Due to Eurocent’s complex property and legal situation, and its inability to obtain an investor, as of March 20, 2018, Eurocent has ceased its operations. According to the compulsory administrator of Eurocent, continued operating activity is economically unjustified and there are no real prospects for the implementation of the arrangement and restructuring of the company.
Mintos says it is their priority to protect the interest of the investors and they are currently doing everything possible to ensure this. Their lawyers are now reaching out to the administrator and the board of Eurocent to see how they can recover the money owed to Mintos investors as soon as possible.
You can read the previous update on Eurocent here.