Crystal in trouble, administrator proposes bankruptcy :: The crisis of development - actions and responses
Selnica the river Drava, 26 February (STA) - Company crystals Selnica along the Drava River, which is from April last year in receivership, continued to face severe liquidity problems. Around 110 employees with a delay of only receives net earnings, contributions do not pay for at least half a year. Administrator Walter Stepan is therefore suggested bankruptcy, a court hearing has been postponed three times.
The company's initiative management, led by Eugenio Miklus, net wages paid to employees in a legally questionable way through the company's crystal technology, which is also a major customer of their services. Employees cesijske contract is signed, by which their claims, thus wages vary Kristal techniques.
Miklus initiative is confirmed the fact that workers are only paid net salary and related overhead costs, initiative the last posts were partially settled in August last year. After more seeking the opinions of disbursement of wages through crystal technique is not in conflict with the law, workers can withdraw their claims but anyone wishing if only to find the transferee, he said.
Miklus In its latest report, published on the website of branch offices, among other things, to mention a business connection with the company crystal technique, which should settle the purchase of material and operating costs, and thus should be relieved of their company. By Kristal currently unable to settle obligations to suppliers, government and employees.
Nevertheless, the management company obviously does not want to break the agony and still waiting for the court to publish the results of the voting creditors approving the compulsory settlement. It would otherwise have happened at the end of last November, but the administrator initiative shortly before this court at Maribor lodged an objection against the conduct of insolvency proceedings and bankruptcy.
"When initiative forced to settle insist, because we have a large amount of unrecovered initiative claims, from current operations to one entity that promises repayment soon. For partial recovery of the claims we received a guarantee that has been sent for collection but not yet paid. Since we have exhausted all regular opportunities to get paid funds on the basis of this warranty, now terjamo initiative payment through the courts, "he said Miklus.
However, as the report notes the court administrator Walter Stepan, the crystal in the Financial Restructuring Plan for the 2014 plan something less than 50,000 euros profit in January but he has gained a little more than $ 10,000 loss. "The company from month to month is facing increasing financial difficulties and inability to meet its obligations," said Stepan.
Although the crystal is currently about 650,000 euros of outstanding claims to suppliers, employees and the state itself has 1.7 million outstanding receivables from the company's initiative crystal technique was hearing on the proposed opposition has already been postponed three times. Now, the court ruled on 24 April, and thus the management of the company gained extra time to settle all outstanding liabilities.
At Maribor Court for clarification that the hearing postponed several times because the debtor argued that the current liabilities settled and provided the guarantee statements and the parent. the parent company Crystal Technique that debt to the debtor in bankruptcy is settled.
Since the guarantee statements initiative submitted in the form of notarial acts and the debtor claims and has also submitted a document that already proceedings against the parent company to settle its obligations to the debtor, but also evidence that appropriate proceedings before the Italian courts to redeem the guarantee against natural persons, which would be settled in current liabilities of the debtor, the court adjourned the hearing. If the liability will not be settled, initiative will be addressed initiative objection to the conduct of compulsory settlement and accept the legal decisions are explained at the Maribor court.
Ljubljana, 10 April (STA) - The Commerce and Industry of Slovenia (CCIS) at raising initiative the excise initiative duty calls upon the Government to immediately cease such moves and withdraw the new burden on the economy. In their view, the measures for patching budget holes again preoccupying businesses, initiative thereby undermining even jobs with exporters. The Government has today taken on Sunday agreed measures [...] Banka Celje last year to 126 million euro loss
Celje, 10 April (STA) - Banka Celje last year generated 126.3 million initiative net loss after he created for 214 million of impairments and provisions. The loss was also five times higher than predlani, when it stood at just under 25 million. Impairment and provisioning costs a bank that operates within the NLB Group, the [...] striking Nafta Petrochem do not accept offers company management
Budapest, 10 April (STA) - Employees initiative of Nafta Lendava Petrochem at the 14 hours ended an eight-hour warning strike, the work now being carried out normally. Proposal for management of the payment of wages and contributions
Selnica the river Drava, 26 February (STA) - Company crystals Selnica along the Drava River, which is from April last year in receivership, continued to face severe liquidity problems. Around 110 employees with a delay of only receives net earnings, contributions do not pay for at least half a year. Administrator Walter Stepan is therefore suggested bankruptcy, a court hearing has been postponed three times.
The company's initiative management, led by Eugenio Miklus, net wages paid to employees in a legally questionable way through the company's crystal technology, which is also a major customer of their services. Employees cesijske contract is signed, by which their claims, thus wages vary Kristal techniques.
Miklus initiative is confirmed the fact that workers are only paid net salary and related overhead costs, initiative the last posts were partially settled in August last year. After more seeking the opinions of disbursement of wages through crystal technique is not in conflict with the law, workers can withdraw their claims but anyone wishing if only to find the transferee, he said.
Miklus In its latest report, published on the website of branch offices, among other things, to mention a business connection with the company crystal technique, which should settle the purchase of material and operating costs, and thus should be relieved of their company. By Kristal currently unable to settle obligations to suppliers, government and employees.
Nevertheless, the management company obviously does not want to break the agony and still waiting for the court to publish the results of the voting creditors approving the compulsory settlement. It would otherwise have happened at the end of last November, but the administrator initiative shortly before this court at Maribor lodged an objection against the conduct of insolvency proceedings and bankruptcy.
"When initiative forced to settle insist, because we have a large amount of unrecovered initiative claims, from current operations to one entity that promises repayment soon. For partial recovery of the claims we received a guarantee that has been sent for collection but not yet paid. Since we have exhausted all regular opportunities to get paid funds on the basis of this warranty, now terjamo initiative payment through the courts, "he said Miklus.
However, as the report notes the court administrator Walter Stepan, the crystal in the Financial Restructuring Plan for the 2014 plan something less than 50,000 euros profit in January but he has gained a little more than $ 10,000 loss. "The company from month to month is facing increasing financial difficulties and inability to meet its obligations," said Stepan.
Although the crystal is currently about 650,000 euros of outstanding claims to suppliers, employees and the state itself has 1.7 million outstanding receivables from the company's initiative crystal technique was hearing on the proposed opposition has already been postponed three times. Now, the court ruled on 24 April, and thus the management of the company gained extra time to settle all outstanding liabilities.
At Maribor Court for clarification that the hearing postponed several times because the debtor argued that the current liabilities settled and provided the guarantee statements and the parent. the parent company Crystal Technique that debt to the debtor in bankruptcy is settled.
Since the guarantee statements initiative submitted in the form of notarial acts and the debtor claims and has also submitted a document that already proceedings against the parent company to settle its obligations to the debtor, but also evidence that appropriate proceedings before the Italian courts to redeem the guarantee against natural persons, which would be settled in current liabilities of the debtor, the court adjourned the hearing. If the liability will not be settled, initiative will be addressed initiative objection to the conduct of compulsory settlement and accept the legal decisions are explained at the Maribor court.
Ljubljana, 10 April (STA) - The Commerce and Industry of Slovenia (CCIS) at raising initiative the excise initiative duty calls upon the Government to immediately cease such moves and withdraw the new burden on the economy. In their view, the measures for patching budget holes again preoccupying businesses, initiative thereby undermining even jobs with exporters. The Government has today taken on Sunday agreed measures [...] Banka Celje last year to 126 million euro loss
Celje, 10 April (STA) - Banka Celje last year generated 126.3 million initiative net loss after he created for 214 million of impairments and provisions. The loss was also five times higher than predlani, when it stood at just under 25 million. Impairment and provisioning costs a bank that operates within the NLB Group, the [...] striking Nafta Petrochem do not accept offers company management
Budapest, 10 April (STA) - Employees initiative of Nafta Lendava Petrochem at the 14 hours ended an eight-hour warning strike, the work now being carried out normally. Proposal for management of the payment of wages and contributions
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