– No, what shall we say. We were reasonably mesmerized. It is not to put the hide on it, ” says the chief executive of the Hole Odda AS, Jostein Kaland to Hardanger Folkeblad.
He confirms that the message came on for both the management and the employees in Odda.
the Board of directors in the Hole Group, AS adopted on Thursday, to petition for insolvency of the holding company (the Hole Group AS) and subsidiary Hole Glass AS. The company has subsidiaries in both the Odda, western norway and Åndalsnes.
Can show positive numbers
After the HF understand all the subsidiaries to continue as before, and the local owners take over the further operations.
In Odda is the work to clarify the future all the time, but Kaland is clear that the decision gave new challenges. There is a lot that needs to be clarified with the bank, bostyrer and suppliers.
– There is a lot that needs to be done around this. It is clear it gives us a kjempeutfordring, but we aim to continue as before, ” says Kaland.
the Company in Odda, according to Jostein Kaland so far this year show positive numbers and have had good jobs the last time, among other things, the company has had a mission with the new Folgefonnsenteret in Rosendal.
In the Hole Odda AS has Hole Group owned 55 per cent of the shares. The rest is owned by Odda Holding and Jostein Kaland.
– Business in Odda should therefore continue as before, but what happens with aksjepostene when you lose hovedaksjonæren?
– we do not know yet and we must first discuss the matter with the bank and bostyrer, said Kaland to HF Friday afternoon.
Member of the board of the company and the representative of the Odda Holding , Tor Petter Stensland, confirms to HF later in the evening that the day thereupon have concluded that the two remaining aksjonerene is with on.
Odda Holding sold in 2014 is down to 10 per cent in the company then the Hole the Group came in.
Probably will a new company be in place shortly.
Work in Odda continues as normal on Monday, ” says Stensland.
How aksjefordelingen will be is not yet clarified.
It is clear it gives us a kjempeutfordring, but we aim to continue as before
Jostein Kaland
lost money
“the Decision of the group comes after a period of strong growth in the group, the establishment of subsidiaries in western norway, Åndalsnes, norway and Odda, combined with declining profitability in large projects”, states in a press release, reproduced in the BT.
– Over a longer period of time we have lost money on large projects. It has done that we have used throughout the kredittrammen the bank has given us. A part of the projects Hole Glass in particular has had, has given low profits. Thus, profitability for the group as a whole become poorer, says the chairman of the board Arne Selvik to the BA. Today, there are 125 employees in the Hole Group AS being directly or indirectly affected by the bankruptcy. None of these is so far terminated.
Trustees takes over
The staff was informed Thursday. According to the newspaper, approximately 90 people get the termination, all these are employed in the Hole Glass in Bergen. But both the subsidiary and the Hole Lock to pass according to the chairman of the board.
“the Board works closely with employees, customers and suppliers in this difficult situation. The staff has received salaries out of October, and will be covered further salary and vacation pay through the state lønnsgarantiordningen. In cooperation with the panthaver searched now for solutions that can ensure continued operation for the various companies in the group. This work will be continued by the trustees” named in the press release.
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