The subsidiary SolarSpring GmbH will file for insolvency proceedings in Germany and the Board will propose that the AGM resolves on liquidation of Clean Industry Solutions Holding Europe AB
The Board of Directors in Clean Industry Solutions Holding Europe AB (publ) (“CISH Holding” or the “Company”) announces that its wholly owned subsidiary SolarSpring GmbH is left with no other option but to file for insolvency and that the Board of Directors in the Company will propose that the Annual General Meeting of CISH Holding resolves on liquidation of CISH Holding. The assessment is based on a thorough analysis of CISH Holding's future opportunities and the fact that the holding company has no remaining operational assets or business activities. As a result, the most prudent course of