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Pre-bankruptcy settlement has saved 14,326 jobs

Autor: spez
ZAGREB, Sept 22 (Hina) - Pre-bankruptcy settlement procedures have saved 14,326 jobs and helped clear HRK 14.5 billion in debt so far, the Finance Ministry said earlier this week.

By September 19, financial restructuring plans were approved in 845 cases and dismissed in 3,134. In those 845, 210 settlements were reached in commercial court.

The Financial Agency has received 5,023 motions for pre-bankruptcy settlement with a debt totalling HRK 48.5 billion.

The companies which filed the motions employ 41,774 workers.

(Hina) ha

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