The party company Buttericks is in crisis and is applying for corporate restructuring at the Stockholm District Court. The company, which has existed for over 120 years, has according to a press release not been able to recover economically after the pandemic's significantly reduced turnover.
"During the autumn, tax debts that were built up during the pandemic have fallen due, resulting in large tax payments that have drained the cash reserves. Despite comprehensive measures, the liquidity situation has now become acute, forcing the company's management to apply for corporate restructuring", writes Buttericks in a press release.
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