More and more companies, important for the German economy, are struggling with financial problems. Last year, losses due to insolvency were 48% higher than in the same period of previous years. As experts from PMR Restrukturyzacje SA warn, the German crisis may have a negative impact on Polish companies. Losses due to insolvency of companies in Germany have particularly affected the production, trade, construction, finance and transport sectors. However, the problems of companies with...

Many debtors agree to a very unfavourable calculation of the amount of the obligation in bankruptcy proceedings. If they divided the debt relief into two parts, some could save even several hundred thousand złoty. Let's imagine that a person who took out a loan indexed in Swiss francs intends to declare consumer bankruptcy. The bank reports a claim of PLN 250 thousand on the list being prepared. The amount results from the fact that the financial institution terminated the loan and calculated...

Experts expect an increasing interest in restructuring proceedings. The restructuring law has worked – experts assess after a year since its introduction. – Since the act came into force, i.e. from January this year to the end of October, 514 bankruptcy proceedings have been announced. This is 119 fewer than in the same period last year. During the same period, we recorded 155 restructuring proceedings – says Małgorzata Anisimowicz,...

Fewer dismissed employees, fewer creditors without money, fewer dramas and greater stability of the economy – these are the assumptions of the Restructuring and Bankruptcy Law, which came into force on 1 January 2016. Today, almost a year after the introduction of the new law, we can say that the operation was successful and the patient survived. However, as experts point out, he still has a long rehabilitation ahead of him – comments PMR Restrukturyzacje. Since 2003, i.e. since the introduction of the remedial regulations...

Let's imagine that a person who took out a loan indexed in Swiss francs intends to declare consumer bankruptcy. The bank reports a claim of PLN 250,000 on the list being prepared. The amount results from the fact that the financial institution terminated the loan and recalculated the entire obligation of the client at the current exchange rate. And yet we can easily find court judgments (for example in Szczecin, Łódź) in which it was stated that the bank has no right to recalculate the amount of the obligation when the loan is indexed...

PMR Restrukturyzacje SA specialists are constantly monitoring statistics on consumer bankruptcy proceedings and assessing the possibilities offered by the Bankruptcy Law. "The Act provides opportunities for consumers who, due to circumstances beyond their control, have not had a chance to get out of the situation they are in. This is real help for thousands of people in Poland who are unable to repay their debts. These people often live in the "grey zone" but want to work and live normally,"...

After the elections in the USA, the Swiss franc is climbing. It is already at PLN 4.16 and unfortunately, the upward trend is still visible. Thousands of Polish families who took out a loan for a desired apartment are losing ground, and politicians still do not have a good idea for a solution to their difficult situation. Some borrowers are therefore deciding to declare personal bankruptcy - informs the company PMR Restrukturyzacje. The number of loans and credits related to the Swiss currency in Poland is...

The number of consumer bankruptcies opened at the request of debtors since the beginning of this year has doubled in October compared to last year. There are currently 5,024 of them, but the actual needs are estimated at around 50 thousand. As PMR Restrukturyzacje SA experts convince, such dynamics of the growth of bankruptcies is very good news, because thousands of people who until now lived in a debt spiral and in the grey zone, avoiding bailiffs and enforcers, are getting a new chance, returning to work and to normal...

Archicom recorded PLN 8.52 million in consolidated net profit attributable to shareholders of the parent company in Q3 2016, compared to PLN 5.57 million in profit a year earlier, the company reported. Comp recorded PLN 3.94 million in consolidated net loss attributable to shareholders of the parent company in Q3 2016, compared to PLN 1.51 million in profit a year earlier, the company reported. Industrial Milk Company (IMC) recorded USD 17.12 million in consolidated net profit attributable to shareholders of the parent company...

The Administrator of HAWE SA w restrukturyzacji (in restructuring) with its registered office in Warsaw (the "Issuer") hereby announces to the public that on November 17, 2016, it received information from the Management Board of HAWE SA (in restructuring) in the person of Mr. Paweł Paluchowski that on November 16, 2016, the proxy of the Management Board of the Issuer filed with the District Court for the Capital City of Warsaw in Warsaw, 10th Commercial Division for Bankruptcy and Restructuring (the "Court") an application to dismiss the previous Administrator of the Issuer - Mr. Wojciech Makucia...