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    CISH — Clean Industry Solutions Holding Europe AB News Story

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    Brief: Clean Industry Solutions Holding Europe AB's Subsidiary Industrial Solar GmbH Will File For Insolvency Proceedings In Germany

    Picture of Clean Industry Solutions Holding Europe AB logoClean Industry Solutions Holding Europe AB
    03/12/2023 09:18
    Dec 3 (Reuters) - Clean Industry Solutions Holding
Europe AB  CISH.ST :
    * CLEAN INDUSTRY SOLUTIONS HOLDING EUROPE AB'S SUBSIDIARY
INDUSTRIAL SOLAR GMBH WILL FILE FOR INSOLVENCY PROCEEDINGS IN
GERMANY
    * CISH HOLDING- IF RECONSTRUCTION IS NOT POSSIBLE WITHIN
INSOLVENCY PROCEEDING, REBECCA SCHWANTES WILL TAKE OVER AS CEO
OF CISH HOLDING
    * CISH HOLDING-IF INSOLVENCY PROCEEDING WILL NOT BE
SUCCESSFUL,
BUT END IN BANKRUPTCY, CISH WILL HAVE TO WRITE OFF ASSET CAUSING
LOSS OF ABOUT 15 MSEK

Source text for Eikon:  ID:nWkr9rskCb 
Further company coverage:  CISH.ST 

 ((Reuters.Briefs@thomsonreuters.com;))

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