Brief: ECG To File For Insolvency Proceedings

Euroconsult Engineering Consulting SA

28/09/2018 06:31

Sept 28 (Reuters) - Euroconsult Engineering Consulting Group
SA  ECG.MC :
    * SAID ON THURSDAY IT WAS NOT POSSIBLE TO COMPLETE THE
AGREEMENT
WITH COMPANY'S CREDITORS WITHIN ESTABLISHED DEADLINES
    * BOARD OF DIRECTORS OF ECG INFORMS DECIDED TO FILE FOR
INSOLVENCY
PROCEEDINGS, CONTINUING ITS NORMAL OPERATIONS
    * IT IS ECG'S INTENTION TO REACH AGREEMENT WITH CREDITORS TO
RESTRUCTURE PART OF ITS LIABILITIES IN SUCH A WAY THAT FINANCIAL
STABILITY AND NORMAL DEVELOPMENT OF ITS ACTIVITY ARE RECOVERED


    
 Source text: https://bit.ly/2DAWI3f
    
 Further company coverage:  ECG.MC  
   


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