Croatian sugar producer Sladorana enters pre-bankruptcy proceedings

The decision was made upon a request filed by the company, which also submitted a restructuring plan to be carried out during the procedure, the court said in a statement on Monday.

The court appointed Ivan Kurecic pre-bankruptcy receiver and called on the creditors of Sladorana to submit their claims against the company in the next 21 days.

Sladorana is a subsidiary of local sugar producer Viro [ZSE:VIRO], which filed for the launch of pre-bankruptcy proceedings in October due to a lasting lack of liquidity.