Toggle accessibility panel
Alt 0
Accessibility settingsAlt S
Top accessibility panelAlt 1
Right accessibility panelAlt 2
Bottom accessibility panelAlt 3
Left accessibility panelAlt 4
Show keyboard shortcuts accessibility panelAlt 5
Toggle keyboard shortcuts accessibility panelAlt 6
Reset all accessibilityAlt Q
Change font sizeAlt A
Increase font sizeAlt +
Reset font sizeAlt X
Decrease font sizeAlt-
Change line height Alt H
Increase line heightAlt U
Reset line heightAlt J
Decrease line heightAlt M
Change letter spacingAlt >
Increase letter spacingAlt R
Reset letter spacingAlt F
Decrease letter spacingAlt V
Change word spacingAlt
Increase word spacingAlt E
Reset word spacingAlt D
Decrease word spacingAlt C
Readable fontAlt G
Highlight titles Alt T
Text zoomAlt Z
Invert colorsAlt I
Bright contrastAlt W
Dark contrast Alt B
Keyboard navigationAlt K
Big white cursor Alt Y
Big black cursor Alt N
Prevent animationAlt P
Skip to content page
0
0

FITEN S.A.'s difficult quarter. Board decides on restructuring

Share this article:

FITEN SA, which operates on the electricity and natural gas market, published a report for the first half of 2016, in which, in addition to the increase in revenues, it showed a loss caused, among others, by the difficult situation on the wholesale market. In order to protect the Company and its stakeholders, the Management Board decided on the necessity restructuring entity. As he emphasizes – the current situation will not affect the implementation of deliveries to end users, which will proceed without disruptions.

– The main assumption of the planned restructuring is the stable development of the business conducted by the Company, and the need for restructuring itself results from events beyond our control, as a result of which, without the initiation of protective proceedings, the threat of insolvency would very likely occur. We emphasize once again that the concluded contracts for the supply of energy and gas will be implemented without any problems, and our primary goal remains the high level of satisfaction of our customers. - informed in Statement of the Management Board Companies.

When opening the restructuring process, the Court allowed the Company to manage the enterprise to an extent not exceeding the scope of ordinary management, while it appointed an experienced entity as the administrator in the restructuring process. PMR Restructuring ARE

The material appeared on the website:

17 August 2016:
" FITEN S.A.'s difficult quarter. Board decides on restructuring
author avatar
PMR team

Share this article:

PMR in the media

pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
pmr-restructuring
years on the market
0 +
proceedings
0 +
customers
0 +
en_GBEnglish
Scroll to Top