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Key victory

The ruling backs their claim that the company violated an agreement with bondholders on four occasions and because of this it must immediately purchase the bonds with outstanding interest. "We will not comment on the issue, as we have yet received neither the ruling nor its justification," said Elekrim's spokeswoman Ewa Bojar, who claims that the enterprise has until December 15 to pay off the debts. It's thought that the bondholders could launch bankruptcy proceedings against the enterprise that owes them EUR 450 (zł.1,747) million.

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