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Croatian pencil maker strikes deal with creditors in pre-bankruptcy proceedings

Autor: mses
ZAGREB, July 24 (Hina) - The Zagreb-based TOZ Penkala factory, specialised in manufacturing stationery products, said on Wednesday it had reached an agreement with its creditors in pre-bankruptcy proceedings before the Zagreb Commercial Court under which TOZ Penkala will cover its liabilities towards its 132 creditors through sixth equal annual installments from 2015 to 2020.

(Hina) ms

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