Tubes Reunited Requests the Contest of Creditors After Finding Their "Imminent Insolvency"
20 Articles
20 Articles
Tubos Reunidos has applied to a court in Álava for the declaration of a voluntary contest of creditors for the company and its subsidiaries after having established its “imminent insolvency”. The company has informed the National Securities Market Commission (CNMV) of the situation, which has decided to suspend the negotiation of its shares in the Stock Exchange. The board of directors has taken the decision motivated by the treasury tensions th…
The CNMV has decided to immediately suspend the listing of the shares of Tubes Gathered on the Stock Exchange.
The historic signing of the Basque metallurgy Tubos Reunidos has asked a court in Vitoria to enter into competition with creditors in the face of the situation of "imminent insolvency" that it is going through. A decision derived, according to the company, from the "tendencies of cash flow" that it has been suffering in recent months, aggravated by "undesired paralysis" of the activity in the plant of Amurrio (Vizcaya). At the beginning of Febru…
The threat to the company Tubos Reunidos has finally been met. The company informed the National Securities Market Commission (CNMV) this Monday that presents the contest of creditors, after its board of directors has learned that, “because of the tensions of treasury that has been suffering” the company in recent months, exacerbated by the undesired paralysis of the activity in its plant in Amurrio, the company is in a situation of imminent ins…
The company Tubes Reunited has requested this Monday before a court of Álava the declaration of voluntary contest of creditors for the company and its subsidiaries after verifying...
The Basque steel company Tubos Reunidos has requested the declaration of voluntary competition from creditors after finding a situation of "imminent insolvency".This has been notified by the Board of Directors of the firm to the National Securities Market Commission (CNMV) this Monday through a statement.The company justifies the request "for the tensions of cash flow" that it has suffered in recent months "and that they have worsened due to the…
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