Over 23 bn in debts

Largest bankruptcy in Czecho-Slovak history

Learn About Arca

Both the Municipal Court in Prague (Czechia) and the Bratislava I District Court (Slovakia) have opened bankruptcy proceedings against Arca Group. Arca Investments was the parent company of the financial group Arca Capital. Arca Investments' creditors filed claims in the insolvency proceedings for approximately CZK 23 billion (€922 million). Both courts opened insolvency proceedings following a motion filed by its creditors, amongst them also Timmer a.s.

#DonJustice is challenging constant suspendings of the respective bankruptcies, achieved by phony motion filings through the former Arca management seeking debt restructuring both in Czechia and Slovakia, which just extend and facilitate the funneling of the bankruptcy mass.