Thursday, March 13, 2008

Khabarovsk spirit looking for investors

Khabarovsk spirit looking for investors

The assets of OAO "Lazovsky alcohols" (Teely Khor Khabarovsk Territory), who is in the bankruptcy procedure, will be sold. It said the bankruptcy trustee businesses Vladimir Biryukov. According to independent experts, the value of the assets may amount to some 75 million rubles.

Back in 2003, the company was corporatized, and the entire package of shares was transferred to the Government of Khabarovsk Territory. Earlier enterprise engaged in the production of ethanol, technical, as well as ethanol. However, in December 2005, production at the plant was halted. First Deputy Minister of Food Industry head of the food industry Alexei Novikov explains the situation in the province lack the necessary raw material base, writes Kommersant-Khabarovsk.

As noted Vladimir Biryukov, while specific applicants for the property set no spirit, and now "we are not talking about the bid, but only trying to find investors who would be interested in the enterprise," - said the bankruptcy trustee. He said that the business would be sold or selected "two or three" of lots.

According to the experts, the value of the property could amount to 75 million roubles. While enterprise debts are about 200 million rubles. In addition, according to experts, property companies sell useful parts. According to a former director of JSC "Lazovsky alcohols" Yuri Nagorny, the best option for the enterprise - it is an organization based on a number of smaller companies manufactures other specialities.

No comments: