Skip to main content

Restructuring Proceedings of Valoe Corporation Commence

  

Valoe Corporation        Inside Information 22 January 2024 at 15.32 (Finnish time)

Valoe Corporation filed an application for restructuring on 5 December 2023 with the District Court of Pohjois-Savo, Finland, and amended the application on 10 January 2024. Today, on 22 January 2024, the District Court has decided on the commencement of the restructuring proceedings of Valoe Corporation.

The District Court of Pohjois-Savo has appointed Pekka Jaatinen, Senior Advisor, from Castrén & Snellman Attorneys to act as the administrator in the restructuring proceedings of Valoe Corporation.

A significant number of creditors have supported the restructuring of Valoe. In addition, several of Valoe’s customers expressed their support for the restructuring.

Trading in the shares of Valoe Corporation has been suspended since 5 December 2023 on the Nasdaq Helsinki. The Company will disclose a separate announcement when trading continues.

In Mikkeli on 22 January 2024

Valoe Corporation

BOARD OF DIRECTORS

For more information:
Hannu Savisalo, Chairman of the Board, Valoe Corporation
Tel. +358 50 2688, email hannu.savisaloe@savcor.com

Pekka Jaatinen, Senior Advisor, Asianajotoimisto Castrén & Snellman Oy
Tel. +358 20 7765 401, email pekka.jaatinen@castren.fi

Distribution:
Nasdaq Helsinki Oy
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides PV technology based on its own back contact technology and related projects, project design and technology consulting. Valoe also provides manufacturing technology for PV modules, module manufacturing lines, modules and key components for modules, as well as IBC solar cells manufactured at the Company’s factory in Lithuania. Valoe is headquartered in Mikkeli, Finland, with production facilities in Juva, Finland, and Vilnius, Lithuania.

 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.