Suits maker Bagir Germany files for bankruptcy

Suits maker Bagir Germany files for bankruptcy

Niš : Serbia | Oct 18, 2011 at 1:44 AM PDT
Source: Globes Online
Views: Pending
German unit of its suits manufacturer subsidiary, Bagir, has filed for bankruptcy. Last week, a German court approved the opening of insolvency proceedings against Bagir Germany Holding GmbH, as the company's cash flow is insufficient to meet its debts to creditors. FULL ARTICLE AT Globes Online
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