New Plan of the Administrative Proceedings for Dalekovod d.d.

At today’s court hearing related to the Administrative proceedings for the company Dalekovod d.d., the Settlement Council accepted proposals of the majority of creditors for the preparation of a new plan of their claims settling, and gave them the period of 15 days for its submission.
The reason for this are changed circumstances in relation to the proposed plan at the opening of the administrative proceedings on 20 December last year, as well as discussions of the company’s management with the major creditors.

“We have expected this decision since in the past contacts and discussions with our major creditors we obtained the confirmation of the real wish to find the most acceptable solutions of our debts towards them”, pointed out the president of the Management Board of Dalekovod d.d. Matjaž Gorjup and added:

“I believe that in two weeks we will have the plan of claims settling will be ready and accepted by the majority of creditors, which is also the prerequisite to conduct administrative proceedings. Thereby we would make an important step towards the continuation of the company’s successful operation, but also towards the restructuring.“

Dalekovod d.d.
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