Two former executives of Adria Airways (Ljubljana), Arno Schuster and Holger Kowarsch, have paid EUR450,000 euros (USD523,500) into the company’s bankruptcy estate as part of a previous court settlement. The funds will be used to pay off the claims of former employees, which should speed up the conclusion of bankruptcy proceedings that began in 2019. The initial compensation lawsuit was worth EUR78 million (USD90.7 million).
Full Story : Finance, Slovenia