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restructuring process
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Frigoglass Sales Decreases in Q1 2017
May 26, 2017Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
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Pacific Sunwear Files for Bankruptcy
Apr 11, 2016Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
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Chinese Solar Panel Makers Shift to Thailand
Jan 25, 2016A slew of factors is persuading companies to expand abroad to access the global market Rising costs and steep anti-dumping duties in the United States and Europe, coupled with a desire to expand overseas, are increasingly driving major ...
Tags: Solar Panel, Solar Energy Products
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Gao Hucheng: Grasp the World Situation and Promote the Level of Opening—Understanding of Studying and Implementing Important Speeches of General Secretary Xi Jinping
Oct 22, 2015On January 15, 2015, the journal Qiushi published a signed article by Minister of Commerce Gao Hucheng, titled “Grasp the World Situation and Promote the Level of Opening—Understanding of Studying and Implementing Important ...
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Quiksilver Receives Court Approval for $175 Million DIP Financing
Sep 15, 2015Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved a variety of First Day Motions related to its voluntary Chapter 11 restructuring. Collectively, the orders granted by the ...
Tags: Quiksilver, Roxy, DC
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Volkswagen to undergo a restructuring process
Jun 19, 2015German automobile major Volkswagen (VW) is set to undergo a restructuring process that will ultimately end up splitting the firm into four holding companies for managing its 12 brands. In what has been dubbed as decentralization of ...
Tags: Volkswagen, German automobile
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Treasury Wine Estates Puts up Victorian Wineries, Close Packaging and Warehousing Facility
Apr 2, 2015Treasury Wine Estates has put up several of its wineries for sale and is planning to close packaging and warehousing facility near Mildura, Australia as part of a major cost-cutting initiative. Treasury Wine Estate's T'Gallant winery ...
Tags: Treasury Wine, warehousing facility, Food
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Heinz Announced Job Cuts at Its Kitt Green Site in Wigan, UK
Mar 25, 2015American food processing company Heinz has announced job cuts at its Kitt Green site in Wigan, UK, as part of a restructuring process. According to the company, almost 71 roles will be axed at its baked beans factory where some of the ...
Tags: Heinz, Production line, Food
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Korean Conglomerates Are Faced with Restrcturing
Feb 9, 2015Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
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FrieslandCampina Romania Is Set to Relocate Its Cheese Production and Packaging Units
May 27, 2014FrieslandCampina Romania is set to relocate its cheese production unit in Carei and cheese packaging unit in Targu Mures by January next year, as part the consolidation of its cheese production operations in Baciu. The development comes ...
Tags: Cheese Production, Packaging Units
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The Fiscal Year 2013 Developed Weaker Than Originally Anticipated for SGL Group
Mar 11, 2014The fiscal year 2013 developed weaker than originally anticipated for SGL Group – The Carbon Company – but in line with the adjusted June guidance. Primarily due to the unsatisfactory price development in graphite ...
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Patriot Coal Corporation Announced Its Emergence From Chapter 11 as a Reorganized Company
Dec 23, 2013Patriot Coal Corporation announced Thursday its emergence from Chapter 11 as a reorganized company. The Company exits the 18-month restructuring process with a strong balance sheet, competitive cost structure, and streamlined operating ...
Tags: Patriot Coal, Mineral
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Suntech Has Announced That Liquidators Passed a Sole Shareholder's Resolution Placing PSS
Dec 12, 2013Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the company, into liquidation pursuant to the Insolvency Act of ...
Tags: Suntech, Power Solar System
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Zurich Is Set to Restructure Its Personal Lines Motor and Property Claims Teams in The UK
Nov 11, 2013Zurich Insurance, a Switzerland-based multi-line insurance provider, is set to restructure its personal lines motor and property claims teams in the UK, a move which will lead to 121 job losses. The development is the latest step in the ...
Tags: Insurance, insurance provider
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Pioneer Foods Plans to Cut More Than 1,200 Jobs to Slice Input Costs
Oct 17, 2013Pioneer Foods, a South African food manufacturer, reportedly plans to cut more than 1,200 jobs, as part of its restructuring process to slice input costs in the wake of declining consumer spending. It is believed that employees from the ...
Tags: Pioneer Foods, breakfast cereal