Sunningwell might be able to lease the Steelworks longer

30 Jan

Sunningwell might be able to lease the Steelworks longer

The Management Board of Sunningwell International Polska has informed about an official letter from the bankruptcy receiver of ISD Huta Częstochowa concerning the lease of the company.

The receiver Mateusz Bienioszek sent a letter to Sunningwell International Polska stating that ‘in the event that the buyer of the company is not selected before the expiry of the lease agreement (i.e. by 19 September 2020), I will be interested in extending the lease agreement until the sale of the company’.

The attached planned timetable shows that after the stocktaking and the description and evaluation of the company and the related procedures prior to the approval of the tender conditions have been completed in February, the tender notice can be expected in May, the bids will be accepted in October and the sale of the company will be concluded even in March 2021. From the point of view of Sunningwell International Poland, this is important information, as it allows to plan activities over a longer period of time than until September this year, which should also translate into a greater sense of stability and optimism among the staff of the Częstochowa Steelworks.