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The Mogul's Appeal

28 Mai 2007
974 Vizualizari | 0 Comentarii
Bogdan Cihodaru has been dissatisfied with the fact that his company, Terra Holdings SRL, has not won the auction from SC Nicolina SA and now he demands that it should be cancelled and organized once again. The sum with which the assets from SC Nicolina SA have been sold was of 6, 8 million Euros.

The second auction was also litigated by SC Fosilina Investitii SA Bucharest, which considered that the company of Brasov - the one that had adjudged the second auction - had been supported by a commission in order to win.
Bogdan Cihodaru has instituted proceedings against SC Nicolina SA, the Authority for Capitalizing the State Assets (AVAS) Bucharest and against the company Real Estate Development SRL so that to cancel an auction by which there have been sold certain areas of land and stores from the factory of building machineries of the company in Iasi. Cihodaru has been dissatisfied with the fact that his company, Terra Holdings SRL, has not won this auction and now he requires the judges that the auction should be cancelled and organized again.


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