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Grobina AS (GRZ1R.RI)

GRZ1R.RI on Riga Stock Exchange

7 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Grobina says Liepaja Court approves amendments for legal protection process plan
Monday, 6 Mar 2017 10:06am EST 

Grobina AS :Announces that the Liepaja Court has approved amendments for legal protection process plan.  Full Article

Grobina FY 2016 net results swings to loss of 4.3 mln euros
Tuesday, 28 Feb 2017 08:33am EST 

Grobina AS : FY 2016 turnover 2.7 million euros ($2.86 million) versus 6.2 million euros year ago .FY 2016 loss for period 4.3 million euros versus profit 1.2 million euros year ago.  Full Article

Grobina 9-month turnover tumbles at EUR 2.6 mln
Friday, 9 Dec 2016 03:16am EST 

Grobina AS : Company's first nine months of 2016, net turnover is 2.6 million euros ($2.76 million), it has decreased by 46% compared with first nine months of 2015 .9-month net loss 4.0 million euros versus profit 155,645 euros year ago.  Full Article

Grobina Q1 net turnover down 25 pct
Friday, 5 Aug 2016 07:53am EDT 

Grobina AS : Q1 net turnover 1.6 million euros ($1.78 million) down 25 per cent compared with Q1 of 2015 .Q1 loss 2.2 million euros versus profit 497,969 euros y/y.  Full Article

Grobina share capital denomination
Tuesday, 28 Jun 2016 08:50am EDT 

Grobina AS : Public bearer share issue current nominal value of 1.00 latvian lati denominated to 1.40 euros ($1.55) .Current share capital of 500,000 euros, which consists of 500,000 shares after denomination expressed in 700,000 euros.  Full Article

Grobina AS: : About the Legal Protection Proceedings initiation
Thursday, 7 Apr 2016 01:05am EDT 

Grobina AS:Liepaja court decides to propose JSC GROBIŅA legal protection proceedings.Court sets a deadline to JSC GROBINA to develop and align legal protection process action plan until June 6.  Full Article

Grobina AS to submit application to court for legal protection process
Tuesday, 5 Apr 2016 02:53am EDT 

Grobina AS:Since is unable to meet its obligations towards its creditors to submit application to court for legal protection process.On April 5 on court of Liepaja will be submitted a relevant application.After court decision to continue production as usual and to develop and agree with its creditors specific legal protection process plan, applying to the Insolvency Law provided legal protection methods.  Full Article

Grobina AS reaches deal with creditor
Monday, 14 Dec 2015 07:36am EST 

Grobina AS:Says ‍Finnish auction house Saga Furs this year has completely removed mink collection from December auction.As a result, sale for mink what was produced in this year, will be organized only in 3 auctions and December mink will not be traded.Says management is working with its creditors on accumulated debt repayment transfer to 2016, providing repayment of debt of March and June 2016 mink auction revenue​​.Says reached agreement with ‍creditor Hedensted Grouppen on payment extension of debt which was accumulated in 2014, transfering its repayment from 2016 auction revenue.Says ‍thus submitted application of bankruptcy on Dec.11 by Hedensted Grouppen will be withdrawn​.  Full Article

Grobina AS concludes two loan agreements with JSC Citadele Banka
Friday, 29 May 2015 06:03am EDT 

Grobina AS:Concludes two loan agreements with JSC "Citadele Banka".Says all application announced by JSC "Citadele Banka" about real estate voluntary auctions in July 6,to be withdrawn.Signs loan agreement with limited partnership FlyCap investment Fund I AIF on amount of 1 million euros according to procedures established in contract with Citadele Banka.The loan is issued for a period up to May 29, 2020 with a fixed interest rate.2014 audited review together with auditors findings will be published no later than June 2.  Full Article

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