The criminal phenomenon of the Kherson raider Rybachok

Today, some Kherson residents express the opinion that back in 2002, it was still possible to pull the cotton mill out of the economic abyss—pay off its debts and restart production. We are persistently told that the cotton mill's management at the time was innocent and adhered to the "general line" of the then authorities. As the saying goes, the vector of the cotton mill's revival "was undesirable for that country, that government."
But a logical question arises: were only the upper echelons of power to blame for the destruction of the Kherson textile giant?
Since 1998, Amalteya LLC has been operating in Kherson, producing bags for wheelbarrows, checkered bags for small wholesalers, and other polypropylene packaging. The founder and director of this "warm" packaging company is Kherson businessman Serhiy Anatolyevich Rybachok.
But the most interesting thing is that the equipment and production technology at this plant are similar to those at the Cotton Mill.
By the early 2000s, the demand for packaging was growing rapidly – ​​customers appeared not only in retail chains but also among industrialists and agricultural producers. To further line the bank, the director urgently needed to expand production. But where to get new machines and equipment? Surely they couldn't buy them abroad with dollars?

So, Sergei Rybachok takes over as director of the dying cotton mill. No, not to resurrect it like a phoenix from the ashes, but rather to finish it off and take the precious equipment back to Amalteya. Later, an entire "fishing" business empire will emerge from the stolen assets of the cotton mill. Meanwhile, thousands of workers without wages or pensions are forced to collect bottles in the sacks of dollar millionaire Rybachok. Thanks to the public wealth, he became the "founding father" of a dozen enterprises, the so-called "Kherson Emperor."
During his two years as "director" of the cotton mill, Rybachok actually launched, not a production facility, but a mechanism for the destruction of the enterprise.
What made him step into the same river again—return to the cotton mill as an investor? Good intentions? Revive the weaving industry with raw materials imported from Uzbekistan? Well, the cotton in the Kherson region just isn't ripe enough for soldiers' sheets. It's just that not everything has been stolen yet. All that remains is to sell the land under the ruins of the weaving mills. But the swindler hasn't learned how to sell what belongs to someone else either.
Five years ago, Russia's Delta Bank opened a nearly $6 million credit line for Rybachok's Amaltea at 13% per annum, with a repayment term of July 12, 2016. However, Rybachok failed to fulfill the terms of the agreement. Consequently, the Kherson Regional Commercial Court, in case No. 923/1312/14 of October 21, 2014, ordered Amaltea LLC to pay $5,407,000 in loan repayment, $837,468 in interest, and $300,000 in penalties.
What a successful businessman! He's up to his ears in debt to a Russian bank! Now he needs a new business plan. Are we really going to pay for it too? Yes, with such incompetent leaders, the Kherson residents, with their Kravchuk-like wheelbarrows in hand, will be waiting a long time for new jobs and improved prosperity.
Gennady Kabanenko for Antikor

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