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THE VODKA MANUFACTURER HAS FILED FOR LIQUIDATION

... the organization has production workshops that produce alcohol. That's where Alfa Lux used to work. Experts believe that the economic situation of the company will not allow to repay such large obligations to the Federal Tax Service. This can lead to bankruptcy. Despite financial difficulties, the organization has demonstrated good results in 2023. 2.62 million decaliters of vodka entered the market. The company entered the top 10 manufacturers, taking 9th place in the Russian Federation. The volume ...

THE DISCOVERED PROPERTY AND MILITARY PROPERTY RIGHTS CAN BE DISTRIBUTED AFTER THE LIQUIDATION OF THE LEGAL ENTITY

After the bankruptcy proceedings against the debtor were completed, the plant appealed the ruling of the first instance. According to the representatives of the plant, there were no reasons for the termination of the auction, since the manager did not put up for ...

THE FEDERAL TAX SERVICE HAS PUBLISHED A MEMO ON SIMPLIFIED LIQUIDATION

... Recall that the simplified procedure of the company, which appeared in the law, is available to small and medium-sized businesses that do not have: 1. Debts to creditors and the budget; 2. Property; 3. Records of unreliability of information; 4. Bankruptcy or liquidation proceedings initiated against them. The new procedure provides for the possibility of liquidation of the company in an accelerated manner, without the need to publish a notice of liquidation and a liquidation balance sheet - an application ...

SWISS CHOCOLATE MANUFACTURER LINDT HAS STARTED LIQUIDATION IN RUSSIA

The Russian "daughter" of the Swiss Lindt & Spruengli Group, specializing in the production of premium chocolate products, has launched a liquidation process. This is evidenced by the entry in the Unified State Register of Legal Entities. The firm announced plans to leave the Russian market last year. In March 2022, it closed the doors of its outlets. At the same time, the manufacturer ...

EXPERTS PREDICT MASS LIQUIDATION OF DRIVING SCHOOLS IN RUSSIA

... there will simply be nothing to train students on. In his interview on the radio station "Moscow Speaks", the head of the Union of Driving Schools said that maintaining the current price level in the automotive market will lead to the mass liquidation of driving schools over the next three years. The car, which previously could be purchased for 600-700 thousand rubles, is now estimated at 2 million rubles. According to Achkasov, driving schools are already experiencing problems related ...

Rostov authorities made a decision to liquidate funeral home saved from bankruptcy

... requirements of the federal law, requiring to reduce the number of municipal unitary enterprises by 2025, the reason for the liquidation of the ‘SPS’. It was decided that only three organizations of this kind would remain in the city. One of them manages ... ... city lighting (Rostgorsvet). It is curious that until recently, city officials were happy to admit that ‘SPS’ managed to avoid bankruptcy. In September 2021, an insolvency suit was filed against the organization by the tax authorities. The basis was debts ...

Tatarstan sugar plant is being liquidated after bankruptcy

‘Nurlatsky Sugar’ failed to stand the competition and began voluntary liquidation immediately after filing for bankruptcy. The head of the company, Ilsur Shaydullin, is the liquidator of the company. The plant informed all interested parties that it would accept claims from creditors until February 9, 2022. The enterprise, from which the sugar industry actually ...

'AIDS.Center' Foundation did not receive grants and faced a risk of bankruptcy

... Fund for Assistance to HIV-Infected Patients. In the near future, the premises of the organization may be closed in both capitals of Russia and Nizhny Novgorod. The organization is known to have started collecting donations, hoping to avoid possible bankruptcy. Its founder Anton Krasovsky told the media about the deplorable state of the AIDS.Center Foundation in his Telegram channel. Until recently, he served as a chairman of the board of the organization. The foundation’s failure to receive several ...

Austrian manufacturer of chocolates Mozart is driven to bankruptcy by pandemic

Salzburg Schokolade company, which produced Mozartkugel (‘Mozart Balls’) branded chocolates, filed for bankruptcy. The company filed a bankruptcy petition with the court on Monday. At the moment, the fate of 140 employees who are at risk of losing their jobs is being decided. According to the Austrian media outlet salzburg.orf.at, negotiations are currently ...

Experts predict liquidation of 20% of clothing stores in Russia

The pandemic, which reoriented the Russian consumer to online shopping, revealed a number of trends in the clothing market. Experts point out that one of them is conscious consumption. This trend, in their opinion, can ‘bury’ up to 20% of the current clothing market by 2035. Alexey Bazhenov, the head of the NTI WearNet group, made a similar forecast. According to the expert, in 2020-2021, about 40% of clothing stores, which did not have time to adapt their business to e-commerce technologies,...

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