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By Murray Pollok01 April 2021
Attendees at the online ESTA Awards of Excellence on 22 April will hear three experts discuss the global outlook for the crane market, the latest heavy lifts at the Hinkley Point C project, and the implications for specialized transport of new VEMAGS permits.
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By Alex Dahm01 April 2021 Aerial view of the Tadano Demag factory on Dinglerstrasse in Zweibrücken, Germany
Crane manufacturer Tadano has completed the protective shield proceedings on its Tadano Demag and Tadano Faun businesses in Germany.
The creditors of Tadano Demag GmbH and Tadano Faun GmbH approved the reorganization plans for both companies at a discussion and voting meeting held in Zweibrücken on February 18.
The creditors meeting unanimously approved the restructuring plan for Tadano Faun, while Tadano Demag’s plan gained 99% approval.
The Zweibrücken local court opened protective shield proceedings for Tadano Demag and Tadano Faun at the beginning of January 2021 after the corresponding legal petition was filed and the plans were formally reviewed.
“With the creditor’s meeting’s approval, management will now systematically continue with the company’s reorganization and the corresponding operational restructuring measures, some of which have already been initiated,” said Tadano.
Lauf: Tadano Faun vorerst gerettet - Gläubiger geben grünes Licht infranken.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infranken.de Daily Mail and Mail on Sunday newspapers.