Nalchik Meat Processing Plant Puts Its Accounts Receivable Up for Auction

Nalchik Meat Processing Plant Puts Its Accounts Receivable Up for Auction
Photo is illustrative in nature. From open sources.

The starting price will be gradually reduced by 20% every two days, with a minimum of 5,000 rubles. This information was posted in the Unified Federal Register of Bankruptcy Information. The plant, registered in 2010, primarily operates in MEAT processing and canning and was declared bankrupt in 2015 at the initiative of the Russian Agricultural Bank. As of today, the total amount of creditors' claims is 647 million rubles.