Radar > 221433

Teide 90 enters liquidation stage

Teide 90 entra en fase de liquidación

Intel ID : 221433
Synopsis

Teide 90, a construction company based in Palencia, entered liquidation stage since no buyers were found since it filed for bankruptcy.

Teide 90 started restructuring process in mid-2011. The company was affected by the real estate crisis in Spain.
(content in spanish)

Teide 90, compañía palentina dedicada al negocio de la construcción, ha entrado en fase de liquidación ante la falta de posibles compradores tras su proceso de concurso de acreedores.

La compañía constructora inició este proceso de reestructuración a mediados de 2011 cuando se vio afectada por el estallido de la burbuja inmobiliaria en España.

Target


Intel ID 221433
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
35.03.02 Building Contractors
35 Industrials / 35.03 Construction & Engineering

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.