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Provider: Reuters Investment Profile
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Provider: Wright Reports
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$125.00

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Shelman Swisshellenic Wood Product Manufacturers SA Submitted Into Bankruptcy Protection Law


Tuesday, 5 Mar 2013 11:20am EST 

Shelman Swisshellenic Wood Product Manufacturers SA announced that it has submitted to the Court an application for bankruptcy protection under Article 99 of Law 3588/2007, which will be heard by the Multi Member First Instance Court of Athens. According to the Company, this action is necessary to ensure the smooth running of its operations, with the aim of reducing costs and saving cash in order to implement its development plan. 

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