Specialist PV equipment supplier RENA, which is in the middle of restructuring efforts, has said its new order intake in the fourth quarter of 2014 totalled €30 million.
RENA noted that the important orders came from strategic customers in both the PV and medical industries.
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The company, which is operating under self-administration, also noted that it had been working with major creditor groups on the restructuring strategy, which it said was progressing well.
“The positive business trend towards the end of the year and the good progress of the insolvency process make us optimistic about 2015,” said Jürgen Gutekunst, managing director and founder of RENA. “Both alternatives in the insolvency proceedings are for RENA a good solution and provide for the future of the company a solid foundation. It is important that the insolvency proceedings and the restoration can be completed as soon as possible.”