Group 1 - The Riga City Court ruled that the insolvency petition against AS Delfi was unfounded, confirming the lack of factual or legal basis for the claim [1] - AS Delfi Latvia will evaluate its future actions based on the court's conclusions and the reasoning provided in the judgment [1] - Jānis Grīviņš, Chairman of the Management Board of AS Delfi Latvia, emphasized the company's commitment to fostering a free and well-informed society while providing high-quality services [2] Group 2 - AS Delfi is a significant part of the Baltic region's largest media group, with a revenue of EUR 5.53 million and a profit of EUR 594,200 in 2024 [2] - AS Ekspress Grupp, the parent company of AS Delfi, is the leading Baltic media group involved in web media content production, publishing, and various other services [3] - The Group has been operational since 1989 and employs approximately 1,000 people, indicating its substantial presence in the media industry [3]
Court rules that the insolvency petition against AS Delfi was unfounded
Globenewswire·2025-11-27 07:41