Brief: Coal Energy Sells Assets As Part Of Business Restructuring

Coal Energy SA

09/12/2020 06:56

Dec 9 (Reuters) - Coal Energy SA  CLEP.WA :
    * SAID ON TUESDAY THAT AS PART OF BUSINESS RESTRUCTURING THE
COMPANY SOLD ASSETS LOCATED IN THE TERRITORY, WHICH IS NOT
CONTROLLED BY THE UKRAINIAN AUTHORITIES
    * THE MANAGEMENT EXPECTS THIS WOULD REDUCE RELEVANT LOSSES
CONNECTED WITH IDLED CAPACITIES AND WOULD HAVE POSITIVE IMPACT
ON FURTHER STABILIZATION OF FINANCIAL POSITION

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM216QQfa
    
 Further company coverage:  CLEP.WA  
   


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