During 2020–2021, the opportunity to defer VAT and employer contributions was offered to Swedish companies as part of the measures to manage the challenges resulting from the Covid-19 pandemic. The repayment plan extended until April 2027, but given Scandic’s strong financial position, the company has now repaid the outstanding debt in advance.
- We are very grateful for the support we received during the pandemic. We are proud of how we have developed Scandic and that we are now standing stronger than ever. As we have now launched initiatives to return capital to our shareholders, we see it as a natural step to also pay off the outstanding tax debt from the pandemic years in advance, says Jens Mathiesen, President & CEO of Scandic Hotels Group.
Tags: Jens Mathiesen, Scandic Hotels Group.
