News & Press releases

The southern province of Limburg in the Netherlands was last month hit by the most severe flooding in decades. Thanks to hard work from Polygon and ACI Groep, Limburg is now on the road to recovery.

On 13 June 2016 a summons to initiate a written procedure for the noteholders to consider a request to permit a debt reorganisation of the Polygon group was announced. The purpose of the debt reorganisation is to strengthen the balance sheet of PolygonVatro GmbH (“PolygonVatro”) and to better reflect the revenue profile of the group on an entity-by- entity basis.

At the Museum 't Oude Slot, in the Dutch city of Veldhoven, a glass shelf in a display cabinet collapsed, damaging precious statues. The unfortunate event occurred in February of last year, and the museum quickly approached Polygon’s VANWAARDE team to restore the art. With VANWAARDE’s skill in delicate restoration, the objects were given new life.

After a heavy snowfall, parts of a production hall of an automotive supplier in Lower Saxony, Northwest Germany, collapsed. The entire roof structure was extremely unstable and threatened to fall on the production machines. To avert the disaster, the affected company’s insurance company called upon POLYGONVATRO.

When any building is hit by a large fire, that completely incinerates the roof, and devastates the structure, there is understandably an impact on the inhabitants. In this one case, however, the fact that the building formed part of the town hall premises meant the damage affected the entire local community in the small south French village. With expert help from the Polygon owned company, Global Sinistres, the building could be supported during the long process of restoration.