Arab Today, arab today stx dalian units file for bankruptcy protection in south korea
Last Updated : GMT 08:53:10
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STX Dalian units file for bankruptcy protection in South Korea

Arab Today, arab today

Arab Today, arab today STX Dalian units file for bankruptcy protection in South Korea

Workers at STX Dalian
Beijing - Yonhap

Six subsidiaries of STX Dalian Group, STX Corp.'s China unit, have filed for bankruptcy court protection in the country's northeastern Liaoning province as they struggle with mounting debts, China's state-run media reported Saturday.
The filing to seek "bankruptcy reorganization proceedings" by the six affiliates of STX Dalian, including STX (Dalian) Shipbuilding Co. and STX (Dalian) Engine Co., was made with the Dalian Intermediate People's Court on Thursday, the China Daily reported.

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