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2024-07-23 16:35:00 CEST 2024-07-23 16:35:00 CEST REGULATED INFORMATION Valoe Oyj - Inside informationIlmarinen Has Withdrawn Its Bankruptcy Petition against Valoe. Valoe's Restructuring Proceedings Continue.Valoe Corporation Inside Information 23 July 2024 at 17.35 Finnish time
Valoe Corporation (“Company”) has paid its debt to Ilmarinen Mutual Pension Insurance Company. Ilmarinen has today withdrawn its bankruptcy petition against Valoe which the Company disclosed on 17 July 2024. Valoe’s restructuring proceedings continue. The administrator, Mr Pekka Jaatinen, Attorney, filed a proposal for the restructuring programme for the Company with the North Savo District Court on 24 June 2024. The deadline for submitting claims on the amounts and basis of restructuring debts of parties to the restructuring proceedings, and statements concerning the draft restructuring programme has expired. Next, the administrator will prepare a report to the district court on the claims and statements received and, if necessary, propose changes to the draft restructuring programme. In Mikkeli 23 July 2024 Valoe Corporation Board of Directors For more information: Distribution: Valoe Corporation designs, manufacturers, and sells solar power application projects, especially for vehicles and electronics. Valoe’s applications are based on the company’s own back contact technology and IBC solar cells manufactured at the Company’s cell factory in Lithuania. Valoe is headquartered in Mikkeli, Finland, with production facilities in Juva, Finland, and Vilnius, Lithuania. ![]() |
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