US EditionBillions of Ex-Politician Peciny: He Buys Steelworks for Investors
6 Articles
6 Articles
Former Social Democratic politician, later Zemanovec and today businessman Martin Pecina is not buying the bankrupt Liberty Ostrava steel mill for himself, but for other investors. He wrote this to Novinke without further details. He is to pay three billion crowns for the main plant and coking plant. In March and April, he founded two new companies for this purpose.
The proposal of insolvency administrator Šimon Peták was approved by the creditors' committee and secured by the smelter's creditors. The association offered 3.01 billion crowns for the entire plant. The sale will still be approved by the insolvency court and the Office for the Protection of Competition (ÚOHS). The company could be transferred to a new owner in the fall, said the insolvency administrator's spokesman Michal Štefl. "According to t…
The new owner of the bankrupt Liberty Ostrava steelworks will be an association of companies SPV NH Ostrava and SPV NH Koksovna of former Minister of the Interior Martin Pecina. The proposal of insolvency administrator Šimon Peták was approved by the creditors' committee and the steelworks' creditors were secured. The association offered 3.01 billion for the entire plant...
Liberty Ostrava steelworks is changing hands. The bankrupt, indebted company, which was at least partially kept running thanks to tolling, was acquired by a consortium of companies SPV NH Ostrava and SPV NH Koksovna. Both companies are controlled by former Minister of the Interior and Industry Martin Pecina. The creditors' committee and the secured creditors unanimously agreed to the transaction.
Ostrava - The new owner of the bankrupt Liberty Ostrava steelworks will be an association of companies SPV NH Ostrava and SPV NH Koksovna of former Minister of the Interior Martin Pecina. The proposal of insolvency administrator Šimon Peták was approved by the creditors' committee and the creditors of the steelworks were the security. The association offered 3.01 billion crowns for the entire plant. The sale will still be approved by the insolve…
The new owner of the bankrupt Liberty Ostrava steelworks is businessman and former Minister of the Interior of the caretaker governments Martin Pecina, or rather his association of companies SPV Nová huť Ostrava and SPV Nová huť Koksovna. After weeks of negotiations, the creditors' committee approved this at the proposal of the insolvency administrator. Pecina was the only one in bankruptcy to submit a binding offer to buy the company in the amo…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
