hemical company Kemiplas is selling its chemical plant piece by piece. The buyer is based in Russia. Foto: BoBo
hemical company Kemiplas is selling its chemical plant piece by piece. The buyer is based in Russia. Foto: BoBo

All 8 million euros of debt are expected to be repaid with proceeds from asset sales. However, several issues have arisen during the compulsory settlement proceedings. Therefore, compulsory settlement administrator Blaž Štrumpfl said that other assets would be sold off as well.
Management has succeeded in persuading the court that the company will fully reimburse all creditors within three years. All former employees were awarded unemployment compensation.