The meeting will be held remotely and will start at 10:00. Creditors will need to decide on the recognition of expenses related to the company's insolvency process as justified. As part of the insolvency procedure, Troll Smiltene has recognized the claims of 48 creditors totaling €856,898. All of these claims fall under the category of unsecured claims. According to the latest published financial data, the company's turnover in 2023 was €1.712 million, which is 45.1% lower than the previous year. The company ended the year with a loss of €302,032, whereas the previous year it operated at a profit. In the management report, the decline in turnover was attributed to the situation in the European economy and changes in the market. By the end of 2023, the volume of orders had decreased, and customers began to delay payments. Among the reasons cited by the company were the consequences of the Russian invasion of Ukraine. At the same time, suppliers of materials and services increasingly demanded prepayment or shortened payment deferral periods. According to Firmas.lv, Troll Smiltene was registered in 2001. The company's share capital is €71,890. The sole owner of the enterprise is the Swedish company Wonderland International, and the ultimate beneficiary is Jacqueline Anna Overlind, a Swedish citizen residing in the UK.
