Creditor Applies Valoe Oyj for Bankruptcy. Valoe Submits a Debt Restructuring Application and Continues its Financial Negotiations
05 Diciembre 2023 - 8:25AM
Creditor Applies Valoe Oyj for Bankruptcy. Valoe Submits a Debt
Restructuring Application and Continues its Financial Negotiations
Valoe Corporation
Inside
information 5 December 2023 at 16.25 Finnish time
According to the bankruptcy application, the claim is
approximately 311,000 euros. Valoe has decided to file a Debt
Restructuring Application and continue its financial
negotiations.
Valoe has received a financial commitment from an American
partner. This investor is an industrial partner and, if the
financial negotiations are successful, is committed to financing
and developing Valoe in the long term so that its promising
position as a supplier of vehicle integrated solar technology is
adequately resourced. However, the negotiations have taken longer
than expected. Valoe continues financial negotiations also with
other interested investors and financiers.
In Mikkeli 5 December 2023
Valoe Corporation
Board of Directors
For more information:
Iikka Savisalo, President and CEO, Valoe Corporation Tel. +358
40 521 6082email: iikka.savisalo@valoe.com
Distribution:NASDAQ OMX, Helsinki Main media www.valoe.com
Valoe Corporation specializes in the clean energy, especially in
photovoltaic solutions. Valoe provides automated production
technology for solar modules based on the company’s own technology;
production lines for modules; solar modules and special components
for solar modules. Valoe's head office is located in Mikkeli,
Finland.
Valoe (TG:7RT)
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