Key highlights
- GA Polyolefins is implementing a corrective action timetable.
- A restructuring plan has been submitted to the National Register of Debtors.
- The plan is part of a procedure for financial stabilization.
- The transaction involves ORLEN.
Restructuring Plan Submission
GA Polyolefins is actively working on its corrective action timetable, aiming to finalize key capital processes. As part of this effort, a restructuring plan and arrangement proposals have been submitted to the National Register of Debtors (Krajowy Rejestr Zadłużonych, KRZ).
Financial Stabilization Efforts
This submission is a crucial step towards achieving financial stabilization. The documentation is made available to creditors as part of the restructuring approval procedure.
Transaction with ORLEN
The successful completion of this restructuring process is essential for the transaction with ORLEN, indicating a strategic move towards financial and operational stability.
