Nynas AB company reorganisation

Here we gather information regarding the Nynas AB company reorganisation.

Latest news

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.

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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.

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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.

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Nynas applies for extended reorganisation

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

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