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 report for 2017 on time. In April, Chemoservis-Dwory informed in a market filing it was in a “difficult financial condition,” and did not rule out restructuring. Two weeks before that it received a call for bond payments for some PLN 16.5 million from Noble Funds TFI, Distressed Assets FIZAN, and Open Finanse Obligacji Przedsiębiorstw FIZAN.