This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Poly Klyn supera el concurso de acreedores

Poly Klyn Surpasses the contest of creditors

16/05/2013

16 May 2013

With the recent official publication of the corresponding mandamiento in the Mercantile Register, Poly Klyn puts end to the contest of creditors ratified the past 22 November 2011 by the headline of the mercantile cutting number 9 of Barcelona, Bárbara Mª Córdoba, and that awarded the administration concursal to Àngels Roqueta, of Compas Concursal. A year after the car, in his board of creditors, Poly Klyn achieved a quorum of 51,31% of the passive ordinary, attaining the approval of the corresponding agreement and ensuring like this the continuity of the business. They supported the continuity of the project 10 of the 16 banking entities (54,09% of the passive banking ordinary) that formed the pool banking.

With a passive near total to 10 MEUR, the restructuring of the ordinary debt approved establishing the formula of 50% of remove and the payment of the rest in 8 anualidades of linear amount. The company has initiated already the contacts to close the agreement of payment of his privileged debt (Social hygiene, Agency Tributaria, CDTI and Fogasa), that also will include to his employees, by the amount of an only extra pay no attended in 2011.

Of left to right: Eva García (director attaches and of Marketing), Marc Miquel (proprietary and general director) and Alfonso Vicarious (financial director).

Keeping his position of reference in the sector, Poly Klyn has closed the exercise 2012 with an income of 4,6 million euros, that deliver between his usual business for hire and the available division of sanitary ware laptops, been cream of the effort realised in the last years for diversifying, innovar and internacionalizar. The base of the commercialisation finds in solutions to measure and only products in the world, developed and patented by the company, for the field of the hygiene in emergencies: cabins and folding portable wash basins and apilables. In 2012, inside his strategy of internationalisation, the division of sales of Poly Klyn achieved that his operations in the outside surpassed to the national, improving the product crashes patented for the market of the emergencies.

The property of Poly Klyn keeps in hands of his founders (Marc Miquel (son) and Joan Miquel (father)), that have surpassed the contest with a team of collaborators renewed headed in the general steering by the own Marc Miquel and by Eva García, director attaches and of marketing, and with the accompaniment of Alfonso Vicarious of SCA Corporate auditss, in the financial steering, and of the dispatch Eulex Betulo in the legal field. At present, the company centres his efforts in renewing the positioning of the mark, that follows leading the sector inside the national territory, with a new branding and corporate image. Besides, it is working in a wallet of new services and innovative products and revolutionaries, and in the consolidation of his international project.

The managers of the company no descartan the establishment of strategic alliances or the entrance of new partners that consolidate and strengthen his project. Besides, with data of Webconcursal, stand out the “importance to leave backwards a situation concursal in the current context, when in 2012, only in Catalonia, presented 1.646 contests of creditors and only declared 5 agreements”.

Created in 1994 in Terrassa, Poly Klyn is a reference in Spain in mobile solutions of personal hygiene. After an ERE that in March of 2012 affected to 60% of the staff, the company explains today with 37 people. Poly Klyn Is the pioneering organisation in the sector of the sanitary ware laptops and sustenta his progression in a strong bet by the innovation, that show numerous patents and the fact to having manufactured the first cabin WC adapted for people with mobility reduced, the first of an alone piece, the first folding and the only wash basin totally folding and apilable.