10. 08. 2012
There took a place a court meeting on case of insolvency proceeding on PILSEN STEEL s.r.o on 8th August 2012. The result of this court meeting is providing a 14-day term to find a way to satisfy creditor’s outstanding debts.
At this time PILSEN STEEL s.r.o. negotiate with a potential interested person about financial strategic cooperation residing in provided provision for creditor’s outstanding debts satisfaction and also for renewing company’s production. However negotiations are not finished yet and PILSEN STEEL is not authorized to make public the identity of this interested in cooperation person. It will depend also on biggest creditors’ positions to find a proper decision, mostly “Vnesheconombank”.
PILSEN STEEL s.r.o. appreciates support of its business partners who also accepted to provide above-mentioned term.
PILSEN STEEL s.r.o. also very appreciate attitude of its employees who stands for this company in this difficult situation. PILSEN STEEL confirms that at this time there is no significant employees’ walkouts in the company.
United goal of company’s management, employees and partners is to renew company’s production, and PILSEN STEEL works actively in this direction.