Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / South Korea

Ssangyong Restructuring Plan Approved

December 2009 | Company Finance Alert

The Seoul Central District Court has overruled objections by creditors of South Korean carmaker Ssangyong Motor and granted its approval to the company's restructuring plan. This clears the way for the carmaker to begin 'normalizing' its operations, according to a company statement.

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