Will this be the first bankruptcy in the new government’s term?  Ravaco’s shareholders are running out of patience

The thriller involving Ravako has been going on for years and has already seen many twists and turns. There are several signs that the company’s general meeting scheduled for Thursday may give the final answer to the question – what’s next for the Polish company from Raciborz, which employs nearly 900 people. Shareholders will decide whether to approve the unconditional conversion of debt into company shares. This solution is required by the state-owned enterprises of the Polish Development Fund Group: PFR TFI and Export Credit Insurance Company (KUKE), which fully controls about 11 percent. Ravako shares, as well as the Industrial Development Agency, which had previously lent Raciborz PLN 100 million.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Nuclear power plant in Poland. Westinghouse and Bechtel formed a consortium

A consortium will build a nuclear power plant in Pomerania ESC Design…

Another wave of layoffs at Amazon. Giant will pay 9 thousand. employees

Amazon CEO Andy Jassy said on an internal call The company will…

Balance of the PiS government. Look at the state in which it leaves public finances

It is time to hold the PiS government accountable for its actions…

Vectra fine from UOKiK. He will pay 22 million PLN. “Illegal fee increase.” decreased by PLN 5

Vectra has been punished before Consumer Competition Protection Bureau. Opinion yukik one…