Componenta Hoensbroek – Weert vraagt faillissement aan, 340 banen betrokken

Componenta files for restructuring

Componenta Corporation Stock Exchange Release on 1.9.2016 at 8.00

The liquidity of the Componenta Group has become critical due to greater than expected negative development of the turnover and profitability. The company has not been able to negotiate additional financing necessary due to this situation. Consequently, Componenta files for restructuring of the parent company i.e. Componenta Corporation and its subsidiaries Componenta Finland Oy in Finland and Componenta Främmestad AB, Componenta Wirsbo AB and Componenta Arvika AB in Sweden. As part of the arrangement it has been decided that Componenta’s Dutch subsidiary Componenta B.V. will file for bankruptcy. The intention is that Componenta Dökümcülük Ticaret ve Sanayi A.S. in Turkey will continue its operations without any official proceedings.

”Componenta Corporation has viable operations in Finland, Sweden and Turkey. Restructuring will make it possible for the parent company and its Finnish and Swedish subsidiaries to restore their capital structure and business operations and enables continuing profitable business. It is our intention to continue normal operations in Turkey,” says CEO and President Harri Suutari.

Componenta Corporation and its above mentioned subsidiaries in Finland and Sweden will file for restructuring with courts of competent jurisdictions 1.9.2016. The Dutch subsidiary will file for bankruptcy in a competent jurisdiction 1.9.2016. The filings will be processed according to the legislation of each respective country and their progress will be reported separately. The board of directors of Componenta Corporation has also decided to call an extraordinary shareholders’ meeting on 23 September 2016 to resolve upon the continuance of the restructuring filing pursuant to Chapter 20 Section 24 of the Companies Act.

 

Helsinki, 1 September 2016

COMPONENTA CORPORATION

 

Harri Suutari

President and CEO

 

Recent maakte componenta nog het volgende bekend:

Componenta gaat eind 2017 zijn ijzer- en metaalsmelterij in Heerlen sluiten. De productie wordt overgeheveld naar Weert. Zestig van de 340 mensen verliezen hun baan.

Opmerkelijk: in 2015 kondigde het beursgenoteerde Finse bedrijf nog aan dat Weert gesloten zou worden ten faveure van Heerlen.

In Heerlen heeft Componenta al jaren te maken met omwonenden die klagen over stankoverlast.

Componenta verkeert in zwaar weer. Het bedrijf lijdt al jaren op rij zware miljoenenverliezen. Over 2014 17 miljoen euro.

Met een consortium van banken is het bedrijf recent geherfinancierd.