Extension for the restructuring proceeding of Componenta

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
48
Extension for the restructuring proceeding of Componenta Främmestad AB

Componenta Corporation Stock Exchange Release on 6.3.2017 at 15.40

On 3 March 2017 Skaraborg district court has granted extension for restructuring proceeding of Componenta Corporation’s subsidiary Componenta Främmestad AB until 1 June 2017. Reaching an agreement relating to the internal debt between Componenta Främmestad AB and Componenta Dökümcülük Ticaret ve Sanayi A.S., which is still pending, is seen as a prerequisite for a viable composition proposal. Componenta’s Turkish subsidiary is the most significant creditor and casting supplier for Componenta Främmestad AB.

Componenta Främmestad AB has restructuring debt of approximately 182 MSEK in total of which the restructuring debt to the Turkish company is approximately 102 MSEK.  

Helsinki, 6 March 2017  

COMPONENTA CORPORATION  

Harri Suutari President and CEO

For further information, please contact:

Harri Suutari President and CEO tel. +358 10 403 2200

Marko Karppinen CFO tel. +358 10 403 2101

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey and Sweden. The net sales of Componenta were EUR 495 million in 2015 and its share is listed on Nasdaq Helsinki. The Group employs approx. 3,500 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Shanghai's Arts Carnival Fuses Tech and Culture

Updated Category News Views 2

Shanghai Heralds New Era in Arts with Carnival Coming in hot, Shanghai's ready to shake up the city's cultural scene with the 2026 International Audio-Visual Arts Carnival. It's happening in Jing'an District from September 24 to October 18, promising an experience that fuses travel, technology, and art. Just about anyone can catch a break from their daily grind and dive...

Continue Reading
China's Tech Success Echoes in Global Living Rooms

Updated Category News Views 4

A New Player in Global Tech If you've been sleeping on China's tech scene, it's time to wake up. Moonshot AI just launched Kimi K3, the largest open-source model by parameters we've seen, a significant leap in artificial intelligence that's catching even the eyes of folks who hardly touch technology—like retirees in Italy. Rapid AI Advancements China's story isn't about...

Continue Reading
Med Spa Visits: Key Insights from Lindsey Smith

Updated Category News Views 4

Moving Beyond the Fear Factor Stepping into a med spa for the first time can be nerve-wracking, especially if you're unsure of what to expect. Lindsey Smith, an expert from Flawless Med Spa in Bryant, Arkansas, knows just how critical it is to navigate this terrain with clarity. Her approach emphasizes building a foundation of trust and understanding from the get-go. Fear...

Continue Reading
Qatar Foundation Spurs Sport-Driven Empowerment Moves

Updated Category News Views 3

Here we go, diving into the serious talk of the moment: sports pushing boundaries to uplift society's underdogs. Envision yourself in the halls of Wilton Park, where the thinkers, the dreamers, and the doers convened in the name of change. Qatar Foundation ain't just sitting pretty; they're championing the cause to harness sport for impactful social threads across the...

Continue Reading
USPS Rolls Out Christmas Cookie Stamps Nationwide

Updated Category News Views 5

USPS Delivers Nostalgia with Cookie-Themed Stamps Let's talk stamps, folks. The U.S. Postal Service has rolled out its newest Christmas Cookies Forever stamps, bringing a dash of sugary nostalgia to mailboxes nationwide. The release was celebrated at the Smithsonian National Postal Museum, spotlighting a tradition as sweet as the sugar cookies themselves. These aren't...

Continue Reading
Flying Car Regulatory Sandbox Begins in UAE

Updated Category News Views 7

Pioneering Flying Cars in the Desert In a move that seems right out of a science fiction screenplay, ARIDGE—the bigwig of flying cars from Asia—has taken a giant leap. They’ve cozied up with the UAE, locking arms to cook up the world's first regulatory sandbox for personal flying cars. Now, don’t laugh—sandbox isn't just for toddlers. It’s the playground where...

Continue Reading
Hainan Airlines' Dedication Keeps It atop Skytrax

Updated Category News Views 5

Fifteen years of soaring high: now that's something worth taking to the bank—or the air. Hainan Airlines has just bagged the SKYTRAX Five-Star Airline rating once again, handed out at this year's World Airline Awards ceremony. When it comes to delivering quality, they're flying high on the charts, landing among the World's Best Airlines Top 10. And in the wild world of...

Continue Reading
Xi Jinping Thought: A Bold Prospect for Future Governance

Updated Category News Views 5

107 years in the game, and the Communist Party of China (CPC) isn't showing any signs of slowing. With their recent conference in Beijing focusing on Xi Jinping Thought on Party Building, it’s clear they’ve got their eyes on the future, not just resting on past laurels. This Xi Jinping Thought is about a thorough self-improvement plan for the Party, a clear strategy...

Continue Reading
PayPal Under Investigation: Legal Battles Intensify

Updated Category News Views 3

A Bumpy Ride for PayPal's Investors Back in 2025, PayPal was beaming about new growth strategies, filling the air with grandiose promises. Fast forward to February 2026, and the script had flipped entirely. Earnings came in nasty and disappointing, particularly in the Branded Checkout front. Adding to the chaos was their CEO unceremoniously taking the high road out the...

Continue Reading
2026 Lantern Festival Shines in Kunshan Amid Tensions

Updated Category News Views 4

Lanterns Illuminate Cross-Strait Relations Under the shadow of geopolitical tensions, the 2026 Cross-Strait (Kunshan) Mid-Autumn Lantern Festival kicked off with a splash on September 16. Held in Kunshan, Suzhou, this cultural festival offers a rare glimpse of cooperation and shared cultural celebration across the Taiwan Strait. Through lantern displays, art exhibitions,...

Continue Reading

Top 5 Most Recently Viewed Articles

Bitcoin Sees $2 Billion Open Interest Surge: What's Next?

Updated Category News Views 129

Bitcoin Open Interest Surges: A Sign of Increased Activity Bitcoin has recently captured significant attention in the financial markets, not just for its price fluctuations, but for a remarkable development in its trading dynamics. In just 24 hours, Bitcoin's open interest rose by an astounding $2 billion, signaling heightened trading activity and a surge in investor...

Continue Reading
CME Group Enhances Cross-Margining for Client Benefits

Updated Category News Views 177

CME Group Expands Cross-Margining Agreement CME Group, recognized globally as a leader in derivatives trading, recently revealed plans to broaden its existing cross-margining agreement with The Depository Trust & Clearing Corporation (DTCC). This initiative aims to enhance the financial services infrastructure for end-user clients by potentially improving capital...

Continue Reading
Celebrating Heroes: PenFed Foundation's Award-Winning Content

Updated Category News Views 151

Honoring Our Veterans Through Recognition The PenFed Foundation for Military Heroes has recently made waves by winning prestigious awards that celebrate its commitment to supporting veterans. Recognized for its impactful storytelling, the Foundation earned accolades that highlight its dedication to the veteran community. Acknowledging Award-Winning Initiatives The...

Continue Reading
HydroGraph Graphene: Transforming Wastewater Treatment Efficiently

Updated Category News Views 125

HydroGraph's Groundbreaking Study on Graphene's Efficacy HydroGraph Inc. (CSE: HG) (OTCQB: HGRAF) has recently published an insightful study highlighting how its ultra-pure graphene can effectively eliminate toxic industrial dyes from wastewater in an astonishingly short time frame. The peer-reviewed research, featured in FlatChem (Elsevier), illustrates that HydroGraph's...

Continue Reading
Projected Growth of the Smart Insulin Pens Market by 2032

Updated Category News Views 169

Understanding the Smart Insulin Pens Market Growth The smart insulin pens market is expected to show substantial growth, with projections indicating a climb from $877.26 million in 2024 to a remarkable $1818.89 million by the year 2032. This projected growth reflects a compound annual growth rate (CAGR) of 9.57% from 2025 to 2032. A significant contributor to this booming...

Continue Reading