the timber network

Pfleiderer AG and Hans H. Overdiek have terminated his contract as CEO of the company. The required appointment of a second Board Member will be announced in due course

The insolvency court in Dusseldorf has yesterday opened insolvency proceedings for Pfleiderer AG and ordered personal management or debtor in possession as expected

The Higher Regional Court, Frankfurt/Main, has rejected the application for release submitted by Pfleiderer Finance B.V., in connection with the lawsuits filed by creditors against the resolutions adopted by the Creditors

The Supervisory Board of Pfleiderer AG has appointed Elmar Geissinger member of the Board with effect from May 14, 2012. Horst Piepenburg as the custodian has confirmed the appointment

The Pfleiderer Group has sustained its first-semester upturn of its operating business through the third quarter of 2011 according to preliminary figures

Today, the managing board of Pfleiderer Finance B.V. has filed for suspension of payments (surseance van betaling) with the district court of Zwolle, Netherlands

Pfleiderer is going to appeal against the judgment of the Frankurt Regional Court not allowing the German wood based panels manufacturer to compensate its bond creditors with shares

As the German wood based panels manufacturer Pfleiderer, Neumarkt/Bavaria, intends to divest its America business there is no longer need to report it to the balance

Uniboard USA LLC, a subsidiary of the German Pfleiderer AG, has announced the signing of an agreement to sell its MDF and Particleboard facilities located in Moncure (North Carolina/USA

Pfleiderer AG hereby announces that the boards of all its creditors have approved the extension of the standstill agreement until May 9, 2011. This allows for the contractual implementation in binding form of the key points of the Group

Pfleiderer AG has agreed with its creditors on the financial details of the Group’s restructuring. The relevant contracts have been signed by all the creditors

The shares of the German wood based panels maufacturer Pfleiderer continue their roller coaster ride, but tendency shows still downward. On last Friday, value reached a new low at € 1

In the form of a so-called posting, Pfleiderer AG yesterday sent the preliminary agreements for the Group’s financial restructuring to its creditors. The German wood products manufacturer disclosed the following key points of the current status of the restructuring concept

Pfleiderer AG is receiving support from its lending banks with its restructuring process. As a first step, the company has signed a standstill agreement with its banks in this context, which is valid until March 31, 2011

Today, Pfleiderer Engineerd Wood Products GmbH, a subsidiary of the Pfleider AG, announced that it started talks with the workers' council on the closure of the particleboard site Ebersdorf/Thuringia