Tag: factory

Police caught factory workers illegally selling alcohol.

Police shut down an international precursor smuggling channel.

Detectives from the Department of Strategic Investigations and the Main Investigative Department of the National Police of Ukraine, under the procedural guidance of the Office of the Prosecutor General, uncovered the illegal activity of employees of a state-owned distillery, who illegally sold 45,000 liters of alcohol, the National Police press service reported. Law enforcement officials discovered that the perpetrators…

The Ukrainian subsidiary of Russia's Vnesheconombank won a lawsuit against the AVK plant in Dnipro.

Prominvestbank (owned by the Russian state corporation Vnesheconombank) has won a lawsuit against the AVK Confectionery Factory for its Dnipro plant for debts under a credit line agreement totaling 1,37 billion hryvnias. This was reported by Finbalance, citing a ruling by the Donetsk Regional Commercial Court. Prominvestbank (owned by the Russian…

The property of Electronmash was appropriated by the family of its former managers.

Viktor Mova, the former head of the Electronmash company, was fired on suspicion of illegally privatizing the state-owned enterprise's assets. As journalists from the Ukrainian Investigation Center on Channel 24 discovered, some of the assets were indeed privatized by Mova's relatives, but according to the documents they obtained, this privatization was carried out legally…

Farmak is looking for a plant to buy in Europe.

Farmak, one of Ukraine's leading pharmaceutical companies, is considering acquiring a pharmaceutical company in Europe. Acting Executive Director Volodymyr Kostyuk announced this, according to Interfax-Ukraine. "We are collaborating with several companies that are helping us find the best option..."

Khomutynnik got rid of another bakery

Member of Parliament Vitaly Khomutynnik, through his investment fund, Cascade Investment Fund, sold 51% of the shares of PJSC Konotop Bread Factory. This information was confirmed by Anatoly Shakhnovsky, head of the investment fund's supervisory board, according to RBC-Ukraine. According to him, Cascade Investment has owned the bakery since 2008. The controlling…

The Zhevago automobile plant went bankrupt.

The Deposit Guarantee Fund failed to secure a $582,5 million lawsuit against Zhevago in British courts.

The Poltava Regional Commercial Court has initiated bankruptcy proceedings against Poltava Automobile Unit Plant (PAAZ), a KRAZ Group company, following a debtor's petition. According to the company's disclosure statement in the National Securities and Stock Market Commission, the total amount of debt (creditor claims) amounts to…