Ostrava Liberty Wants to Buy Ex-Minister Pecina, Administrator Asks for a Higher Price

The only interested party in the bankrupt Liberty Ostrava steelworks, which was controlled by British-Indian businessman Sanjiv Gupta until last year, is SPV Nova Hut. This company, with a registered capital of 20,000 crowns, was founded at the end of March by the former Minister of the Interior for the ČSSD and former head of the Antimonopoly Office Martin...

Only the company SPV Nova Hut has submitted a binding offer to buy the bankrupt Liberty Ostrava steelworks. Its owner is former Interior Minister Martin Pecina, who has declared his will to continue operating the company. However, according to insolvency administrator Šimon Peták, the offered amount is too low. Therefore, he wants the interested party to increase it, said the insolvency administrator's spokesman Michal Štefl.

The fate of the bankrupt Liberty Ostrava steelworks will be decided by the only binding offer submitted by the company of former Interior Minister Martin Pecina. The insolvency administrator described it as low, and after the increase, the verdict of the creditors is now awaited.

Only the company SPV Nova Hut submitted a binding offer to buy the bankrupt Liberty Ostrava steelworks. Its owner is former Interior Minister Martin Pecina, who has declared his will to continue operating the company. However, according to insolvency administrator Šimon Peták, the offered amount is too low. Therefore, he wants the interested party to increase it, said Michal Štefl, a spokesman for the insolvency administrator, on Wednesday. He d…