Keraglass Files Proceeding with Creditors

Keraglass Industries S.r.l., the Italian machinery manufacturer, “entered into a proceeding (arrangement with its creditors).”   The company changed its name Keraglass on February 27th , to protect and preserve the brand.

According to an Italian news source, Telereggio, the company was affected by the crisis phase and credit difficulties. Stephen Spezzani company president asked for four months for submission of the proposal proceedings.

600450 Keraglass Files Proceeding with Creditors glassonweb.com

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