Sberbank is driving the polymer packaging producer to bankruptcy

Sberbank is driving the polymer packaging producer to bankruptcy

Sberbank is driving the polymer packaging producer to bankruptcy
The ‘Tiko-Plastic’ company, located in the city of Dzerzhinsk, became a defendant in the bankruptcy case initiated by Sberbank.  The debt of more than 138.48 million rubles (case No. À43-38007 / 2021) became a ground for applying to the court.

The application from the credit institution was received by the Nizhny Novgorod Arbitration Court on November 26, but has not been considered yet.  What caused this debt will become clear if the bankruptcy process is launched.

In 2015, the ‘Businesses Quarter’ media called the company ‘unsinkable’. It was reported that the management of the enterprise contributed up to 90% of the profits to the modernization of production and development.
The company occupies a production area of   17 thousand square meters.
In 2019, the JSC celebrated its twentieth anniversary.  The company's website contains the text of an interview with the founder and head of the company Igor Yesin, in which he talked about the successes achieved over the past decades.

Tiko-Plastic is one of the leaders in the flexible packaging market.  In 2020, experts recognized the company's products as one of the hundred of the highest quality goods of Russian manufacturers.

According to the International Audit Center, the company's revenue for the past year amounted to more than 2.6 billion rubles, and its net profit - 115 million rubles, which is 18% more than in 2019.  Last year, the company had more than 500 employees.

30.11.2021