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Rojal Market on verge of bankruptcy

"It seems that the company Rojal Market, owned by Tan-Viet, lost financial liquidity and has ceased to settle its liabilities to vendors. As far as I managed to find out, some of the accounts have been seized by the bailiff," said Artur Sikorski, debt collector of one of the vendors. He went on to say that he proposed to Nguyen Nan Thang, president of Rojal Supermarket, to repay the liabilities in installments, but he refused to make the payments. "If the firm does not change its approach to creditors and it will not decide to restructure its debt, it will go bankrupt," said Sikorski. Other suppliers confirm that this is the case, but for instance Maspex received all of its money. "The situation in Rojal Market is difficult, but the company is still operating," said Tomasz Burczyk, Tan-Viet management board member. (Puls Biznesu, pp. 1, 10) M.M.

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