Court decision on final liquidation of PBG’s subsidiary HYDROBUDOWA POLSKA
On September 17th 2012, the Management Board of PBG S.A. (in company voluntary arrangement) was notified of a decision issued on September 13th 2012 by the District Court for Poznań–Stare Miasto of Poznań, XI Commercial Insolvency and Arrangement Division (the Court), declaring the bankruptcy of HYDROBUDOWA POLSKA S.A. (in company voluntary arrangement) by liquidation of its assets. The decision will become final one week after the date on which it is served on the Company, unless it is appealed against before the lapse of that period.
For mor information see Current Report No. 96/2012