Summa Defence Applies for Corporate Restructuring

Ilta-Sanomat

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Summa Defence has sold its subsidiaries to obtain financing.

yle

arvopaperi.fi

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Tärkeimmät talousuutiset | Kauppalehti…

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The company announced in September that its working capital had run out and liquidity had significantly weakened.

Helsingin Sanomat

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The company announced in September that its working capital had run out and liquidity had significantly weakened.

T&T

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Summa reported a weakening of liquidity in September. If the restructuring is not successful, bankruptcy may be imminent.

Dagens industri

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Finnish defense and security company Summa Defence has decided to apply for corporate restructuring, according to a press release.

SSS.fi

ts.fi

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The defense company Summa Defence and its subsidiary Summa Holding are applying for corporate restructuring. According to the company's press release, the applications have been filed with the Helsinki District Court today. Last month, the company announced that its working capital has run out and its liquidity has weakened significantly. The group's other subsidiaries are not subject to the applications, and they will continue their operations.…