Placidus Investments - change in bankruptcy with a possibility of bankruptcy liquidation.
Report No:37/2011
Legal basis:Art. 56 section 1 item 2 of the Act on Public Offering – current and interim information
Signatures:Piotr Chełkowski, President of the Management Board of P.R.I. “POL-AQUA” S.A.
Marek Sobiecki, Second Vice President of the Management Board of P.R.I. “POL-AQUA” S.A.

The Management Board of the Engineering Works Enterprise "POL-AQUA" S.A. with the seat in Piaseczno (hereinafter "the Company") announces that the Company received today the order of the Court, issued on 8 September 2011 by the District Court of the City of Warsaw in Warsaw, 10th Commercial Division for bankruptcy and corrective measures, in which the Court decided:
- to change the way of conducting the bankruptcy proceedings, from the proceedings with a possibility of an arrangement, to the proceedings covering the liquidation of the assets of the bankrupt
- to revoke the administrator Wojciech Makuć
- to appoint Wojciech Makuć as a trustee

The cause of change in the conduct of bankruptcy proceedings is that, as the Court stated, Palcidus Investments Sp. z o.o. has no real possibilities to make an arrangement in bankruptcy because of lack of sources of its funding.

POLAQUA Mostostal Wyroby betonowe TECO