Enviro: Files for bankruptcy of Åsensbruk subsidiary - Redeye

Enviro has filed for bankruptcy for its wholly owned subsidiary Tyre Recycling in Sweden AB, which operates the Åsensbruk tyre-recycling plant, as part of its ongoing restructuring. We view the move as a pragmatic step that removes a structurally loss-making entity, reduces cash burn and should support the company’s restructuring process going forward.

Länk till analysen i sin helhet: https://www.redeye.se/research/1156791/enviro-files-for-bankruptcy-of-asensbruk-subsidiary?utm_source=finwire&utm_medium=RSS