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BANKRUPT BANKER

Humac, commercial agent of Apple in the Nordic countries is bankrupt.

Posted by Fraser Trevor Saturday, 13 December 2008

Humac, commercial agent of Apple in the Nordic countries is bankrupt. The debts are not under one billion krona but the largest claim owner is Glitnir. Humac ran 19 apple stores in the Nordic countries but in them are 250 employees. Stodir Invest, which is mostly owned by Gaumur, which is mostly owned by Jon Asgeir Johannesson, owned 29% in Humac. According to the resources of the newsroom the debts of Humac are not under one billion krona but the largest claim owners are Glitnir and Apple in America. The liquidating manager of the company as already sold all 19 stores out of the bankrupt estate of Humac. The buyers are Bjarni Akason who sold a share in the company one and a half year ago, and Valdimar Grimsson but they finished the purchase deals last Thursday. They are not taking over the debts of Humac, amongst others of Glitnir, but instead they are taking the wage commitment to the employees.
From what Bjarni says they put their own money into this purchase and are not getting any help of one of the Icelandic banks. Bjarni did not want to say the purchase price, but it is according to the sources of the newsroom a few hundred million krona. Humac was evaluated of one and a half billion krona last year.

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