Appellate Court overrules decision on Gosa bankruptcy proceedings for the second time

The Commercial Appellate Court in Belgrade has overruled the decision on bankruptcy proceedings at the rail vehicle plant Gosa in Smederevska Palanka for the second time.

The court cancelled the decision of the Commercial Court of Pozarevac reached on January 9 at the complaint made by Radisa Savic, the director of Gosa at the moment of the declaration of bankruptcy in November 2017.

The Commercial Court of Pozarevac will have to deliberate on whether the requirements for the initiation of bankruptcy proceedings are met for the third time.

Let us remind that Slovakia’s ZOS Trnava was the owner of Gosa. In April 2017, it sold the factory to the Cypriot company Lisnart Holding and transferred the claims to its subsidiary ZOS Zvolen.

The Zemun-based company Capital Consulting then bought out claims of EUR 400,000 from ZOS Zvolen and petitioned for bankruptcy.

Goša fabrika šinskih vozila d.o.o. Smederevska Palanka

Capital Consulting 2017

Privredni sud u Požarevcu

Apelacioni sud Beograd

FSV Gosa

Gosa Smederevska Palanka

Lisnart Holding

ZOS Trnava

strike at Gosa

bankruptcy proceedings at Gosa

Gosa RSC

Gosa bankruptcy

Gosa suppliers

Radisa Savic

ZOS Zvolen