Sfinks Polska has reached an agreement with creditors
In October, Sfinks Polska announced that it intends to use the simplified restructuring procedure.
As part of the pending proceedings, the owner of the gastronomic company managed to reach an agreement with the creditors. As a result, the creditors’ consent to the arrangement is obtained. As part of the arrangement, it was planned, among others: to divide liabilities into installments, change the method of calculating interest and partial write-off of arrears.
The company is also trying to obtain a loan for restructuring under the New Opportunity Policy program supervised by the Industrial Development Agency (ARP). The application in this matter was submitted in October last year and is still awaiting a decision. The owner of the company emphasizes that without this support, the success of the restructuring process is questionable.