# C_2020251EN.01001901.xml

| 31.7.2020 | EN | Official Journal of the European Union | C 251/19 |
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31.7.2020

EN

Official Journal of the European Union

C 251/19

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Liquidation procedures

Decision to open bankruptcy proceedings for ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – S.A.’

(Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings (Article 280 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance))

(2020/C 251/14)

| Insurance undertaking | ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’ with its registered office in Bucharest, sector 1, str. Nicolae Caramfil No 61B, registered at the Trade Register Office under No J40/9518/11 July 2003, sole registration code 12408250, registered in the Registrar of Insurance under No RA-021 on 10 April 2003 |
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| Date, entry into force and nature of decision | 20.2.2020 – Decision No 209/20.02.2020 on the withdrawal of the operating licence of ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’, the declaration of its insolvency and the submission of an application for initiation of bankruptcy proceedings against it;
  Interim Ruling of the Court of Bucharest of 29.6.2020 on the initiation of bankruptcy proceedings against the company SAR Certasig SA. |
| Competent authorities | ‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania |
| Supervisory authority | ‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania |
| Liquidator appointed | Court-appointed liquidator – CITR Filiala Cluj SPRL
  Contact details for the court-appointed liquidator – Calea Dorobanților 48, Cluj-Napoca 400000 |
| Applicable law | Romania
  Government Emergency Order No 93/2012 on the establishment, organisation and functioning of the Financial Supervisory Authority, approved with amendments by Law No 113/2013, as amended;
  Law No 503/2004 on financial recovery, bankruptcy, and voluntary dissolution and winding-up in the insurance business, republished;
  Law No 237/2015 on the authorisation and supervision of insurance activities, as amended
  Law No 85/2014 on insolvency prevention and insolvency proceedings, as amended. |

Insurance undertaking

‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’ with its registered office in Bucharest, sector 1, str. Nicolae Caramfil No 61B, registered at the Trade Register Office under No J40/9518/11 July 2003, sole registration code 12408250, registered in the Registrar of Insurance under No RA-021 on 10 April 2003

Date, entry into force and nature of decision

20.2.2020 – Decision No 209/20.02.2020 on the withdrawal of the operating licence of ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’, the declaration of its insolvency and the submission of an application for initiation of bankruptcy proceedings against it;

Interim Ruling of the Court of Bucharest of 29.6.2020 on the initiation of bankruptcy proceedings against the company SAR Certasig SA.

Competent authorities

‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania

Supervisory authority

‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania

Liquidator appointed

Court-appointed liquidator – CITR Filiala Cluj SPRL

Contact details for the court-appointed liquidator – Calea Dorobanților 48, Cluj-Napoca 400000

Applicable law

Romania

Government Emergency Order No 93/2012 on the establishment, organisation and functioning of the Financial Supervisory Authority, approved with amendments by Law No 113/2013, as amended;

Law No 503/2004 on financial recovery, bankruptcy, and voluntary dissolution and winding-up in the insurance business, republished;

Law No 237/2015 on the authorisation and supervision of insurance activities, as amended

Law No 85/2014 on insolvency prevention and insolvency proceedings, as amended.

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