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Scana Steel Björneborg AB to find new owner

The Board of Scana Steel Björneborg AB has 4 December, 2018 filed for bancruptcy. The background is an acute liquidity situation.

Scana Steel Björneborg has for some years been subject to losses and has undergone changes, including leadership changes and staff reductions in an effort to create profitable operations without being completely successful.

A trustee has been nominated with the task to continue operation and find a new owner of the company. At the moment production is running as normal and there is made a lot of efforts to avoid or minimize losses and disturbancies to customers, suppliers and employees.

There is already several interested potential buyers and we work for a swift resolution to find a new owner.

As soon as there is new information available it will be announced.