The Board of Directors files petition for insolvency of PSJ, a.s.

September 11, 2018 - Press news

On Monday, September 10, 2018, the Board of Directors of PSJ filed an insolvency petition with the Regional Court in Brno. It responded to the failed plan - the entry of a new investor or financial partner into the company and, subsequently, its financial stabilization, which was necessary in view of the financial losses the company has suffered on projects at home and abroad.

The Board of Directors files petition for insolvency of PSJ, a.s.

Negotiation on finding a suitable financial partner was unsuccessful despite all efforts of the Board of Directors. Therefore, the Board of Directors fulfilled its statutory obligation and made the petition.

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