The Liège Enterprise Court has appointed a provisional administrator for Liberty Liège, removing Liberty Galati from managing its Walloon subsidiary, according to union sources on Saturday.
A lawyerl in Liège named Roman Aydogdu on Friday, 28 March, will take on this delicate mission. Aydogdu is familiar with the case, having served as a mediator during the Judicial Reorganisation Procedure of Liberty Liege Dudelange in 2021.
This decision follows numerous union alerts about shortcomings within the company that jeopardised its ongoing operations. The provisional administrator’s primary goal will be to safeguard industrial assets and assess the company’s future. “The court has aligned with us and appointed him to protect the facilities. There is a significant risk that the company may stop paying for electricity. If the power is cut, it will degrade the installations. His appointment will likely last until bankruptcy is declared,” explains Farouk Chennit of CSC Météa.
This appointment might also be a preliminary step before the Walloon Region takes over management: “We are reassured that the Romanian company no longer has control; its management will now be in the hands of the administrator,” adds the regional secretary.
The cabinet of Walloon Economy Minister Pierre-Yves Jeholet has also been informed of the court’s decision.
