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Norske Skogindustrier ASA
Karenslyst alle 49
Phone: +47 22512020p:+47 22512020 OSLO, 0279  Norway Ticker: 0KB60KB6
Filed for Bankruptcy on 12/19/2017
On 12/19/2017, the Board of Directors of Norske Skogindustrier ASA filed for bankruptcy at Oslo Skifterett (Oslo Bankruptcy Court). The Group's operational activities will continue in Norske Skog AS as normal, with as little impact as possible from the bankruptcy proceedings of the listed Norske Skogindustrier ASA.
On 11/16/2018, a Chapter 15 Bankruptcy Petition was filed by The Bankruptcy Estate of Norske Skogindustrier ASA (Case #18-13571) in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan)
Business Summary
The Bankruptcy Estate of Norske Skogindustrier ASA, formerly known as Norske Skogindustrier ASA is a Norway-based company engaged in the manufacture, distribution and sale of publication paper for newspapers, magazines, periodicals and advertising material. The Company’s activities are divided into two operating segments: Newsprint and Magazine Paper. It is a parent of Lysaker Invest AS, Nornews AS, Norske Skog Kraft AS, and nsiFocus AS, among others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201712/31/2016Yes-Yes--

Industries
SIC Code Description
2621 Paper mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board ChristenSveaas 61 8/24/2017 8/24/2017
Interim President and Chief Executive Officer Lars P.Sperre 42 5/7/2017 1/1/2014
Chief Financial Officer RuneSollie 52 1/8/2014 1/8/2014
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Norske Skog AS Oksenoyveien 80 Oslo Norway
Norske Skog Holdings AS Oksenøyveien 80 Oslo Norway
Norske Skog Golbey SAS P.O.Box 109, Golbey Cedex France
Norcell Inc. 2 Corporate Drive Shelton CT United States

Business Names
Business Name
0KB6
NK2A
NKSJY
4 additional Business Names available in full report.

General Information
Number of Employees: 2,500 (As of 9/30/2017)
Outstanding Shares: 304,174,705 (As of 9/30/2017)
Shareholders: 20,783
Stock Exchange: OSL
Fax Number: +47 22512021


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Saturday, July 22, 2023