Three subsidiaries of construction company Lehto Group file for bankruptcy
6 Articles
6 Articles
The downturn in the construction industry claimed new casualties.
Companies that file for bankruptcy cover virtually all of Lehto's residential and commercial property construction businesses and thus account for the majority of Lehto Group's net sales. Options are being assessed for the remaining companies.
Lehto Group subsidiaries Lehto Asunnot, Lehto Tilat and Lehto Korajusfile for bankruptcy.
Lehto Group: “Lehto is evaluating options for the continuation, sale or restructuring of the parent company and the remaining subsidiaries.” The Boards of Directors of Lehto Group Plc's operating subsidiaries Lehto Asunnot Oy, Lehto Tilat Oy and Lehto KorjausOy have decided today to file bankruptcy applications for the companies, Lehto Group said in a stock exchange release at 9:00 a.m. Lehto Asunnot Oy, Lehto Tilat Oy and Lehto KorjausOy cover …
Companies that file for bankruptcy cover virtually all of Lehto's residential and commercial property construction businesses and thus account for the majority of Lehto Group's net sales. Options are being assessed for the remaining companies.
Companies that file for bankruptcy cover virtually all of Lehto's residential and commercial property construction businesses and thus account for the majority of Lehto Group's net sales. Options are being assessed for the remaining companies.
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