Utilities - Natural Gas

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ISTRABENZ dd's report concerning implementation of financial restructuring published

Thursday, 20 Feb 2014 09:49am EST

ISTRABENZ dd:District Court in Koper published a report on the implementation of the financial restructuring of the company for the period from Oct. 1, 2013 to Dec. 31, 2013.

Gas Natural SDG SA to segregate its electricity generation business under internal reorganization

Friday, 31 Jan 2014 12:42pm EST

Gas Natural SDG SA:Says on Jan. 31, as part of the internal reorganization of the group, the Board signed a project of segregation of its electricity generation business in Spain in favour of its wholly owned subsidiary, Gas Natural Fenosa Generacion SLU.Says the purpose of the overall restructuring process is to group each line of business of the group under a separate entity in order to perform risk management and commercial and economic-financial management, specialized for each business area.

ISTRABENZ dd Announces Its Restructuring

Tuesday, 10 Sep 2013 09:23am EDT

ISTRABENZ dd announced that following a restructuring of the financial liabilities of the companies Istrabenz Turizem, d.d. and Istrabenz hoteli Portoroz, d.o.o. and after obtaining the approval of the creditor banks of the Company with regard to the above-stated executed agreements on restructuring, the Istrabenz Turizem Group has obtained the conditions required to start a new development cycle. Namely, a constituent part of the refinancing program are the investments in hotel development by means of which the company Istrabenz Turizem, d.d. will manage to consolidate its international competitive position. Most likely, the investment projects will be implemented by the end of 2015.

District Court in Koper Releases Report on ISTRABENZ dd's Financial Restructuring

Tuesday, 20 Aug 2013 02:59am EDT

ISTRABENZ dd announced that on August 20, 2013, the District Court in Koper released a report on the implementation of the financial restructuring of the Company for the period running from April 1, 2013 to June 30, 2013.

Gazprom gazoraspredeleniye Syktyvkar OAO Announces Reorganization of Subsidiary-SKRIN

Wednesday, 15 May 2013 12:32am EDT

SKRIN reported that Gazprom gazoraspredeleniye Syktyvkar OAO has decided to reorganize its subsidiary, SGsnab OOO, by spinning off SGsnab+ OOO.

Lietuvos dujos AB Announces Decision to Liquidate Subsidiary UAB Palangos Perlas

Friday, 1 Mar 2013 07:20am EST

Lietuvos dujos AB announced that it has adopted a decision on the liquidation of its subsidiary UAB Palangos Perlas with effect from February 28, 2013. The liquidation will be effected pursuant to applicable provisions of law of the Republic of Lithuania. The decision has been adopted in view of the fact that following the sale of the main asset of UAB Palangos Perlas, the hotel in Palanga, the scope of business activities of UAB Palangos Perlas became considerably narrower.

ISTRABENZ dd Announces Its Financial Restructuring

Thursday, 15 Nov 2012 08:00am EST

ISTRABENZ dd announced that the District Court in Koper issued a report on November 15, 2012, concerning the implementation of the financial restructuring of the Company.

Sui Northern Gas Pipelines Limited Announces Winding Up of Subsidiary

Monday, 1 Oct 2012 08:00pm EDT

Sui Northern Gas Pipelines Ltd announced that at its meeting held on September 26, 2012, the Company has accorded approval for winding up of Sui Northern LPG-LNG (Pvt) Limited, a wholly owned subsidiary of the Company, under Companies Easy Exit Scheme (CEES) launched by Securities and Exchange Commission of Pakistan (SECP).

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