Insider Business Equipment of defunct Cobalt goes on sale

Equipment of defunct Cobalt goes on sale

Electronic and office equipment belonging to the now defunct airline Cobalt will go on sale on Tuesday and Wednesday from 9 am to 4 pm.

According to an announcement from the company, which is under liquidation, the items will be sold at Artemidos Building (4th floor) in Larnaca.

It said that sales will be on a cash basis with no guarantees on whether the equipment works.

Cobalt declared bankruptcy last October after amassing losses of 30 million euro over three years. As a result, 280 people lost their jobs.

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https://in-cyprus.com/cobalt-debts-of-e82m-estimated-value-e10m/

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