Pilis-Investor liquidation
To date, creditors of bankrupt fund manager Pilis-Investor (PI) Rt have put in claims worth a total Ft 11.7 billion, of which not more than 10%-25% will likely be paid back in effect, liquidator Kelet-holding Rt announced at a press conference yesterday. In addition, the co-operative's 700 members are expected to make claims for another Ft 1.5 billion, the liquidator added. While PI's balance sheet attests to assets totaling Ft 80 billion, the company's real value is estimated to add up to far less than that. (Vg 5) S.F.


