Analysis of Vegrad’s subsidiaries in Slovenia demonstrated that it was necessary to draw up proposals for the start of bankruptcy proceedings over most companies in which Vegard controls a majority stake, announced receiver in bankruptcy Alenka Gril in her report. Value of business stakes in these companies will first be estimated and then sold.
Gril announced that it would prepare motions for the start of bankruptcy proceedings over limited companies Vegrad AV, Vegrad IN, Grbina and Vegrad Gradnja, and joint stock companies Vedela and Gina by the end of November. It is worth adding that Vegrad AM filed for bankruptcy at the end of last month.
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