10. 04. 2014
We consider the entry of the reorganization plan into force an essential step to successful completion of the reorganization and termination of the insolvency proceeding held against PILSEN STEEL which we expect in the second half of 2014.
We also consider this actuality a confirmation of the correctness of our decision to solve the bankruptcy through reorganization aiming at stabilization and optimization of manufacturing, sales, and financial activities of PILSEN STEEL.
Therefore, we can currently start fulfilling the particular points of the reorganization plan, which involves the restructuring and the relative settlement of the receivables of the registered creditors.