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Ghelamco seeks investor trust

05:15

Ghelamco seeks investor trust
Source: Adobe Stock

Ghelamco, a major Warsaw office developer, is under pressure following board resignations, falling bond values, and a critical KPMG audit. In March, six executives stepped down, and in May, auditors questioned the company’s ability to continue operations. Ghelamco’s bond prices have since dropped to 60–70% of face value.

The firm blames its liquidity issues on the…

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