The Board of Directors of AS „Tosmares kuģubūvētava” declares that on January 22^nd, 2018 its creditor SIA „KHL–Company” submitted an application to the court regarding to insolvency proceedings against AS „Tosmares kuģubūvētava” for non–fulfilment of its debt commitments in timely manner.

The Board of Directors of AS „ Tosmares kuģubūvētava” hereby informs that it has reached an agreement with SIA „KHL–Company” for fulfilment of debt commitments of AS „Tosmares kuģubūvētava”, and whereas SIA „KHL–Company” disclaims its application submitted with the court regarding to the initiation of insolvency proceedings.

         The Board of Directors of AS „Tosmares kuģubūvētava”
         Phone +371 63401919