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Liberty Steel submits lease offer for Czestochowa steelworks in Poland-锻造展-2025年第二十五届广州国际锻造工业展览会-Forging Exhibition-2025 China(Guangzhou) Int'l Forging Industry Exhibition
10/14/2024 锻造展-forging expo-forging exhibition--forging event |
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UK_based steelmaker Liberty Steel has announced that it has submitted a highly competitive oter for the lease ot theCzestochowa steelworks in Poland. The company has also submited a robust appeal against the decision of the Czestochowacourt to restart bankruptcy proceedings for Liberty Czestochowa.As part of its leasing offer, the company has committed to providing the Trustee with the immediate funds needed to payoutstanding bils and employees'' September salaries. This commitment would protect the value of the company''s assets and avoidthe mortgaging of the business''s assets
In addition, recently the majority of Liberty''s creditors officialy approved its robust restructuring and restart plan, as SteelOrbispreviously reported.
"We believe that our lease offer is compeling and provides the solution for the Trustee''s cashfow issues. it is also the best way toenable a sustainable future for the whole business, preserve the jobs at the steelworks and ensure creditors'' claims are paid in theguickest time. We also hope that the court will approve our robust restructuring plan, which has already been approved by the vastmajority of the company''s creditors," Thomas Gangl, CEO for Liberty Steel Europe, said.
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