Assets of Blue Air and other companies were auctioned on a platform specialized in the sale of assets of companies in difficulty, the value of the proceeds being 32.591 million euros in the year 2025, of which 90% represents real estate – land, buildings and turnkey businesses.
Blue Air's assets were auctioned last year. Archive photo
Among the most expensive movable goods sold are the five Boeing aircraft hulls that belonged to the Blue Air company and which were awarded with prices ranging from 42,000 to 48,000 euros.
Blue Air entered insolvency, upon request, the Bucharest Court admitting on March 21, 2023 the requests of ROMATSA, Blue Air Technic, Air Claim and Cluj Airport. In January of the same year, ANAF seized six Blue Air aircraft on account of the airline's outstanding fiscal obligations, specifying that the amount owed exceeds 402 million lei.
Assets of over 32.5 million euros, sold in 2025 on a specialized platform
An auction platform specialized in the sale of assets of companies in difficulty and beyond, announced that in 2025, it sold assets worth more than 32.5 million euros, in more than 2,300 auctions.
The most expensive property sold last year on azitis.com was a plot of land with an area of almost 80,000 square meters, with buildings, in Sibiu, suitable for real estate development. It was awarded by an investor for 7.84 million euros plus VAT.
“Apartments, commercial spaces and industrial sites were the most sought-after real estate on the platform in 2025. Last year, we sold real estate for over 29.4 million euros, in total, and at the beginning of 2026 we have land and buildings listed for sale all over the country, worth more than 80 million euros. The most attractive investment opportunities remain in the residential-commercial area, but we are also seeing a significant increase in demand in the segment logistics, which is becoming the backbone of the new economy.The massive demand for industrial warehouses located in strategic areas is driven by the increase in online consumption and the fact that many European and American companies have moved their production closer to home to avoid global bottlenecks“, said Flavius Drăghici, COO of azitis.com.
Hidroconstructia assets, including a port on the Danube, sold for 5.84 million euros
The top transactions of 2025, regarding the real estate assets of companies in financial difficulty, include a restaurant and an office building in Râmnicu-Vâlcea (1.78 million euros), a building plot in Târgu-Jiu (1.48 million euros), a former port on the Danube in Mehedinți (1.3 million euros) and an office building in Timișoara (1.28 million euros) – all belonging to initially to Hidroconstrucția, an insolvent company. However, the most auctioned good was a land of about 25,000 square meters in the town of Izlaz (131 offers).
In total, the platform supported more than 2300 auctions last year, recorded more than 900,000 unique users and approximately 9.7 million site views, and listed assets had more than 59 million impressions. The total value of the goods listed in 2025 exceeded 125 million euros, of which more than 380 goods were sold, most of them at the first auction.
At this moment, 542 goods divided into 11 categories are being auctioned, from constructions, machines, cars, to equipment and office equipment, which add up to a total value of over 90 million euros. All the listed assets represent acquisition opportunities for any natural and legal persons, being sold by companies in insolvency, bankruptcy or facing various situations of foreclosure or voluntary liquidation of portfolios.
The former Ramada hotel in Brașov, put up for sale
Cars and construction equipment sell the fastest, and one of the most sought-after assets is a multi-functional building (S+P+Mez+4E+M), 1,748 usable sqm, located in sector 1 of the capital, which has over 23,000 views and a starting price set at 980,000 euros. At the moment, the most valuable asset on the platform is the former four-star Ramada hotel, operational, located in Săcele, Brașov county.
“In 2026, we will continue to develop the platform for users with new tools that will integrate artificial intelligence. Buyers will be able to interact with a personal assistant that will support them in creating an account and in the process of participating in auctions. In parallel, we are building a gamification area that will advise buyers on the optimal investment in a certain asset, depending on the purpose of the purchase, but also a simulator that will allow users to see the final effect of the transformation of the asset after the purchase – from example, what a construction on a vacant lot will look like. We estimate that we will invest about 1 million euros this year in improving the user experience”claims Vasile Godîncă-Herlea.
By the end of 2026, the company aims to list goods with a total value of more than 150 million euros and record sales of more than 50 million euros.
