The Walloon regional investment fund, SRIW, has approved a loan of EUR 1.5M to Belgian tableware manufacturer Durobor, the company recently announced. Durobor (established in 1928) managed to convince creditors that the company could become profitable after it had worked successfully under a two year bankruptcy protection plan, which ended December 2003. SRIW agreed to allocate the EUR 1.5M loan after the creditors approved Durobor's business plan and financial prospects.
Origin
Unknown
Journal Title
Gmpa 6/04 111
Sector
Domestic glass
Class
D 773