Nynas AB company reorganisation

Here we gather information regarding the Nynas AB company reorganisation.

Latest news

  • 17/09/2020 16:17

    Enclosed documents contain information to creditors/suppliers of Nynas AB during the reorganisation.

  • 17/09/2020 11:23

    Södertörn's District Court today approved an extension of Nynas AB’s company reorganisation for another three months, until December 15, 2020.

  • 16/09/2020 09:05

    Neste announced today that it has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries. This is an important step in the ongoing company reorganisation of Nynas.

  • 04/09/2020 11:51

    Nynas AB has today applied at Södertörn's District Court for an extension of the company reorganisation for an additional three months. The Administrators fully support and endorse an extension of the reorganisation. A decision from the District Court is expected to be announced on September 17.

  • 15/06/2020 09:15

    Södertörn's District Court today approved an extension of Nynas AB’s company reorganisation for another three months, until September 15, 2020.

  • 05/06/2020 15:05

    Nynas AB has today applied at Södertörn's District Court for an extension of the company reorganisation for another three months. The Administrators approve that the reorganisation shall continue. A decision from the District Court is expected to be announced in the week beginning June 15.

  • 12/05/2020 17:00

    The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a result of a corporate restructuring of the ownership of Nynas AB sanctions are lifted, and US persons and companies no longer require an authorization from OFAC to engage in transactions or activities with Nynas AB. As a consequence, general license GL 13E is removed.

  • 03/04/2020 20:06

    The general license, that permits companies to continue to trade with Nynas without breaching US sanctions, has been extended to allow time to finalise the process to lift the sanctions on Nynas.

  • 20/03/2020 14:43

    Södertörn's District Court today approved an extension of Nynas company reorganisation for another three months, until June 15. The reorganisation process will now continue with a focus on actions for removal of US sanctions applicable to the company and to finalise the long-term funding.

  • 12/03/2020 11:00

    OFAC ready to initiate process for removal of sanctions applicable to Nynas

  • 24/01/2020 12:03

    The company reorganisation in Nynas AB continues according to plan.

  • 21/01/2020 13:02

    The enclosed document contains the preliminary reorganisation plan for Nynas AB.

  • 13/12/2019 16:31

    Nynas AB (publ) has today filed for company reorganisation at Södertörn's District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due debts forcing the company to apply for a reorganisation of the company.

Approved extension of Nynas reorganisation

Södertörn's District Court today approved an extension of Nynas AB’s company reorganisation for another three months, until December 15, 2020.

Read more about Approved extension of Nynas reorganisation

Ownership change in Nynas

Neste announced today that it has sold its entire shareholding in Nynas to Bitumina, a global bitumen company active in more than 100 countries. This is an important step in the ongoing company reorganisation of Nynas.

Read more about Ownership change in Nynas

Nynas applies for reorganisation extension - good progress, time to conclude needed

Nynas AB has today applied at Södertörn's District Court for an extension of the company reorganisation for an additional three months. The Administrators fully support and endorse an extension of the reorganisation. A decision from the District Court is expected to be announced on September 17.

Read more about Nynas applies for reorganisation extension - good progress, time to conclude needed

Approved extension of Nynas reorganisation

Södertörn's District Court today approved an extension of Nynas AB’s company reorganisation for another three months, until September 15, 2020.

Read more about Approved extension of Nynas reorganisation

Nynas applies for reorganisation extension

Nynas AB has today applied at Södertörn's District Court for an extension of the company reorganisation for another three months. The Administrators approve that the reorganisation shall continue. A decision from the District Court is expected to be announced in the week beginning June 15.

Read more about Nynas applies for reorganisation extension

Nynas exits US sanctions

The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a result of a corporate restructuring of the ownership of Nynas AB sanctions are lifted, and US persons and companies no longer require an authorization from OFAC to engage in transactions or activities with Nynas AB. As a consequence, general license GL 13E is removed.

Read more about Nynas exits US sanctions

Nynas general license extended

The general license, that permits companies to continue to trade with Nynas without breaching US sanctions, has been extended to allow time to finalise the process to lift the sanctions on Nynas.

Read more about Nynas general license extended

Extension of Nynas reorganisation approved

Södertörn's District Court today approved an extension of Nynas company reorganisation for another three months, until June 15. The reorganisation process will now continue with a focus on actions for removal of US sanctions applicable to the company and to finalise the long-term funding.

Read more about Extension of Nynas reorganisation approved

Nynas applies for extended reorganisation

OFAC ready to initiate process for removal of sanctions applicable to Nynas

Read more about Nynas applies for extended reorganisation