ODSHERRED: Odsherred Municipality is prepared to step in to prevent Odsherred Varme from going bankrupt – even if it means taking over a larger part of the debt burdening the company. This is reported by CleantechWatch.
- From our side, we are committed to finding a solution. We fundamentally do not believe that bankruptcy will make us better off, says municipal director Claus Steen Madsen. He also emphasizes that the municipality is "committed to negotiating" a new agreement on repayment of Odsherred Varme's debt to creditors. But it is also clear that this implies that the other major creditor, Nordea, has the same attitude.
The media has asked Nordea whether the bank – like the municipality – is willing to forgive part of the company's debt. In a written response, the bank states that it is the task of the reorganizer to point to a solution that can prevent bankruptcy.
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