Independent journal on economy and transport policy
07:50 GMT+2
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The creditors of STX Offshore & Shipbuilding Co. they throw in the towel
the navalmeccanica company will be placed under controlled administration
May 25, 2016
In the next few days the South Korean navalmeccanico group STX Offshore & Shipbuilding Co. (STX O&S) will be placed under controlled administration. It has announced today Korea Development Bank (KDB) to the term of a reunion of the board of creditors that guides the shipbuilding company from April 2013 and that this morning it has decided that the restructure financial institution of the shipbuilding company could be only realized under the guide of a judicial commissioner.
We remember that STX O&S controls the STX Europe, society that possesses 66.66% of the share capital of navalmeccanico group French STX France.
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In the next few days the South Korean navalmeccanico group STX Offshore & Shipbuilding Co. (STX O&S) will be placed under controlled administration. It has announced today Korea Development Bank (KDB) to the term of a reunion of the board of creditors that guides the shipbuilding company from April 2013 and that this morning it has decided that the restructure financial institution of the shipbuilding company could be only realized under the guide of a judicial commissioner.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
