Adevarul Holding and Click brands taken out for auction for unpaid debts

Newsroom 06/06/2012 | 11:44

Following a decision of the Bucharest Court, the brands under the umbrella Adevarul Holding and Click will be taken out for auction.

Up for grabs will be Adevarul Holding brand- starting price: RON 19.7 million, Click! brand- starting price: RON 745,000, TV Click! brand- starting price: RON 218,000, Bucharest 106.2 CLICK FM doar radio brand- starting price: RON 9,000, Click! fm brand- starting price: RON 9,000 and CLIC brand- starting price: RON 9,000.

Adevarul Holding, owned by businessman Dinu Patriciu, is under the obligation to pay RON 15.5 million towards Odyssey Communication, another company that belongs to Patriciu.

This sum represents the cumulated value of unpaid advertising services, trial costs and foreclosure.

Odyssey Communication went insolvent at the end of last year. The legal administrator of the agency is Acsis Solv I.P.U.R.L.

Otilia Haraga

 

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