KUBAN OIL FACTORY ‘SOLARIS’ DECLARED BANKRUPT

KUBAN OIL FACTORY ‘SOLARIS’ DECLARED BANKRUPT

KUBAN OIL FACTORY ‘SOLARIS’ DECLARED BANKRUPT
The Arbitration Court of Krasnodar city declared Solaris factory insolvent.  The company that sold production equipment in 2017 turned out to owe the state 448.4 thousand rubles.

The main creditor in the case is the bankrupt Rosenergobank (represented by the state corporation DIA) with a claim of 1.2 billion rubles.  Its main co-owner Natalia Danilova also wants to receive about 219 million rubles under 12 loan agreements (she owns 90.66% in the authorized capital of the company).

The Solaris oil plant, as the Kommersant newspaper notes, appeared as a result of an agreement that was concluded in Sochi within the framework of the XII International Investment Forum.
Production facilities, warehouse premises and laboratories were placed on the territory of 7 hectares, as a result of more than half a billion rubles investments.
The organization itself (‘Solaris’ LLC) established in 2010 in the village of Staromyshastovskaya (Dinsky district of the Kuban), gained fame thanks to the sunflower oil supplied to the market under the ‘Petrovna’ trademark.

In 2017, the entire production complex of Solaris was sold to the Soyuz company.  The head of the company, Alexander Marinin, who signed the deal for 255 million rubles, eventually became accused of a crime.  It turned out that the property of ‘Solaris’ was pledged in the bank under the credit obligations of the ‘Solaris-M’ company and its debt amounted to 958 million rubles.

Marinin continues to hide from the investigation, and the co-owner of the company, Danilova, continues to try to invalidate the contract with Soyuz through the arbitration court.  According to her, she did not give her approval for the deal.
According to experts, Solaris actually went bankrupt several years ago.
The firm provided the latest data on losses in 2017.  Then they amounted to 37 million rubles with revenue of 48.7 million. Information about the company in the Unified State Register of Legal Entities was also invalidated, and all the financial transactions were actually stopped.

Specialists pin low hopes on the company's assets, which could have remained from the enterprise in the form of transport and land plots.  But now, when bankruptcy proceedings have been announced, first of all, the debts of the company to the state and, possibly, employees must be paid off.  It is still difficult to say whether the turn will reach other creditors.  Margarita Padurets was entrusted with the bankruptcy proceedings.

11.11.2021