The Business Merger of Kordárna and Slovkord

On December 20th, 2016, the Merger of Slovkord Plus a.s. in position of company being acquired and Kordarna Plus a.s. in position of an acquiring company was registered in a commercial register. The decisive day of the merger is January 1st, 2016. Slovkord Plus a.s. was wound up without going into liquidation and all its assets and liabilities were transferred to Kordarna Plus, a.s. All activities regarding the Chemical fiber plant in Slovakia (former Slovkord Plus, a.s.), are done by Kordárna Plus a.s., “organizational unit.” The Slovkord brand continues to indicate the name of the product (polyester yarn) produced in Senica.