Beskrivning
| Land | Norge |
|---|---|
| Sektor | Fastigheter |
| Industri | Förvaltning |
2024-04-11 10:56:32
Porsgrunn, 11 April 2024: Reference is made to the stock exchange notices on 14
March and 19 March 2024 regarding the petition for bankruptcy filed against
Recreate ASA ("Recreate" or the "Company"). The Company, together with its
relevant stakeholders, worked tirelessly leading up to the court hearing to
identify viable solutions. Unfortunately, and despite these efforts, it was
ultimately not possible to reach an agreement between the stakeholders on a
restructuring plan due to the complexities of the situation. Therefore, today,
the court held a hearing to process the bankruptcy petition, which the Company
did not contest. The court just provided its ruling, initiating bankruptcy
proceedings in the Company.
For further information, please contact:
Emil Eriksrød, CEO
emil.eriksrod@recreate.no
+47 415 22 463