This section provides an overview of the Insolvency Proceedings Bulletin – Romanian Insolvency Register, set up by the Ministry of Justice – National Trade Register Office
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The Insolvency Proceedings Bulletin (BPI), published by the National Trade Register Office, summons parties, issues notices and convocations, and provides notifications of procedural acts issued by courts and insolvency administrators/liquidators in the course of insolvency proceedings in accordance with Law No 85/2014 on insolvency prevention and insolvency proceedings.
The general insolvency procedure applies to:
1. Professionals (all those operating an undertaking), with the exception of those practising liberal professions and those for whom there are special provisions relating to the insolvency regime.
The simplified insolvency procedure applies to:
1. Professionals;
2. Debtors meeting a number of specific criteria, namely:
Since the end of June 2014, insolvency proceedings are governed by Law No 85/2014 on insolvency prevention and insolvency proceedings, the provisions of which apply to legal processes initiated after its entry into force. Legal processes initiated before the entry into force of Law No 85/2014 remain subject to the provisions of Law No 85/2006 on insolvency proceedings.
The Insolvency Proceedings Bulletin contains all procedural acts issued by the courts and insolvency administrators/liquidators in the course of insolvency proceedings, namely:
The website of the Insolvency Proceedings Bulletin provides access to the following:
The website of the Insolvency Proceedings Bulletin (BPI) has the following sections:
The Insolvency Proceedings Bulletin’s forms are available in the e-services portal of the National Trade Register Office in the section dedicated to the Insolvency Proceedings Bulletin, structured as follows:
The Insolvency Proceedings Bulletin is published in electronic format. The electronic version of the Bulletin can be accessed online on:
Access to services provided by the BPI is differentiated:
In ‘Insolvency Proceedings Bulletin online’, searches can be carried out using: the number and year of publication of a BPI issue, the name of the debtor, the tax identification number, the Trade Register registration number, the reference number of the court case or the BPI publication interval. With a paid subscription, subscribers can access BPI back issues containing procedural acts in full.
The ‘BPI issue summary’ can be searched using the number and date of the BPI issue. The following information can be accessed free of charge:
The ‘Persons published in the BPI’ can be searched using the number and year of publication of a BPI issue, the name of the debtor, the tax identification number, the Trade Register registration number, the reference number of the court case or the BPI publication interval. The following information can be accessed free of charge:
The Insolvency Proceedings Bulletin was set up in 2006, pursuant to Law No 86/2006 on insolvency proceedings.
The main objective of the Romanian Insolvency Proceedings Bulletin is the ongoing optimisation of the electronic system of summonses, notices, convocations and notifications of procedural acts published.
The publication of the Insolvency Proceedings Bulletin has clear benefits:
Official website of Romania's Insolvency Proceedings Bulletin
Official website of Romania's Trade Register
E-services portal of Romania's National Trade Register Office
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