Locked content Court declares Admiral Boats bankruptcy

The District Court in Gdańsk declared the bankruptcy of Admiral Boats, the company said on Thursday. At the same time, the court dismissed an application to approve terms of Admiral Boats sale in the course of the liquidation procedure. The Management Board of Admiral Boats filed an application for ...

Locked content Hyperion ceases telecommunication activities due to bankruptcy

Hyperion ceased its telecommunications activities because of bankruptcy, Office of Electronic Communications (UKE) said. UKE takes measures to minimize the negative effects for consumers. “Hyperion bankruptcy means that subscribers do not have access to telecommunications services, and the pro...

Locked content Próchnik files for bankruptcy, awaits restructuring ruling

Clothes producer Próchnik filed with the District Court in Łódź for the bankruptcy of the company – Próchnik informed in a statement. At the same time, the Management Board requests that the application be withheld until the court issues final ruling regarding the company’s earlier restr...

Locked content Chemoservis-Dwory files for bankruptcy

WSE-listed chemical and industrial infrastructure operator Chemoservis-Dwory has filed for bankruptcy citing difficult financial condition, said the company in a statement on Thursday. WSE suspended trading of Chemoservis-Dwory’s shares as of May 2. The company did not provide its annual repor...

Locked content Alma Market to be liquidated

The district court in Kraków has decided to discontinue restructuring of retail chain Alma Market, the company said in a statement. The retailer has decided to liquidate its assets instead. In mid-September Alma Market filed for restructuring proceedings in order to improve its financial situation a...

Locked content Two OEG subsidiaries file for bankruptcy

  Two subsidiaries of the Olympic Entertainment Group (OEG) – Bain and Silver Investments – have filed court applications for bankruptcy, OEG reported on Monday. OEG stresses that the submission of these applications represent “no additional direct impact” on the Group’s operations....

Locked content KNF suspends SKOK Skarbiec and files for bankruptcy

Poland decided to suspend operations of a troubled savings & loan institution SKOK Skarbiec with ca. PLN 97 mln in client deposits, which opens the door to a bankruptcy procedure and payments from the banking guarantee fund BFG, financial market regulator KNF said in a statement. A bankruptcy mo...

Locked content KNF: Court approves SKOK Arka’s bankruptcy

The Regional Court in Katowice has issued a decision declaring the bankruptcy of savings & loan institution SKOK Arka, the Financial Supervision Authority (KNF) announced on Wednesday. In May, the KNF suspended the activity of SKOK Arka and filed a motion for the firm’s bankruptcy, with ne...

Locked content KNF suspends SKOK Arka and files for bankruptcy

The Financial Supervision Authority (KNF) has suspended the activity of savings & loan institution SKOK Arka and filed a motion for the firm’s bankruptcy, with nearly PLN 100 million in client deposits, the KNF said in a statement. According to the KNF, the bankruptcy motion was filed sinc...

Locked content KNF suspends SKOK Jowisz

As of April 22, the Polish financial watchdog KNF suspended operations of savings & loan institution SKOK Jowisz and filed a motion for the firm’s bankruptcy, the KNF said in a statement. SKOK Jowisz deposits’ value reached PLN 82.5 million. A bankruptcy motion, filed by KNF, constit...