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Builder Konstruktor Goes into Receivership

Maribor, 7 November - The Maribor District Court launched receivership at the troubled builder Konstruktor VGR on Monday. This came as a relief to some 250 workers, who have not received their pay since May and have been on strike since mid-July.

Maribor
Matjaz Polencic, the administrator of the court-mandated debt restructuring at bankrupt builder Konstruktor VGR, was appointed as the receiver.
Photo: Gregor Mlakar/STA

Maribor
Matjaz Polencic, the administrator of the court-mandated debt restructuring at bankrupt builder Konstruktor VGR, was appointed as the receiver.
Photo: Gregor Mlakar/STA

Maribor
Mladen Kutnjak, the head of the trade union at bankrupt builder Konstruktor VGR.
Photo: Gregor Mlakar/STA

Maribor
Mladen Kutnjak, the head of the trade union at bankrupt builder Konstruktor VGR.
Photo: Gregor Mlakar/STA

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© STA, 2011