Kerdos Group files for bankruptcy again

Today, Kerdos Group filed for protection under the bankruptcy code in 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 rehabilitation proceedings," the statement read. The company also requested recognition of the restructuring application. Earlier in November 2015, Kerdos filed a motion for bankruptcy with liquidation of assets. A month after that, the company announced it had withdrawn the motion to be declared bankrupt with liquidation of assets.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.