Saturday, January 7, 2017

- It’s not the Siem that is on – Hegnar Online

Thursday, it was known that Farstad and Siem Oil Service Invest (SOSI) has not succeeded to find a solution for the restructuring that is acceptable to all the affected creditors.

Siem itself was on Thursday travelling in a different time zone, and had little desire to comment on the case, writes Dagens Næringsliv.

“Kristian Siem is travelling. Mht. Farstad is it not Siem it is standing on. Any further questions must be directed to the company”, got the newspaper as a concise answer on e-mail from the deputy commissioner in the Siem Industries Group, Eystein Eriksrud.

Nor Farstad ceo Karl-Johan Bakken would like the face of DN to comment on which creditors who are not supported the company’s proposal to gjeldsløsning.

After that Siem agreement was terminated must Farstad look further for alternatives in cooperation with the creditors. Previously, Kjell Inge Røkke and his Aker smelt of the company, and Aker ceo Øyvind Eriksen confirmed Thursday opposite the E24 that he is open to new conversations with Farstad.

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