Banks Support Heye-Glas

Heye-Glas has announced that Stephan Hottershinken, its appointed insolvency administrator, has received valuable guarantees from banks involved in the insolvency procedure. These agreements amount to two digit million Euro figures and are valid after 1 August, the start of the regular insolvency procedure. These guaranteed agreements highlight the fact that the banks are willing to stand by the company and have a genuine interest in its long term survival.