insolvency petition.<\/p>\n","protected":false},"excerpt":{"rendered":" Wild Group SRL sold the Ramada Hotel in T\u00e2rgu Jiu, the swimming pool, and the four event halls in the Dumbrava Complex for approximately EUR 4 million to a businessman from Gorj County. The transaction was finalized after the company withdrew its application to open general insolvency proceedings, representing one of the most important moves…<\/p>\n","protected":false},"author":0,"featured_media":128496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2857],"tags":[],"thb-sponsors":[],"class_list":["post-128499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"article_style_override":"on","post-style":"style2","post_via":[{"title":"gorjexpress.ro | 05.08","post_source_url":"https:\/\/www.gorjexpress.ro"}],"post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/tranzactii-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/128499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=128499"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/128499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/128496"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=128499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=128499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=128499"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=128499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}