Barem Ambalaj declares concordat, shares to be moved to watchlist market

Barem Ambalaj has announced that it has entered a three-month temporary concordat process due to increasing financing pressure and delays in receivables collection. The company stated that production at its paper factory has halted during this period, but operations at its packaging facilities continue. The concordat decision aims to restructure the company's financial position. Barem Ambalaj has requested a temporary protection period to meet its debt obligations. This development has led to the company's shares being moved to the watchlist market on the stock exchange. Barem Ambalaj shares have lost approximately 70% of their value recently. The company's financial difficulties have negatively impacted investor confidence. The concordat declaration marks an official dimension to this process. Company officials stated that packaging production continues and efforts are being made to meet customer demand. However, the production halt at the paper factory significantly affects the company's overall capacity. It has been reported that the company's financial situation will be reassessed at the end of the concordat process. This is not investment advice.