Almost a year has elapsed since Elsta’s restructuring started and it is finally coming to an end.

On 7 April 2020, the District Court for Kraków-Śródmieście in Kraków, VIII Commercial Division for bankruptcy and restructuring cases, opened accelerated composition proceedings against Elsta sp.z o.o.

On 24 February 2021, during the meeting of creditors convened in the restructuring proceedings – accelerated arrangement proceedings opened against Elsta sp.z o.o. in restructuring, an arrangement was agreed between Elsta and her creditors. 241 creditors voted in favor of the arrangement, only 5 against, which clearly shows that we are not the only ones who believe in Elsta’s success.

“We would like to thank you warmly for the support you have given us in this difficult period, for your patience and for the trust you have placed in us. On our end, we assure you that we will do everything to develop Elsta’s activity and thus contribute to the further strengthening of our business relations,” we read in the official statement of Mr. Jacek Stankiewicz.