Kerdos Group again files for bankruptcy

Today, Kerdos Group filed for protection under the bankruptcy code in the court in Warsaw, the company informed. "The board made ​​this proposal due to the potential risk of rejection of the debtor's request in terms of opening the rehabilitation proceedings," the statement read. Company also requested a recognition of the restructuring application. Earlier in November 2015, Kerdos filed motion for bankruptcy with liquidation of assets. A month after that, company announced it withdrew the motion to be declared bankrupt with liquidation of assets. Kerdos is a holding company focused on trade operations in the hygiene and household cleaning product sectors. In the third quarter of 2015, it recorded a consolidated net loss of over PLN 82 million.