The icing on the cake has been placed. The District Court in Opole, in the person of the Judge-Commissioner, confirmed the acceptance of the arrangement, which was previously accepted by the creditors in 99%. Someo SA from Strzelce Opolskie was sold as part of the remedial process, and the money from the sale will be paid to the creditors. The function of the company’s administrator is performed by Marcin Kubiczek to which he was appointed by the District Court in Opole.

Over PLN 33 million – this is the total value of receivables recovered as part of the restructuring carried out by qualified restructuring advisor Marcin Kubiczek. This concerns Someo SA from Strzelce Opolskie. Thanks to this process, it will be possible to preserve 160 jobs, and most creditors (public-law entities and trade creditors) will be repaid in 100% in one tranche.

Someo SA from Strzelce Opolskie is a Polish manufacturer and designer of painted plastic parts, mainly for the automotive and electronics industries. The company quickly developed its business, which was confirmed by the distinction of Gazela Biznesu by “Puls Biznesu” in 2014. However, the collapse of demand in the above industries, caused by the pandemic and the war in Ukraine, had a strong impact on the company’s financial situation. Due to the threat of insolvency, the District Court in Opole has opened Someo’s reorganization process. They are now heading towards a positive conclusion.

Already in March, the judge-commissioner agreed to sell the company as part of the prepared restructuring plan. Almost half a year later, the Creditors’ Council accepted the division of funds, which was possible thanks to the consensus around the sale of the plant. In this way, the creditors are satisfied by 100%, and the company continues to operate without any loss of employment.

Someo was sold to DAEJIN Advanced Materials Poland Sp. z o. o. from Bielany Wrocławskie which offered an attractive price. In this way, the restructuring process was finalized in a way that satisfied all parties.

The arrangement proposed by the administrator was accepted by the Creditors’ Council by 99% (only one entity voted against). In the next step, the District Court in Opole issued an announcement of the decision on the acceptance of the arrangement, thanks to which it will be possible to pay receivables worth over PLN 33 million. All entities covered by the arrangement will receive their receivables within 2 months of the Court’s confirmation of the finality of the decision on approval of the arrangement.