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General

T-2 continues operations, sale expected

Monday 18 April 2016 | 09:18 CET | News
The Ljubljana District Court issued a decision that allows the continued operation of Slovenian telecom operator T-2, currently in bankruptcy proceedings, until the completion of the sale of assets. For the period May 2016 to July 2017, T-2 is planning revenues of EUR 91.6 million and EBITDA of EUR 17.1 million. The company said it will preserve jobs and does not foresee layoffs. The court ordered bankruptcy manager Danica Cuk, within a month of the court decision, to submit a proposal for the sale of T-2's assets. The deadline for the sale is one year from the submission of the proposal for

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Categories: General
Companies: T-2
Countries: Slovenia
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