The company Ibiza Sol, founded in 2006 by a group of investors from Spain, entered insolvency in 2012. The company has debts of 204 million lei, including 106 million lei to Alpha Bank Romania SA and RI Eastern European Finance, through Raiffeisen Bank.


The residential complex Ibiza Sol includes 14 buildings, totalizing 304 units (apartments with 2, 3 and 4 rooms), being situated in the northern Bucharest, near the American School. (Source: