MQ Holding AB files for bankruptcy
The Board of MQ Holding (publ) AB (”MQ”) has today decided to file for bankruptcy. The application will be filed in to Gothenburg District Court during Thursday the 16th of April. The decision to file for bankruptcy is based on a significant decrease in the level of sales in March and beginning of April and which is considered to have a significant impact on the consumer market for a longer period even after COVID-19. The Board of Directors have assessed that the conditions to continue MQ's operations have changed significantly. The additional actions to reduce costs in this pandemic are