Provisional liquidators appointed to Co Cavan companies involved in data centre manufacturing

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Joint provisional liquidators have been appointed to two linked Co Cavan companies involved in the construction of European data centres.

While it appears from records that this firm is profitable and balance sheet solvent, the termination of certain contracts and contra-claims by main contractors has effected this. It now has estimated debts of €1.9 million and fixed assets that are likely to realise less, the petition says.

Since 2019 the focus has been on global data centre solutions, with one completed project in Germany and four other European ventures, according to the petition. Serious consideration was given to a restructuring arrangement through a court-supervised examinership, but two potential investors confirmed they were not prepared to fund the required scheme of arrangement.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين