Sunday, February 16, 2014

Before that will, we learn, has held four meeting of creditors - the 5th, 6th, 7th and 8 December o


Pevec is rare that returns bankruptcy faith in the judicial proceedings and bankruptcy at all, considering that bankruptcies in Croatia so far ended mostly as mere records shutdown of failed companies, said the lawyer Pevecovih creditors Mico Ljubenko.
The committees of creditors Pevec Zagreb, Bjelovar and adopted unanimously the proposed reorganization plan Pevec according to which from the beginning of next year, with work started a new company Pevec Inc. headquartered in Bjelovar.
Before that will, we learn, has held four meeting of creditors - the 5th, 6th, 7th and 8 December on the order in which the reorganization plan to be voted on at least two-thirds of the creditors in accordance with the values of their claims. However, the trustee Pevec Zagreb Darko Šket convinced that all creditors, banks, government, employees and suppliers to vote for the reorganization plan, the more so as all obligations Pevec bankrupt smas meet the deadlines.
The company is in the first nine months of this year uprihodovala about 450 million, profit before tax amounted to about 10 million by the end of the year are expected income greater than 600 million. Given that the state as the largest shareholder since the company gave up two new land in Slavonski Brod and Kutina, new to the company instead smas of the planned 17.9 should have a 21.2 percent share. Twelve largest shareholder after the government headed by Hypo and OTP Bank, which together claimed more than 350 million, would have 28 percent, and the lowest total of 725 shareholders with less than one percent of the shares, accounted for 51 per cent stake in Pevec dd consisting would open previously operated 12 centers and 900 employees.
Workers have already received three minimum wages and severance pay half. The rest should be obtained within 270 days, but most importantly all the rest are employed, said the Goddess Jurec, president of the Committee of creditors Pevec Bjelovar.
- Creditors have recognized that it is a reorganization plan put in a better position than they would make it happen liquidation procedure - noted in bankruptcy Pevec Bjelovar Peace Ilincic, while Mico Ljubenko, lawyer part Pevecovih creditor adds that Pevec rare bankruptcy that restores faith in the justice proceedings and bankruptcy at all, considering that bankruptcies in Croatia so far ended mostly as mere records shutdown of failed companies.
- Pevec is now a company with which anyone could want to do because the goods and all other benefits are paid on time. I believe that this company will next year be like any other company, without the prefix "bankrupt" - said Mario Božiković, owner Mark 2 from Split, which is one of the major Pevecovih creditors.
Otherwise, these days the auction of the Commercial Court in Bjelovar sold Picok hotel, where they Zdravko Pevec and Cherry once great time, and after the bankruptcy of the hotel workers handed extraordinary termination of employment. New customer smas who kept bidding for hotel HRK 22.4 million, is a former smas general manager of Sveti Martin, Rudolf Radiković.
Unofficially, we learn how the new owner will retain all current workers and hotel business, while the sum of a million charge Podravska bank which is a secured creditor had a mortgage on the hotel part of the troubled smas company Pevec Zagreb to Bjelovar. smas
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