INSOLVENCY: SVEA d.d.
COMPANY IN INSOLVENCY REGISTER: SVEA LESNA INDUSTRIJA D.D. – v stečaju
After the negotiations with the creditors for debt-to-equity swap and the government decision not to grant the second tranche of the state aid, SVEA, the leading Slovenian kitchen maker filed for bankruptcy in December 2013. It is a great opportunity for a foreign investor to acquire the company’s tangible and intangible fixed assets, provide working capital and access to new markets. The company’s highly skilled and dedicated shop-floor workers will spare no effort to make a turnover programme work under new management.