February 28, 2018 / 10:16 AM / 3 months ago

BRIEF-KB Dom Unit Files For Bankruptcy

Feb 28 (Reuters) - KORPORACJA BUDOWLANA DOM SA:

* SAID ON TUESDAY THAT ITS UNIT, KORPORACJA BUDOWLANA DOM SP. Z O.O., FILED TO DISTRICT COURT IN GDANSK FOR OPENING REHABILITATION PROCEEDINGS AND FOR BANKRUPTCY DUE TO INABILITY TO SETTLE MONEY OBLIGATIONS

* THE APPLICATIONS FOLLOW REVISION OF BUDGETS OF CONTRACTS FOR CONSTRUCTION WORKS WHICH CAN DECREASE BY ABOUT 13.8 MILLION ZLOTYS

* ON FEB. 27 THE COMPANY RECEIVED INFORMATION FROM ING BANK SLASKI CONCERNING DECREASING AVAILABLE CREDIT LIMIT BY 1.5 MILLION ZLOTYS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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