Verano-motors files for bankruptcy

Source: eKapija Wednesday, 28.10.2015. 14:32
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At the proposal of Slovenia's Factor bank, the Commercial Court in Belgrade has initiated bankruptcy proceedings against Belgrade-based Verano-motors because of the debtor's long-lasting insolvency.
The Court has invited all creditors to report all their secured and unsecured claims to the Commercial Court within 120 days, while all debtors are simultaneously invited to meet their obligations toward the bankruptcy estate.
The Commercial Court has appointed Novak Stajic as the bankruptcy manager of Verano-motors. Verano-motors, which is owned by businessman Radomir Zivanic, used to be known as the general importer and distributor of Peugeot vehicles.
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