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Bankrupt Elektrim still attractive to daring investors

On Friday, bourse investment vehicle Stormm, in which Niebrzydowski's mother Elżbieta Sjoeblom has a one third ownership, announced that the purchase of 525,000 shares in Elektrim. Moreover Stormm subsidiary Mostostal-Export-Dom signed a revolving loan amounting to zł.30 million for purchasing shares. "I have announced that I will increase my involvement above 5% and I still maintain these plans. Execution took longer than anticipated," said Maciej Niebrzydowski. He added that Elektrim is within his scope of interest, as a company in danger, bearing a high potential rate of return along with higher risk. And Elektrim is currently in the middle of bankruptcy proceedings, which includes delivering a list of assets that could be sold in order to carry out a potential settlement with creditors.

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